North Fort Myers, FL

Very Low · 62

Florida · Population 44,189 · Updated March 2026

$1,155
Median Rent / Month
$55,696
Median Income
$137,700
Median Home Value
$800
Owner Costs / Month

Affordability

How far your income goes in North Fort Myers

24.9%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Florida

State-level tax rates that affect your costs

0%
Income Tax (Top Rate)
6.0%
Sales Tax
0.86%
Property Tax Rate

Estimated Annual Costs

$13,860
Annual Rent
$0
State Income Tax
$1,184
Property Tax (est.)

Cost of Living Overview

North Fort Myers is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 62 (where 100 equals the national median), North Fort Myers residents can expect to pay median rent of $1,155/month while earning a median household income of $55,696/year.

The median home value in North Fort Myers, FL is $137,700, with typical monthly owner costs around $800 including mortgage, insurance, and taxes. The median rent-to-income ratio of 24.9% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Florida has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 6.0% sales tax rate and 0.86% effective property tax rate, the overall tax environment helps keep costs manageable in North Fort Myers.

Frequently Asked Questions

Common questions about living costs in North Fort Myers

What is the cost of living in North Fort Myers, FL?
The cost of living index in North Fort Myers, FL is 62 (US average = 100). Median monthly rent is $1,155, median household income is $55,696/year, and the median home value is $137,700.
Is North Fort Myers, FL affordable?
Yes, North Fort Myers is more affordable than the national average with a cost index of 62. The rent-to-income ratio is 24.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in North Fort Myers, FL?
The median gross rent in North Fort Myers, FL is $1,155 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $13,860.
What is the median household income in North Fort Myers?
The median household income in North Fort Myers, FL is $55,696 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Florida?
Florida has a top income tax rate of 0%, a sales tax of 6.0%, and an effective property tax rate of 0.86%. Notably, there is no state income tax.