A+
5%
Overall NAT. AVG.
5%
Goods & Services NAT. AVG.
23%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Immokalee Florida National
Cost of living9598100
Goods & Services10598100
Groceries9999100
Health care10896100
Housing7796100
Transportation10799100
Utilities9697100

An Overview of Cost of Living in Immokalee, FL

Knowing the cost of living in Immokalee allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Immokalee stands at 95, marking it 5% lower than the national average.

Everyday expenditures like food, housing, goods and services, transportation and health care in Immokalee are priced in a manner consistent with other areas. This means that residents of Immokalee can anticipate their daily expenses remaining reasonably similar to those in an average city, thereby supporting a manageable cost of living.

Is Immokalee Affordable?

Is Immokalee an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Immokalee is 25.3% lower than the national average, while the average monthly rent prices are 18.7% lower than average. The affordability of any location can also be influenced by median income levels. Immokalee has a median household income of $33,249, which is 39.9% lower than the national average.

What Factors can Influence the Cost of Living in Immokalee?

Healthcare: Healthcare costs and insurance premiums can fluctuate greatly based on the city or state. Access to healthcare facilities, out-of-pocket expenses for doctor\’s visits, dentist costs, medication costs and specialized care costs can all impact the cost of living. In Immokalee, the healthcare costs are 7.5% higher than the national average.

Transportation: In areas where public transportation is scarce or unavailable, residents often find themselves compelled to own and upkeep vehicles, thereby increasing the overall cost of living. Monthly expenses encompass fuel, insurance, routine maintenance and potentially lease or financing payments. In Immokalee, the transportation index is 7.4% higher than the national average.

Groceries: Grocery costs have continued to increase significantly over the last 2-3 years. In some markets the cost of food has gone up by more than 20% in that period. While other markets have managed to see only a moderate uptick. These food costs can have a major impact on the cost of living in any area. In Immokalee, the groceries index is 1.1% lower than the national average.

Where is the Data From?

The Immokalee cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. The index takes into account data from 300 independent researches, covering more than 60 goods and services across 6 different categories, to create an overall index for each area, with 100 being the average. The C2ER index does not include sales or income tax rates in their data, however AreaVibes does include both income and sales tax rates in the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Immokalee is 3% lower than the Florida average
  • The cost of living in Immokalee is 5% lower than the national average
  • Immokalee housing is 23% lower than the national average
  • Florida general sales tax is 18% higher than the national average
  • Florida state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Immokalee

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Compare Immokalee, FL Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$45,775$3,815$1,068$1,373
      Renters$28,438$2,370$664$853
      A good indicator of the general affordability of housing in Immokalee, FL, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Immokalee, the median monthly income is $45,775 for those who own their own homes. Under the standard rule, that income level would allow for $1,068 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $28,438, per the median income in the area. That would allow for renters to spend up to $664 on monthly rental expenses.

      Florida Sales Tax

      State General Sales Tax With Max Surtax
      Florida 6% 7.5%

      Florida Income Tax

      State Income Tax (Low) Income Tax (High)
      Florida 0% 0%

      Goods & Services

      Item Immokalee National avg. Difference
      Haircut $28.20$24.2616.2%
      Beauty Salon $54.05$45.5618.6%
      Toothpaste $3.63$3.701.9%
      Shampoo $1.45$1.2813.5%
      Movie $13.05$12.137.6%
      Bowling $21.20$18.0017.8%

      Groceries

      Item Immokalee National avg. Difference
      Ground Beef $6.06$5.843.8%
      Fried Chicken $1.40$1.5711.0%
      Milk $4.57$4.672.2%
      Potatoes $5.24$4.936.1%
      Pizza $11.72$12.093.0%
      Beer $11.06$10.416.2%

      Health Care

      Item Immokalee National avg. Difference
      Optometrist $101.67$125.6819.1%
      Doctor $153.94$135.7813.4%
      Dentist $122.09$113.297.8%
      Ibuprofen $10.59$10.650.6%
      Lipitor $535.04$468.6014.2%

      Housing

      Item Immokalee National avg. Difference
      Home Price $138,000.00$184,700.0025.3%
      Avg. Mortgage Payment $2,422.46$2,346.693.2%
      Apartment Rent $772.00$949.0018.7%

      Transportation

      Item Immokalee National avg. Difference
      Gasoline $3.47$3.460.2%
      Tire Balancing $74.92$59.9225.0%

      Utilities

      Item Immokalee National avg. Difference
      All Electricity $179.36$193.997.5%
      Phone $194.07$192.250.9%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Lehigh Acres, FL124,5231022.3%
      Orangetree, FL4,23112525.4%
      Immokalee, FL28,060955.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Saratoga Springs, NY28,05612525.5%
      Melrose, MA28,05416767.2%
      Bethany, OR28,04715858.3%
      East Chicago, IN28,0448712.7%
      Burlington, MA28,07717069.5%
      Immokalee, FL28,060955.0%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.