Islamorada Cost Of living 2022

ISLAMORADA, Fla. - Feb. 7, 2022 - PRLog -- Per Jan Keller, Top Producing Real Estate Agent for Coldwell Banker Schmitt Real Estate, and owner of Kellerporterteam.com "Everything about Real Estate in Islamorada and the Upper FL Keys."

The median home price in Islamorada is $716,000 and prices of goods and services have risen, transportation costs are up 4%, food prices 3%, and housing costs have increased by 5% over the past year.

Islamorada is not just an island, it's a village that sits between Miami and Key West on five separate keys -- Tea Table, Lower Matecumbe Keys, Upper Matecumbe Island, and Windley Key. It's a favorite spot for tourists and locals alike, due to its location, and natural beauty.

Islamorada is a picturesque town that offers nature's beauty and wildlife at its finest. This village was first established as an incorporated entity on July 1st, 1935 when it separated from Tavernier Key but still maintains close ties.

Islamorada is still a relative bargain compared to other coastal towns in Florida. The cost of living in Miami, for example, is up 11% from a year ago. But if you're looking for an affordable place to live on the water, Islamorada is a great option. Now, using a baseline score of 100 as the national average, any category above is more expensive, while any category below is less expensive. Here's a breakdown of the cost of living in Islamorada, Florida across six categories:

1. Transportation. Of all the expense categories, getting around in Islamorada is the least costly, scoring a 78, making it more affordable than the national average.
2. Utilities. For energy, Islamorada residents pay a little less, with a score of 98, making it more affordable to keep cool during the summer months and for everyday needs, as well.
3. Miscellaneous. Islamorada breaks its affordability barrier with odds and ends, scoring a 106, making it slightly more expensive than the national average -- but not by very much.
4. Food and groceries. Eating out at restaurants and cooking at home is also more expensive (because Islamorada is, after all, a collection of islands). The Village of Island earns a score of 115, making it a bit more costly than the national cost.
5. Healthcare. Islamorada's cost of healthcare is more substantial (though regular exercise and a sensible diet will do a lot to keep residents in good shape). Here the cost of healthcare scores 162, making it more expensive

Unsurprisingly, housing is the most expensive category, earning a score of 261, making it over twice as expensive as the national average.

For more information about Islamorada Luxury Homes for sale in the Upper Florida Keys, please contact Jan at http://www.islamoradajan.com