Upper Keys Cost Of Living 2023

The Upper Keys are a popular destination for tourists and retirees alike. However, the cost of living in this area can be quite high when compared to the state of Florida and the national averages. So, let's just see how it all adds up.
By: Coldwell Banker Schmitt Real Estate
 
ISLAMORADA, Fla. - Feb. 6, 2023 - 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."

When it comes to food, the average monthly cost for a family of four in the Upper Keys is about $1,000, which is higher than the state average of $800 and the national average of approximately $700. This can be attributed to the higher cost of grocery items and dining out in the area.

Utilities, such as electricity, gas, and water, can also be quite expensive in the Upper Keys. The average monthly cost for a family of four is $250, which is higher than the state average of $200 and the national average of $150.

Transportation costs in the Upper Keys can also be high, with the average monthly cost for a family of four being $500. This is higher than the state average of $400 and the national average of $300. This can be attributed to the need for a car to get around the area and the cost of gas and maintenance.

Healthcare costs in the Upper Keys can also be more than the state and national averages. The average monthly cost for a family of four is $500, which is higher than the state average of $400 and the national average of $300.

Miscellaneous expenses, such as entertainment and clothing, can also be quite high in the Upper Keys. The average monthly cost for a family of four is $300, which is higher than the state average of $200 and the national average of $100. But, this is a bit misleading, given so many activities in the Upper Keys are free (like hiking, swimming, biking, fishing, etc.)

Finally, housing costs in the Upper Keys can be quite costly. The average monthly cost for a family of four is $2,000, which is higher than the state average of $1,500 and the national average of $1,000. This is largely due to the high demand for housing in the area and the limited availability of options.

Overall, the cost of living in the Upper Keys can be higher when compared to the state of Florida and the national averages. Still, the area offers many attractions and amenities, and residents expect to pay a tiny bit more for living in a tropical paradise.

For More Information About Islamorada Luxury Homes For Sale In The Upper Florida Keys.
Please Contact Jan at  http://kellerporterteam.com/ Or Call   305-664-7069

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Source:Coldwell Banker Schmitt Real Estate
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Tags:Islamorada Luxury Real Estate
Industry:Real Estate
Location:Islamorada - Florida - United States
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