Cudjoe Key Cost Of Living 2023

BIG PINE KEY, Fla. - Feb. 8, 2023 - PRLog -- Per Diane Corliss, A leading Realtor in the Lower Florida Keys, with the #1 Real Estate Co. in the Florida Keys.

However, as a small island community, the cost of living in Cudjoe Key can be quite different than the state and national averages.

Let's start with food. The cost of groceries in Cudjoe Key is estimated to be 110 on a 100-point index, making it 10% more expensive than the state and national averages. This is due to the limited number of grocery stores and restaurants on the island, as well as the higher cost of transporting goods to the island.

Utilities in Cudjoe Key are also slightly more expensive than the state and national averages, with an estimated cost of living index of 115. This is caused by the higher cost of electricity on the island, which is primarily generated by diesel generators.

Transportation costs in Cudjoe Key are estimated to be 100 on the index, which is in line with the state and national averages. However, owning a vehicle can be more expensive in Cudjoe Key as the cost of insurance is higher and the island has a limited number of repair shops.

Healthcare costs in Cudjoe Key are also more expensive than the state and national averages, with an estimated cost of living index of 110. This is because of the limited number of healthcare providers on the island and the higher cost of transporting patients to the mainland for specialized care.

Miscellaneous expenses in Cudjoe Key are estimated to be 105 on the index, making it 5% more expensive than the state and national averages. This is due to the limited options for entertainment, clothing, and personal care on the island.

Housing costs in Cudjoe Key are significantly more expensive than the state and national averages, with an estimated cost of living index of 130. This comes from the limited land available on the island and the high demand for waterfront property. The cost of renting a house in Cudjoe Key is significantly higher than the state and national averages and buying a property on the island can be expensive.

Overall, the cost of living in Cudjoe Key can be quite high, especially when it comes to housing, food, utilities, and health care. However, the island's laid-back lifestyle, beautiful beaches, and excellent fishing and boating opportunities may make it worth the cost for most people, particularly its residents.

For help or questions about selling or buying a property in the Lower Keys. Please call Diane at  305-849-0934  or see  diane@dianecorliss.com