Are the Florida Keys expensive to live?

The median housing costs are exceptionally high in the Florida Keys. You can expect to pay about $1,400 per month for a one-bedroom or studio if you live in the upper Keys, with larger spaces going for as high as $3,075 per month. 6. There can be a lack of activities to enjoy when living in the Florida Keys.

What is the most affordable Florida key to live on?

The cheapest places to live in the Florida Keys based on total cost of living are Stock Island, Layton, and Big Pine Key. There are also some pockets of cheap housing around Key Largo, Little Torch Key, Marathon, and Key West.

How much do I need to make to live in Key West?

Consider it this way. The per capita income in Key West is right around $31,000.

How much does it cost to stay in the Florida Keys?

You should plan to spend around $170 per day on your vacation in Key West, which is the average daily price based on the expenses of other visitors. Past travelers have spent, on average, $38 on meals for one day and $41 on local transportation. Also, the average hotel price in Key West for a couple is $211.

What is the cost of living in Key West Florida?

Cost of Living in Key West, Florida. Our cost of living indices are based on a US average of 100. An amount below 100 means Key West is cheaper than the US average. A cost of living index above 100 means Key West, Florida is more expensive. Key West cost of living is 154.8.

How many people live in the Florida Keys?

You will have plenty of space to explore. Monroe County has 87% of its land area on the mainland, but only 60 people live there because almost the entire area is part of the Everglades. Over 99% of the county’s population lives on the Florida Keys, and the county seat is Key West.

What are the advantages of living in the Florida Keys?

One of the advantages of living in the Florida Keys is that you get to enjoy a beach sunset every day, all year long. Even if you live further up on the island chain and commute to Key West each day, you’ll still get to enjoy this unique benefit.

Are there any taxes in the Florida Keys?

The Florida Keys are one of only two locations in the United States that have never recorded a temperature below freezing. 2. There is no state tax that you need to worry about in the Florida Keys. The state of Florida is one of the few in the U.S. that does not charge an income tax.