Cost of living in Fort Myers, FL — Housing, Rent & Index

All states·Florida·Fort Myers·Cost of living

Housing, rent, and a comparison to the US average.

$312,436
Median home value
$1,756/mo
Median rent
88
Cost index (US=100)
-9.4%
Home YoY change

The median home value in Fort Myers, FL is $312,436 as of 2026-04. That places Fort Myers below the US average for housing cost, with a cost index of approximately 88 versus a national baseline of 100.

Over the past 12 months, the median home value in Fort Myers has fallen 9.4%, and over the past five years it has averaged +4.3% annual growth. The current price sits -18.1% from its 5-year peak in 2023-09.

Renters pay a median of $1,756 per month in Fort Myers. Rents have changed -3.2% over the last year and averaged +5.1% per year over five years.

Beyond housing, day-to-day costs in Fort Myers are shaped by state and local taxes, utility rates, transportation, and groceries. This page focuses on the housing component, which is the largest single line in most household budgets and the easiest to compare across cities using consistent national data.

Housing

Median home value$312,436
1-year change-9.4%
5-year CAGR+4.3%
10-year CAGR+4.3%
vs 5-year peak-18.1%

Source: Zillow Home Value Index (ZHVI).

How Fort Myers compares

Cost index88 (below US)
Median home vs US (~$355k)-12.0%
Population99,918
Momentum score43 (Cooling)

Cost index is currently a housing-only proxy; full BLS basket coming with ACS pull.

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.