Housing costs in Sanibel?
A typical home costs
$1,068,700, which is 216.1% more expensive than the national average of
$338,100 and 194.9% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Sanibel costs
$1,980 per month, which is 38.5% more than the national average of
$1,430 and 21.2% more than the state average of
$1,560.
Can I afford Sanibel?
To live comfortably in Sanibel, Florida, a minimum annual income of
$204,840 for a family, and
$62,400 for a single person is recommended.
What does A.I. say about Sanibel?
The cost of living in Sanibel, FL is quite high compared to the national average. According to BestPlaces, the overall cost of living index in Sanibel is around 145, which is 45% higher than the national average. Housing costs are among the highest in the state and amenities such as groceries and utilities also cost more than usual. However, those who can afford it will find that Sanibel offers a great quality of life with plenty of outdoor activities and attractions to enjoy year round.