The cost of living in Key Largo is 26% higher than the national average Key Largo housing is 73% higher than the national average Florida general sales tax is 18% higher than the national average
How much does it cost to live in Key West Florida?
If you decide to start living in Key West, then the average housing cost is over $600,000. You could live on Key Largo if you prefer, but at a price of more than $620,000.
Is there a cheap place to live in the keys?
As you can see, there is really no “cheap” place in the Keys. The city with the lowest total cost of living is still 26% more expensive than the rest of the U.S. Food and groceries are consistently 10% to 15% more expensive as well.
What are the best months to live in Key Largo?
January, February and December are the most pleasant months in Key Largo, while August and July are the least comfortable months. The unemployment rate in Key Largo is 3.3% (U.S. avg. is 6.0%).
What is it like to live in the Florida Keys?
There can be a lack of activities to enjoy when living in the Florida Keys. You will find places like Big Pine and Marathon provide you with the small-town approach to life that is available throughout the United States.
How much does it cost to live in Key Largo?
Key Largo cost of living is 160.2COST OF LIVINGKey LargoFloridaOverall160.2102.8Grocery114.4102.8Health145.498Housing278.6102.64 more rows
Is Key Largo expensive?
You should plan to spend around $170 per day on your vacation in Key Largo, which is the average daily price based on the expenses of other visitors. Past travelers have spent, on average, $48 on meals for one day and $45 on local transportation. Also, the average hotel price in Key Largo for a couple is $187.
Is Key Largo a good place to live?
The Key is a popular destination and is seen by many as the best area to live in the Florida Keys. Key Largo Real Estate offers housing options that are as diverse as its population. You will find upscale condos, apartments, beach-front cottages, single-family houses, and multi-million-dollar mansions.
What's it like to live in Key Largo?
Living in Key Largo offers residents a sparse suburban feel and most residents own their homes. In Key Largo there are a lot of restaurants and parks. Many retirees live in Key Largo and residents tend to lean conservative. The public schools in Key Largo are above average.
Is it cheaper to stay in Key Largo or Key West?
The cost of staying in Key West isn't terribly different from the cost of staying in Key Largo. Food prices are similar — though Key West has far more high-end restaurants than Key Largo. Hotel rates and activity fees are also comparable. The main cost difference will most likely be the cost of getting there.
Why is Key Largo famous?
Key Largo is the first of the fabulous Florida Keys and is the self-proclaimed Dive Capital of the World. It is home to the world's largest artificial reef, the 510-foot USS Spiegel Grove, the John Pennekamp Coral Reef State Park and the African Queen. Everglades National Park is just a short trip away from Key Largo.
Is it safe to swim in Key Largo?
You can enjoy your vacation to the fullest without having to worry about the safety of your children. It is the safest beach for kids and the best beach for swimming in Key Largo. A jetty surrounds its shores, keeping it well-protected from waves or currents and forming a tide pool.
What is the prettiest Florida Key?
While Key Largo is undoubtedly the prettiest of all the Florida Keys, it's also one that's home to plenty of activities for the avid beach goer.
Does Key Largo have good beaches?
Does Key Largo have good beaches? Key Largo is the gateway to the Florida Keys. It's a fantastic place for snorkeling, since the reef here is shallow (five to 15 feet deep). It's also a great place to hit the beach, with plenty of pretty man-made beaches with long stretches of sand.
What famous people live in the Keys?
Here is a short list of a few of the most famous Key West residents.President Harry S. Truman. ... Ernest Hemingway. Hemingway is perhaps Key West's most famous resident. ... Judy Blume. Another famous author to have a home in Key West is Judy Blume. ... Jimmy Buffett.
How much does it cost to live in the Keys?
Key West cost of living is 154.8COST OF LIVINGKey WestFloridaHousing274.1102.6Median Home Cost$752,400$294,900Utilities98.9101.3Transportation69.3112.64 more rows
What is the crime rate in the Florida Keys?
The Key West FL crime rate for 2018 was 395.48 per 100,000 population, a 7.28% increase from 2017. The Key West FL crime rate for 2017 was 368.63 per 100,000 population, a 6.12% decline from 2016. The Key West FL crime rate for 2016 was 392.67 per 100,000 population, a 36.67% decline from 2015.
Is it better to stay in Key Largo or Islamorada?
Key Largo is better if you are looking for exciting outdoor adventures such as kayaking, snorkeling, or visiting state parks. Islamorada is better if you are looking for world-class fishing and some great resting and relaxation time.
What is the prettiest Florida Key?
While Key Largo is undoubtedly the prettiest of all the Florida Keys, it's also one that's home to plenty of activities for the avid beach goer.
Is it safe to swim in Key Largo?
You can enjoy your vacation to the fullest without having to worry about the safety of your children. It is the safest beach for kids and the best beach for swimming in Key Largo. A jetty surrounds its shores, keeping it well-protected from waves or currents and forming a tide pool.
Does Key Largo have good beaches?
Does Key Largo have good beaches? Key Largo is the gateway to the Florida Keys. It's a fantastic place for snorkeling, since the reef here is shallow (five to 15 feet deep). It's also a great place to hit the beach, with plenty of pretty man-made beaches with long stretches of sand.
Florida is a tax-friendly state with a low cost of living for some
Florida has no state income tax and is considered one of the lowest tax states in the country! This means that if you work in Florida, your paycheck will be free of taxes other than the federal income taxes. This will make your take-home pay higher and provide more income for the basic cost of living purchases.
Healthcare access and affordability and your cost of living
Florida is ranked number 49 out of all states in overall healthcare access and affordability. Healthcare costs make up a significant part of the cost of living. The ability to afford healthcare as well as the ability to access care are key indicators of how much you will be paying for this important resource if you move to another state.
Hot summers and the cost of living
Florida has one of the highest state-wide average temperatures during the summer months of June, July, and August. If you live in Florida, it is likely that your air conditioner will be running non-stop for most of the summer.
What is a Cost of Living index and how is it used?
In the simplest terms, a Cost of Living index is the estimated amount that represents the cost of the basic necessities required for an individual to live. A cost of living or COL estimate may typically include estimates for housing, food, energy, medical care, transportation, taxes, and other necessities.
What factors are included in estimating your cost of living?
The Salary.com cost of living calculator estimate is based on data related to five general categories: housing, food, healthcare, transportation, and energy. These are the universally recognized core components of any cost of living estimate and represent those expenses that apply to everyone.
Affordability breakdown
The cost of food in Key Largo is more expensive than the United States average and earns a score of 1 out of 10. A cost of food score of 1 indicates most expensive while a 10 represents cheapest.
About Key Largo
Key Largo is a census-designated place in Monroe County, Florida, United States, located on the island of Key Largo in the upper Florida Keys. The population was 12,447 at the 2020 census. The name comes from the Spanish Cayo Largo, or "long key".
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About the Data
The information above is a sample of data available in ERI Economic Research Institute's Relocation Assessor. Cost of living data are derived from actual housing sales data and extensive research using authoritative online databases for consumables, fuel costs, tax rates, etc.
Cost of Living in Key Largo, Florida
Key Largo is a Census-designated place in Monroe County, Florida, with a population of 9,954.
Housing Costs in Key Largo, Florida
Housing is one of the largest components of cost of living. In Key Largo, the median home value is $380,200, greater than the national median home value of $204,900.
Transportation Costs in Key Largo, Florida
Transportation can also be a significant component of cost of living. In Key Largo, 85.20% of commuters drive to work, compared to 85.5% of commuters nationwide. An estimated 54.70% of workers commute to jobs outside of Key Largo, a larger share than the 43.7% share of commuters nationwide who live and work in different cities.
Health Care Costs in Key Largo, Florida
Out-of-pocket health care costs and insurance premiums — assuming at least a basic level of health insurance coverage — are far higher than they are on average nationwide in Key Largo and also well above what they are across Florida as a whole.
Child care Costs in Key Largo, Florida
For families with children, child care adds thousands of dollars to overall annual spending. In Key Largo, the average annual cost of child care for two children — one 4 year old and one 8 year old — is $13,743, about $1,600 more than the comparable average of $12,134 across all of Florida. Meanwhile, across the U.S.
Food Costs in Key Largo, Florida
Food is another every day expense that has a significant impact on overall cost of living. Data from the U.S. Department of Agriculture shows that the cost of food varies from city to city and town to town.
Taxes in Key Largo, Florida
Few expenses vary as much from city to city and town to town as taxes. Accounting for state and federal income taxes, as well as Social Security contributions and Medicare payroll taxes, the average adult working in Key Largo, Florida pays $7,108 annually — a relatively high sum compared to the the statewide average of $5,307.
How much higher is Key Largo than the average?
Compared to the rest of the country, Key Largo's cost of living is 60.2% higher than the U.S. average. More Cost of Living or Compare Key Largo's Cost of Living
What months are the most pleasant in Key Largo?
January, February and December are the most pleasant months in Key Largo, while August and July are the least comfortable months.
Is the library good for families?
The very low crime rate makes it very desirable for us to raise our family. The library has great story hours and lots of children's books, and an easy computerized... Read More
Is it a good time to buy in Key Largo?
It's a good time to buy in Key Largo. Home Appreciation is up 16.1% in the last 12 months.
What to know when moving to Key Largo?
Here are a few things you need to know when moving to Key Largo. The atmosphere is laid-back but still exciting. The Florida Keys as a whole is well known for its laid-back atmosphere, but because of Key Largo’s proximity to Miami and the fact that it’s the first stop in the Keys means that it’s a popular destination for people to visit.
What type of housing is available in Key Largo?
There is a lot of variety in the housing and neighborhoods. In Key Largo, you can find mansions, condos, apartments, cottages, traditional housing, and any other housing options you can imagine. It’s a vibrant community, and you’ll be able to find the right neighborhood for you based on your preferences.
What is the Upper Keys?
The Upper Keys is comprised of Key Largo and Islamorada. If you live in Key Largo, you’re going to hear a lot about Islamorada. It’s the neighboring town, and you’ll probably spend a decent amount of time there. It’s a good place to go for restaurants, the arts, and other entertainment options, and it’s a town you’ll get to know well ...
Is it stressful to move to Key Largo?
Relocating can be stressful, especially if you’re unfamiliar with the area. If you’re moving to Key Largo from another part of the country, you’ll discover that we live differently here.
Is Key Largo a good place to live?
Key Largo is a special place. It’s seemingly impossible to be bored here, as this Upper Keys island has so much to offer. Even though the community is welcoming, it can still be nerve-wracking to move to a new environment, and it can take a while to learn about the local way of life.
Where to live in Florida Keys?
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.
Where are the Keys in Miami?
There are generally 3 major areas to consider, starting from the north just outside of Miami – the Upper Keys, Middle Keys, and Lower Keys. Here is a full list of each area along with the communities in each:
How far away are the Florida Keys from Miami?
The Florida Keys are technically an archipelago that starts about 15 miles away from Miami and drifts towards the southwest for over 100 miles, coming as close as 90 miles to Cuba.
Why are the Keys so popular?
The Keys have remained a popular destination for vacationers as well as families and retirees due to its slow and relaxing lifestyle that is directly on the water.
How much does a little torch key cost?
Little Torch Key, Florida: Little Torch Key in the Lower Keys offers a handful of manufactured homes for around $200,000 to $220,000.
How to reduce housing costs?
Find a Roommate – One way to slash your housing costs is to consider living with a roommate in the Keys. You can reduce your costs in half while still living in paradise. You may not even need to make so many sacrifices if you find a house or apartment that has separate bedrooms with their own bathrooms en-suite.
Is Poinciana Plaza a good place to live in Key West?
There is even a Publix in this neighborhood. Therefore, it is probably the best area for cheap living in Key West.
What are the benefits of living in the Florida Keys?
The sunsets in the Florida Keys are incredible. 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.
Why do people live in the Florida Keys?
7. The Florida Keys are a transient place. Most of the people who start living in the Florida Keys do so because they are in a transitory place in their life. People tend to come and go here a lot, which means it can be a challenge to form lasting friendships.
How many islands are there in the Florida Keys?
Life moves at a much slower pace in the Florida Keys. There are over 1,700 islands in the chain, but not all of them are inhabitable. Some are almost completely inaccessible. This isolation works to create a different pace of life for the people who call the Florida Keys home.
What is the graduation rate in Florida Keys?
Schools in the Florida Keys offer a low student-teacher ratio. The graduation rate found in the schools of the Florida Keys are about average at 79%. Several other factors are also in the average range for the county’s school district.
What are the plants and animals that live in the Florida Keys?
Many of the plant and animal species that you will find in the Florida Keys are found nowhere else in the United States. Coconut palm trees grow everywhere there, along with certain maples and pines. The Key Deer has a refuge to protect it, while the American crocodile wanders around at the northernmost point of its territory.
What is the city of Key West?
The city of Key West contains over 30% of the entire population of the island chain. Unlike the other islands that exist in the Caribbean region, the keys are built from animals and plants through coral creation. There are upland forests, shoreline areas, and inland wetlands to experience when living here.
When is the rainy season in Florida Keys?
1. It is going to rain a lot during the late summer.#N#The rainy season in the Florida Keys runs from August to September in most years, but it starts to pick up in June and can go late into October some years. You’ll have an average of 16 rainy days in September, but the number of monthly sunshine hours still remains about equal to what you would experience in the winter months. You’ll see about 6 inches of rain each month during the rainy season as well. If you don’t mind the weather a little bit during this time, then the warmer days that you’ll find here can be quite pleasant.
