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Cost of Living in Estero, FL

Population 37,858 · Census ACS 2020–2024 5-year estimates

Median rent$1,920
Median home value$461,900
Median household income$104,102

The median rent in Estero, FL is $1,920/month, 15% higher than the Florida median and 36% higher than the U.S. median. The median home value is $461,900, 39% higher than the national median. Households earn a median of $104,102 a year, 40% higher than the state median.

Affordability

Rent as a share of median income: 22.1%
Income needed for median rent (30% rule): $76,800/yr
Home price-to-income ratio: 4.4×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,336/mo

Run your own numbers: mortgage calculator · hourly to salary

Estero vs. Florida vs. U.S.

EsteroFloridaU.S.
Median rent$1,920$1,669$1,413
Median home value$461,900$359,000$332,700
Median household income$104,102$74,568$80,734
Homeownership rate86.0%67.6%65.2%
Bachelor's degree or higher50.8%34.1%35.7%
Poverty rate7.7%12.6%12.5%
Unemployment rate3.1%4.8%5.2%
Work from home23.2%15.7%15.1%
Median age66.042.638.9

FAQ

What is the average rent in Estero, FL?

The median gross rent in Estero, FL is $1,920 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Estero, FL?

Using the common 30% rule, renting a median-priced home takes about $76,800 a year in gross income.

Is Estero, FL expensive to live in?

Rent there is 36% higher than the U.S. median, and the median home costs about 4.4 times the median household income.

Other cities in Florida

Jacksonville, FLRent $1,465 · Income $69,872Miami, FLRent $1,758 · Income $62,462Tampa, FLRent $1,701 · Income $75,475Orlando, FLRent $1,747 · Income $72,336St. Petersburg, FLRent $1,663 · Income $75,192Port St. Lucie, FLRent $1,937 · Income $80,648

Cities with a similar cost of living

Thornton, CORent $1,895 · Income $103,088Weymouth Town, MARent $1,941 · Income $102,714Goodyear, AZRent $1,956 · Income $103,319Suwanee, GARent $1,885 · Income $103,260Sandy Springs, GARent $1,870 · Income $104,340Aloha, ORRent $1,896 · Income $101,934

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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