Are you considering a move to Key West, Florida, United States, and wondering about the cost of living? Key West, Florida is a diverse city with a lot to offer, but like any city, it comes with its own set of expenses. In this page, we'll break down the cost of living in Key West, Florida and help you understand whether $5271 per month is moderately priced, given the average monthly salary of $4777.56.
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Restaurants |
Price |
World Range |
|---|---|---|
|
Meal, Inexpensive Restaurant |
27.0 $ |
|
|
Meal for 2 People, Mid-range Restaurant, Three-course |
150.0 $ |
|
|
McMeal at McDonalds (or Equivalent Combo Meal) |
12.0 $ |
|
|
Domestic Beer (1 pint draught) |
6.0 $ |
|
|
Imported Beer (12 oz small bottle) |
7.5 $ |
|
|
Cappuccino (regular) |
4.85 $ |
|
|
Coke/Pepsi (12 oz small bottle) |
2.59 $ |
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|
Water (12 oz small bottle) |
2.5 $ |
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Markets |
Price |
World Range |
|---|---|---|
|
Milk (regular), (1 gallon) |
1.64 $ |
|
|
Loaf of Fresh White Bread (1 lb) |
3.31 $ |
|
|
Rice (white), (1 lb) |
5.51 $ |
|
|
Eggs (regular) (12) |
6.0 $ |
|
|
Local Cheese (1 lb) |
36.38 $ |
|
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Chicken Fillets (1 lb) |
13.6 $ |
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Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
17.27 $ |
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Apples (1 lb) |
7.61 $ |
|
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Banana (1 lb) |
2.58 $ |
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Oranges (1 lb) |
4.41 $ |
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Tomato (1 lb) |
7.43 $ |
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|
Potato (1 lb) |
7.72 $ |
|
|
Onion (1 lb) |
8.82 $ |
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|
Lettuce (1 head) |
1.5 $ |
|
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Water (1.5 liter bottle) |
3.0 $ |
|
|
Bottle of Wine (Mid-Range) |
23.0 $ |
|
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Domestic Beer (0.5 liter bottle) |
2.58 $ |
|
|
Imported Beer (12 oz small bottle) |
4.33 $ |
|
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Cigarettes 20 Pack (Marlboro) |
9.49 $ |
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Transportation |
Price |
World Range |
|---|---|---|
|
One-way Ticket (Local Transport) |
2.5 $ |
|
|
Monthly Pass (Regular Price) |
56.5 $ |
|
|
Taxi Start (Normal Tariff) |
1.95 $ |
|
|
Taxi 1 mile (Normal Tariff) |
0.93 $ |
|
|
Taxi 1hour Waiting (Normal Tariff) |
20.0 $ |
|
|
Gasoline (1 gallon) |
0.87 $ |
|
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
34000.0 $ |
|
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
25000.0 $ |
|
|
Utilities (Monthly) |
Price |
World Range |
|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
294.63 $ |
|
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
-- |
|
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
62.8 $ |
|
|
Sports And Leisure |
Price |
World Range |
|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
100.0 $ |
|
|
Tennis Court Rent (1 Hour on Weekend) |
-- |
|
|
Cinema, International Release, 1 Seat |
13.45 $ |
|
|
Childcare |
Price |
World Range |
|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
750.0 $ |
|
|
International Primary School, Yearly for 1 Child |
14400.0 $ |
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Clothing And Shoes |
Price |
World Range |
|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
57.5 $ |
|
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
42.5 $ |
|
|
1 Pair of Nike Running Shoes (Mid-Range) |
118.5 $ |
|
|
1 Pair of Men Leather Business Shoes |
175.0 $ |
|
|
Rent Per Month |
Price |
World Range |
|---|---|---|
|
Apartment (1 bedroom) in City Centre |
2800.0 $ |
|
|
Apartment (1 bedroom) Outside of Centre |
2400.0 $ |
|
|
Apartment (3 bedrooms) in City Centre |
5000.0 $ |
|
|
Apartment (3 bedrooms) Outside of Centre |
3400.0 $ |
|
|
Buy Apartment Price |
Price |
World Range |
|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
8498.11 $ |
|
|
Price per Square Feet to Buy Apartment Outside of Centre |
5769.46 $ |
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Salaries And Financing |
Price |
World Range |
|---|---|---|
|
Average Monthly Net Salary (After Tax) |
4777.56 $ |
|
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
6.7 % |
|
The monthly expenses for living in Key West, Florida come to a total of approximately $5271. This includes an average monthly rent of around $2800 for a one-bedroom apartment in the city center, along with utilities costing about $326 per month. Additionally, other expenses such as groceries, transportation, dining out, and leisure activities for one person amount to approximately $1327 per month.
Living in Key West, Florida appears to be relatively budget-friendly when considering the average monthly income of $4777.56. However, to enjoy a comfortable standard of living in Key West, Florida, you would likely need an income exceeding $4777.56.
In Key West, Florida, the average monthly post-tax salary hovers around $4777.56, and it isn't tied to any particular skillset or qualification.
The typical monthly rent for a one-bedroom apartment in the central area of Key West, Florida is approximately $2800. If you're open to living in a location outside the city center, you can expect to pay around $2400.0 for such an apartment.
The expense for groceries in Key West, Florida can fluctuate based on personal choices and shopping patterns. Typically, an individual can budget around $1155 per month for groceries. Nevertheless, the actual costs may change depending on various factors, including the specific items bought, the choice of stores, and the availability of discounts or special offers.
The cost of living in United States can vary significantly depending on the particular city you have in mind. Using a nationwide average might not provide accurate information. To get a more precise understanding, it's crucial to examine the cost of living in various cities throughout United States.
We've got to go with a medium risk just because there are a lot of drunk people here and it seems like the weather is drunk sometimes too. Crime rates are comfortably low, but high enough to keep you attentive. You've got a small island area with just one road out (unless you are a STRONG swimmer) and thousands of people a day during peak travel times.
Taxis and rideshares are legal and regulated in Key West, so there's a low risk. If you want a taxi from the airport, book one ahead of time through the TaxiASAP app. This is a very walkable community. It's very flat too—the highest point is 18 feet above sea level. Getting a rental car is a good idea if you want to explore other keys, but if you are staying in Key West, save money and use a bike or walk. Parking can be more of a pain than a convenience. There are only 56 taxis allowed in Key West at any given time.
Looking at crime numbers based on the population of Key West, which is about 26,000, there is a one in 75 chance of being a theft victim. This is medium risk. Add in the tourists and that number goes down exponentially, but the risk also goes up as more tourists mean more chances for thieves to find people not paying attention to their belongings. You know better, right?
Most days are tropically perfect, but when it gets bad, it gets worse here. Hurricane threats can cause evacuations down the Florida Keys. Hurricane Season runs from June 1- November 30. Hurricane Irma devastated Key West in 2017. Storms can kick up at Key West with lots of dangerous lightning and the occasional waterspout or tornado. Due to the possible big threats, we'll call it a medium risk, but there's a good chance your trip will have a risk lower than sea level.
There's a one in 1555 chance of being a robbery victim. This is a low risk. You still need to keep your hotel room locked, put precious items in the safe, and keep your wits about you, especially if you end up drinking and enjoying the nightlife.
There's a low terrorism risk here. There are no hard targets and it's so far from the U.S. mainland that even an attack in southern Florida wouldn't impact Key West, aside from a possible travel disruption or road closure. Even then, there are worse places to be stuck in than Key West.
The biggest scams in Key West are rental scams. This is where someone posts what looks like a legit rental listing, takes your money, and when you arrive there's no home and nobody answering your calls. Don't fall for this. Make sure the rental is legit by checking with registered rental companies. If a deal is too good to be true, don't take it. It's going to cost a lot to stay in a Key West rental and there just aren't bargain-basement values out there. Also, even if someone does offer a room to rent on a legitimate website, it's against the law. Key West residents can't rent out a room in their homes. It's buyer beware for any traveler who takes this risk. All that said, it's medium risk. There's a shopping scam you need to know about, and we'll dive into that in a little bit.
Women, for the most part, are safe in Key West if they use basic common sense. Don't take a drink from a stranger. Don't drink so much you can't safely walk or bike back to the hotel. Don't go down dark alleys, etc. Key West is like a year-round spring break. Rape numbers have been on the rise since 2017 with 23 reported in 2020. We're going to give it a medium risk just because we want you to be hyper-vigilant.
Key West's water comes 130 miles from the mainland and a lot can go wrong along the route. On an average day, there's a low risk in the tap water and it meets state and federal standards. Storms, hurricanes, sewage leaks, and water quality at the source can all impact tap water. The Florida Keys Aquaduct Authority is quick to issue a warning or boil order if something goes wrong. If a storm is brewing, it's good to stock up on bottled water just in case.
The Visa or Passport requirements are taken care of on your cruise ship or at the airport. Bring a legal ID with you everywhere if you plan on drinking. The drinking age is 21 in Florida.
You'll only need U.S. Dollar currency here. There are about 20 banks in the Key West area if you need cash or to transfer money. It's wise to let your home bank know you're going on vacation to Key West, so a fraud alert isn't issued when you start spending money.
Key West has two unofficial seasons—beautiful and sweaty. In winter, the temperatures don't usually drop below the mid-60s and highs are a nice mid-70s. Summers are oppressively hot and humid. Bring plenty of loose light-colored clothing. You'll be sweating a lot. August - October are the rainiest months, and during the summer there's a good chance for some kind of rain daily, so bring a raincoat.
There is an airport right in Key West. There are three main ways people get to the key, and the airport is the second most popular. Nearly a million visitors arrive by cruise ship. There is also a ferry from Fort Myers. The Miami Airport is about 3 hours northeast of Key West.
Rough seas, storms, pandemics, hurricanes, and ripple effects of weather across the country can all impact travel to Key West, so you'll want to get travel insurance so you don't lose money.
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 74°F | 76°F | 78°F | 81°F | 84°F | 87°F | 89°F | 89°F | 87°F | 84°F | 80°F | 76°F |
| Temp | 69°F | 71°F | 73°F | 77°F | 80°F | 83°F | 85°F | 85°F | 83°F | 80°F | 76°F | 72°F |
| Low | 66°F | 67°F | 70°F | 73°F | 77°F | 80°F | 81°F | 81°F | 80°F | 77°F | 72°F | 68°F |
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 23°C | 24°C | 25°C | 27°C | 28°C | 30°C | 31°C | 31°C | 30°C | 28°C | 26°C | 24°C |
| Temp | 20°C | 21°C | 22°C | 25°C | 26°C | 28°C | 29°C | 29°C | 28°C | 26°C | 24°C | 22°C |
| Low | 18°C | 19°C | 21°C | 22°C | 25°C | 26°C | 27°C | 27°C | 26°C | 25°C | 22°C | 20°C |