Cost of Living in Key Colony Beach, FL 2025
42%
|
Higher Than National Avg.
1,978%
|
Higher Than State Avg.
Key Colony Beach's 2025 cost of living is $3503 per month for singles and $7714 per month for families of four.
Living costs in Key Colony Beach are 42% higher than the U.S. national average and 1,978% higher than Florida's state average.
This reflects a 3% increase from 2024.
The primary drivers of Key Colony Beach's cost of living are soaring housing costs, elevated transportation expenses, and rising food prices.
See how Key Colony Beach's cost of living affects your budget or salary needs with Salary.com's free Cost of Living Calculator.
Cost of Living Calculator
How does Key Colony Beach's cost of living compare to the national average in 2025?
Living in Key Colony Beach is more expensive than the national average,
with housing costs 23.4 % higher at $1480
per month for a single person and $2714 per month for a family of four.
Food expenses run 5.0 %
above average at $420
monthly for an individual and $1365 for a family,
while energy, transportation and healthcare costs are 6.9 % higher at about $935 per month
for one person and $2109 for a household.
These costs bring the total monthly expenses to $2835
for a single person and $6188 for a family of four,
making Key Colony Beach one of America's most expensive cities.
| Expense Category | Average Monthly Expense Single Person | Average Monthly Expense Family of Four | Key Colony Beach compare to: U.S. Average |
|---|---|---|---|
|
1480 | 2714 |
|
|
420 | 1365 |
|
|
153 | 263 |
|
|
443 | 941 |
|
|
339 | 905 |
|
How does the cost of living compare when moving from other major cities to Key Colony Beach?
Key Colony Beach's 2025 cost of living is 34% lower than San Francisco,
1% less than Washington, 17% above Miami
, 21% higher than Chicago, 8% less than Boston
, and 24% below New York.
Essential for evaluating relocation costs and salary needs in Key Colony Beach.
| Move From | Move To | Cost of Living Comparison |
|---|---|---|
| San Francisco, CA | Key Colony Beach |
|
| Washington, DC | Key Colony Beach |
|
| Miami, FL | Key Colony Beach |
|
| Chicago, IL | Key Colony Beach |
|
| Boston, MA | Key Colony Beach |
|
| New York, NY | Key Colony Beach |
|
| Dallas, TX | Key Colony Beach |
|
About Key Colony Beach, FL
Key Colony Beach is a municipality in the middle of the Florida Keys, Monroe County, Florida, United States. The population was 788 at the 2000 census. As of 2004, the population estimated by the U.S. Census Bureau was 852.
Key Colony Beach is located at 24°43′28″N 81°1′5″W / 24.72444°N 81.01806°W / 24.72444; -81.01806 (24.724515, -81.017928). Most of the city is located on an island formerly known as Shelter Key; a small part of the city is on Fat Deer Key, where the Sadowski Causeway (also 131st St Ocean on the Marathon street grid), which is the only road entering the city, connects to ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Comments about the cost of living in Key Colony Beach, FL
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. Florida is also very tax-friendly for retirees with no taxes on retirement or pension benefits.
Florida does, however, have a statewide 6% sales tax. Many items are excluded from this sales tax including food, medical supplies, and farm production supplies. Property taxes are close to the national average.
(
2025-07-24
salary.com
)
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. Affordability is generally measured by the rates set for insurance coverage in a state, as well as the out-of-pocket expenses that need to be paid by you when receiving the care. If rates or out-of-pocket expenses are high, your cost of living will increase. Access to healthcare is how easy or difficult it may be to receive the care. Access is measured by identifying barriers that might prevent the delivery of care such as the inability to obtain insurance coverage, having to travel long distances to health care centers and lack of sufficient facilities and/or healthcare professionals. The timeliness of care, how fast you can get to see a healthcare provider, is another important measure.
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2025-07-24
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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. This could contribute to higher energy costs during the summer based on your thermostat setting and preference for a cool indoor climate. A hot summer is usually followed by cooler temperatures during the winter months when heating expenses may be low. Because the cost of living is linked to energy costs, expect an increase in those costs during the summer months if you live in Florida. (
2025-07-24
salary.com
)
Cost of Living Frequently Asked Questions
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. A COL index may be used to measure what the cost difference would be for a person living in a certain location compared to another location. This cost of living comparison helps individuals make decisions about where they would like to live and what they can afford based on the costs in that location. A cost of living comparison can provide guidance about how an increase or decrease in these basic living expenses impacts necessary spending for an individual or a family.
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2025-07-24
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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. Obviously, there may be other factors that could contribute to your particular cost of living situation and not everyone has the same spending habits. For example, education and/or childcare costs might not apply to everyone, but for those who have those expenses, they could be significant and should be considered when you evaluate your cost of living comparison.
(
2025-07-24
salary.com
)
The Salary.com cost of living calculator is unique in that it also incorporates current salary data for thousands of jobs specific to a chosen home or work location to provide a more refined estimate of the cost of living variations. You can see how your job and your salary will be impacted by a change of location. If you live in one location but work in another, the cost of living calculator will make those adjustments to provide an accurate estimate of the change in COL. The Salary.com cost of living calculator helps you to make cost of living comparisons cost comparisons easily and quickly.
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2025-07-24
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See how much you can get when it is an hourly pay
Use our Salary Converter Tool, a user-friendly resource designed to see how much your salary will be if converted into hourly/weekly/biweekly/monthly/yearly pay. With just a few clicks, you can gain valuable insights into your earning potential, ensuring you make informed financial decisions.
See how much you can get when it is a yearly pay
Use our Salary Converter Tool, a user-friendly resource designed to see how much your salary will be if converted into hourly/weekly/biweekly/monthly/yearly pay. With just a few clicks, you can gain valuable insights into your earning potential, ensuring you make informed financial decisions.
Last Update: 2025-07-24