City Comparison

Fort Myers vs Hollywood

Cost of Living Comparison · 2026

Fort Myers

Florida
104
Average
$340,000
Median Home
$1,575/mo
Median Rent
$52,200
Median Income

Hollywood

Florida
111
Above Average
$424,000
Median Home
$1,725/mo
Median Rent
$60,300
Median Income

The Verdict

6.3%

Fort Myers is 6.3% less expensive than Hollywood overall. A household earning $75,000 in Fort Myers would need approximately $80,048 in Hollywood to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
112
Fort Myers
130
Hollywood
Groceries
104
Fort Myers
104
Hollywood
Utilities
101
Fort Myers
96
Hollywood
Transportation
103
Fort Myers
113
Hollywood
Healthcare
108
Fort Myers
96
Hollywood

Salary Equivalence

A $75,000 salary in Fort Myers has the same purchasing power as $80,048 in Hollywood.

Conversely, $75,000 in Hollywood equals $70,270 in Fort Myers.

Living in Fort Myers vs Hollywood

Housing Costs

Fort Myers's housing index of 112 is lower Hollywood's 130, translating to median home prices of $340,000 vs $424,000. The $84,000 difference in home prices means roughly $5,460 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,575/mo in Fort Myers compared to $1,725/mo in Hollywood, a monthly difference of $150.

Grocery & Food Costs

Grocery expenses index at 104 in Fort Myers and 104 in Hollywood. A household spending the national average of $475/month on groceries would pay approximately $494/month in Fort Myers vs $494/month in Hollywood. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 101 in Fort Myers and 96 in Hollywood. Monthly utility bills average approximately $404 in Fort Myers vs $384 in Hollywood. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 108 in Fort Myers and 96 in Hollywood. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 12-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $52,200 in Fort Myers and $60,300 in Hollywood. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $50,192 and $54,324 respectively. Hollywood residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,218/month to housing in Fort Myers vs $1,407/month in Hollywood. In Fort Myers, median rent of $1,575/mo exceeds this threshold, suggesting renters may feel stretched. In Hollywood, median rent of $1,725/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 18 index points — focus your budget analysis there.

Frequently Asked Questions

Fort Myers is 6.3% more affordable overall with an index of 104 vs 111.
A $75,000 salary in Fort Myers has equivalent purchasing power to approximately $80,048 in Hollywood, based on the cost of living difference.
Fort Myers's housing index is 112 with median homes at $340,000, while Hollywood's is 130 with median homes at $424,000.

Moving & Relocation Resources

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