City Comparison

Fort Myers vs Roanoke

Cost of Living Comparison · 2026

Fort Myers

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

Roanoke

Virginia
81
Very Affordable
$225,000
Median Home
$1,075/mo
Median Rent
$52,700
Median Income

The Verdict

28.4%

Roanoke is 28.4% less expensive than Fort Myers overall. A household earning $75,000 in Fort Myers would need approximately $58,413 in Roanoke to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
112
Fort Myers
57
Roanoke
Groceries
104
Fort Myers
97
Roanoke
Utilities
101
Fort Myers
116
Roanoke
Transportation
103
Fort Myers
98
Roanoke
Healthcare
108
Fort Myers
91
Roanoke

Salary Equivalence

A $75,000 salary in Fort Myers has the same purchasing power as $58,413 in Roanoke.

Conversely, $75,000 in Roanoke equals $96,296 in Fort Myers.

Living in Fort Myers vs Roanoke

Housing Costs

Fort Myers's housing index of 112 is higher Roanoke's 57, translating to median home prices of $340,000 vs $225,000. The $115,000 difference in home prices means roughly $7,476 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,575/mo in Fort Myers compared to $1,075/mo in Roanoke, a monthly difference of $500.

Grocery & Food Costs

Grocery expenses index at 104 in Fort Myers and 97 in Roanoke. A household spending the national average of $475/month on groceries would pay approximately $494/month in Fort Myers vs $461/month in Roanoke. Roanoke offers a meaningful advantage on everyday food costs, saving roughly $396/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 101 in Fort Myers and 116 in Roanoke. Monthly utility bills average approximately $404 in Fort Myers vs $464 in Roanoke. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 108 in Fort Myers and 91 in Roanoke. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 17-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 $52,700 in Roanoke. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $50,192 and $65,062 respectively. Roanoke 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 $1,230/month in Roanoke. In Fort Myers, median rent of $1,575/mo exceeds this threshold, suggesting renters may feel stretched. In Roanoke, median rent of $1,075/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 55 index points — focus your budget analysis there.

Frequently Asked Questions

Roanoke is 28.4% more affordable overall with an index of 81 vs 104.
A $75,000 salary in Fort Myers has equivalent purchasing power to approximately $58,413 in Roanoke, based on the cost of living difference.
Fort Myers's housing index is 112 with median homes at $340,000, while Roanoke's is 57 with median homes at $225,000.

Moving & Relocation Resources

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