City Comparison

Fort Myers vs Tempe

Cost of Living Comparison · 2026

Fort Myers

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

Tempe

Arizona
106
Above Average
$400,000
Median Home
$1,600/mo
Median Rent
$56,068
Median Income

The Verdict

1.9%

The cost gap between these cities is 1.9%, with Fort Myers being the more affordable option. A $75,000 income in Fort Myers has equivalent purchasing power to $76,442 in Tempe.

Category-by-Category Breakdown

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

Housing
112
Fort Myers
114
Tempe
Groceries
104
Fort Myers
100
Tempe
Utilities
101
Fort Myers
96
Tempe
Transportation
103
Fort Myers
103
Tempe
Healthcare
108
Fort Myers
95
Tempe

Salary Equivalence

A $75,000 salary in Fort Myers has the same purchasing power as $76,442 in Tempe.

Conversely, $75,000 in Tempe equals $73,585 in Fort Myers.

Living in Fort Myers vs Tempe

Housing Costs

Fort Myers's housing index of 112 is lower Tempe's 114, translating to median home prices of $340,000 vs $400,000. The $60,000 difference in home prices means roughly $3,900 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,575/mo in Fort Myers compared to $1,600/mo in Tempe, a monthly difference of $25.

Grocery & Food Costs

Grocery expenses index at 104 in Fort Myers and 100 in Tempe. A household spending the national average of $475/month on groceries would pay approximately $494/month in Fort Myers vs $475/month in Tempe. 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 Tempe. Monthly utility bills average approximately $404 in Fort Myers vs $384 in Tempe. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 108 in Fort Myers and 95 in Tempe. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 13-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 $56,068 in Tempe. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $50,192 and $52,894 respectively. Tempe 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 $1,308/month in Tempe. In Fort Myers, median rent of $1,575/mo exceeds this threshold, suggesting renters may feel stretched. In Tempe, median rent of $1,600/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Healthcare, where the gap is 13 index points — focus your budget analysis there.

Frequently Asked Questions

Fort Myers is 1.9% more affordable overall with an index of 104 vs 106.
A $75,000 salary in Fort Myers has equivalent purchasing power to approximately $76,442 in Tempe, based on the cost of living difference.
Fort Myers's housing index is 112 with median homes at $340,000, while Tempe's is 114 with median homes at $400,000.

Moving & Relocation Resources

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