Cost of Living in Big Coppitt Key, FL

Population 3,333 · Florida · Data vintage 2023

185
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in Big Coppitt Key run well above the national baseline, with a median of $591,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $104,306 place the city among the better-paid Florida metros.

Geographically, Big Coppitt Key lies roughly 120 miles southwest of the nearest major metro, Miami. Median home values run roughly 24% higher than Miami's $475,000.

Cost Overview

Housing 194
Rent 173

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Big Coppitt Key

The median home value in Big Coppitt Key is $590,700 — 94% above the national median of $305,000. Median rent runs $2,274/month, 73% higher than the national median of $1,314/month. The median household income of $104,306/year is 40% higher than the US median of $74,580. The local unemployment rate is 3.5%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 83.2°F and lows of 74.5°F. Overall, Big Coppitt Key has a cost of living index of 185 versus the US average of 100, meaning it is 85% more expensive.

🏠 Housing

Median Home Value
$590,700
94% above avg
Zillow Home Value
$400,402
Zillow ZHVI
Median Rent
$2,274/mo
73% above avg
Price-to-Rent Ratio
21.6x
Favors renting
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,085
1 BR
$1,181
2 BR
$1,427
3 BR
$1,797
4 BR
$2,099
Owner-occupied 61.6%
Renter-occupied 38.4%

💰 Estimated Monthly Budget

Rent median rent
$2,274
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,888/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
24.5 min
9% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
1.8%

Commute Mode

Drove alone
79.1%
Carpooled
17.4%
Work from home
1.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 7.0%
State rate 6.0%
Avg local rate 1.1%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$104,306
40% above avg
Per Capita Income
$47,095
Unemployment Rate
3.5%
28% below avg
Poverty Rate
7.1%
Labor Force Participation
74.5%

🎓 Education

Bachelor's degree+ 15.8%
Graduate degree 7.4%

👥 Demographics

Median Age 43.9
Male median age 47.1
Female median age 37.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
83.2°F
Avg Low
74.5°F
Annual Precip
43.6"
Annual Snowfall
0"
60° 68° 75° 83° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 757779838688909089858077
Low °F 666870737780818180787369
Precip" 2.151.511.412.363.444.914.285.548.085.712.341.89

Frequently Asked Questions

What is the cost of living in Big Coppitt Key, FL?

Big Coppitt Key has a cost index of 185 (100 = national average). It is 85% above the national average.

What is average rent in Big Coppitt Key, FL?

The median gross rent in Big Coppitt Key is $2,274 per month based on 2023 Census data.

What is the average home price in Big Coppitt Key?

The median home value in Big Coppitt Key is $590,700 according to Zillow and Census data.

What is the median income in Big Coppitt Key?

The median household income in Big Coppitt Key is $104,306 per year (2023 ACS 5-year estimates).

What is the sales tax in Big Coppitt Key, FL?

The combined state and local sales tax rate in Big Coppitt Key is 7.0%. Florida has no state income tax.

Is Big Coppitt Key, FL affordable?

Big Coppitt Key is above average in cost of living, with an index of 185 — about 85% higher than the national average.

What is the weather like in Big Coppitt Key?

Big Coppitt Key has average high temperatures of 83.2°F and average lows of 74.5°F. Annual precipitation is 43.6". Data from NOAA 1991–2020 Climate Normals.

Big Coppitt Key at a Glance

Population
3,333
Median Income
$104,306
Home Value
$590,700
Median Rent
$2,274/mo
Unemployment
3.5%
Avg High Temp
83.2°F
Sales Tax
7.0%
View all cities in Florida →
🗺️ County data for Florida

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs