Cost of Living in Iona, FL
Population 14,290 · Florida · Data vintage 2023
(100 = US avg)
The median resident in Iona is 68 years old, well past the national midpoint, giving the city the retail and service mix of a retirement-dominant market. Household-income figures here read differently than in working-age cities: retirement and investment income weigh heavily in the totals. The labor market has been unusually tight, with unemployment around 2.5% — below most comparable cities in the state.
Geographically, Iona sits roughly 9 miles south of Cape Coral. Median home values run roughly 13% lower than Cape Coral's $339,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Iona
The median home value in Iona is $295,700 — 3% below the national median of $305,000. Median rent runs $1,908/month, 45% higher than the national median of $1,314/month. The median household income of $66,143/year is 11% lower than the US median of $74,580. The local unemployment rate is 2.5%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Iona has a cost of living index of 116 versus the US average of 100, meaning it is 16% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Iona, FL?
Iona has a cost index of 116 (100 = national average). It is 16% above the national average.
What is average rent in Iona, FL?
The median gross rent in Iona is $1,908 per month based on 2023 Census data.
What is the average home price in Iona?
The median home value in Iona is $295,700 according to Zillow and Census data.
What is the median income in Iona?
The median household income in Iona is $66,143 per year (2023 ACS 5-year estimates).
What is the sales tax in Iona, FL?
The combined state and local sales tax rate in Iona is 7.0%. Florida has no state income tax.
Is Iona, FL affordable?
Iona is above average in cost of living, with an index of 116 — about 16% higher than the national average.
Iona at a Glance
- Population
- 14,290
- Median Income
- $66,143
- Home Value
- $295,700
- Median Rent
- $1,908/mo
- Unemployment
- 2.5%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Florida Rankings
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