Cost of Living in Nokomis, FL
Population 3,391 · Florida · Data vintage 2023
(100 = US avg)
The median resident in Nokomis is 57 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. An unemployment rate of 2.8% points to a labor market well on the tight side of the national distribution.
Geographically, Nokomis is about 45 miles northwest of Cape Coral, the nearest large metro. Median home values run roughly 34% lower than Cape Coral's $339,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Nokomis
The median home value in Nokomis is $225,100 — 26% below the national median of $305,000. Median rent runs $1,210/month, 8% lower than the national median of $1,314/month. The median household income of $41,333/year is 45% lower than the US median of $74,580. The local unemployment rate is 2.8%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Nokomis has a cost of living index of 81 versus the US average of 100, meaning it is 19% less expensive.
Nokomis has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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 Nokomis, FL?
Nokomis has a cost index of 81 (100 = national average). It is 19% below the national average.
What is average rent in Nokomis, FL?
The median gross rent in Nokomis is $1,210 per month based on 2023 Census data.
What is the average home price in Nokomis?
The median home value in Nokomis is $225,100 according to Zillow and Census data.
What is the median income in Nokomis?
The median household income in Nokomis is $41,333 per year (2023 ACS 5-year estimates).
What is the sales tax in Nokomis, FL?
The combined state and local sales tax rate in Nokomis is 7.0%. Florida has no state income tax.
Is Nokomis, FL affordable?
Yes, Nokomis is generally considered affordable, with a cost of living index of 81 — about 19% below the US national average of 100.
Nokomis at a Glance
- Population
- 3,391
- Median Income
- $41,333
- Home Value
- $225,100
- Median Rent
- $1,210/mo
- Unemployment
- 2.8%
- Sales Tax
- 7.0%
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Explore county-level cost of living data
Florida Rankings
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