Cost of Living in Pelican Bay, FL

Population 6,575 · Florida · Data vintage 2023

395
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Pelican Bay sits 295% above the national median — $1.2 million for the typical home — but median household incomes near $159,187 (113% above the US figure) soften the blow that similar pricing creates in lower-wage metros. At 8.3%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Pelican Bay is about 30 miles southwest of Lehigh Acres, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 358% higher than Lehigh Acres' $263,000.

Cost Overview

Housing 395

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

About the Cost of Living in Pelican Bay

The median home value in Pelican Bay is $1,206,200 — 295% above the national median of $305,000. The median household income of $159,187/year is 113% higher than the US median of $74,580. The local unemployment rate is 8.3%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 84.1°F and lows of 67.0°F. Overall, Pelican Bay has a cost of living index of 395 versus the US average of 100, meaning it is 295% more expensive.

🏠 Housing

Median Home Value
$1,206,200
295% above avg
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 94.7%
Renter-occupied 5.3%

🛒 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
19.7 min
27% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
49.2%

Commute Mode

Drove alone
41.7%
Carpooled
4.9%
Bicycle
3.2%
Work from home
49.2%

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
$159,187
113% above avg
Per Capita Income
$153,169
Unemployment Rate
8.3%
72% above avg
Poverty Rate
6.2%
Labor Force Participation
21.7%

🎓 Education

Bachelor's degree+ 38.6%
Graduate degree 35.7%

👥 Demographics

Median Age 73.8
Male median age 74.6
Female median age 73.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
84.1°F
Avg Low
67.0°F
Annual Precip
49.5"
Annual Snowfall
0"
50° 63° 75° 88° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 757780848890919190878177
Low °F 565861667074767675716359
Precip" 1.681.401.882.522.767.417.778.898.603.931.391.32

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
71.9%
Good air days/yr
144
Max AQI recorded
259
PM2.5 days
101
Ozone days

Frequently Asked Questions

What is the cost of living in Pelican Bay, FL?

Pelican Bay has a cost index of 395 (100 = national average). It is 295% above the national average.

What is the average home price in Pelican Bay?

The median home value in Pelican Bay is $1,206,200 according to 2023 Census ACS data.

What is the median income in Pelican Bay?

The median household income in Pelican Bay is $159,187 per year (2023 ACS 5-year estimates).

What is the sales tax in Pelican Bay, FL?

The combined state and local sales tax rate in Pelican Bay is 7.0%. Florida has no state income tax.

Is Pelican Bay, FL affordable?

Pelican Bay is above average in cost of living, with an index of 395 — about 295% higher than the national average.

What is the weather like in Pelican Bay?

Pelican Bay has average high temperatures of 84.1°F and average lows of 67.0°F. Annual precipitation is 49.5". Data from NOAA 1991–2020 Climate Normals.

Pelican Bay at a Glance

Population
6,575
Median Income
$159,187
Home Value
$1,206,200
Unemployment
8.3%
Avg High Temp
84.1°F
Sales Tax
7.0%
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Explore county-level cost of living data

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