Cost of Living in Nokomis, FL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

91.2

100 = national avg

-8.8 vs national average

Living Wage (1 Adult)

$40,112

per year

Living Wage (Family of 4)

$94,809

per year

Cost Index by Category

Housing
120.4
Food
81.6
Transportation
63.2
Healthcare
85.3
Utilities
93.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,686

per month

2 Bedroom

$1,958

per month

The overall cost of living index in Nokomis is 91.2, which is 8.8% below the national average. Housing costs are above the national average at an index of 120.4. A single adult needs to earn approximately $40,112 per year to cover basic expenses.