Cost of living and prices in Key West, prices of food, rent, shopping, etc. 🇺🇸
Updated Jul 2023

Discover the vibrant city of Key West, located in Northern America and boasting a unique island atmosphere. Situated at an elevation of 2 meters above sea level, this popular destination is known for its stunning beaches and breathtaking sunsets.

As a popular tourist spot, Key West enjoys a diverse blend of cultures and a thriving economy. From world-class restaurants to boutique shopping, you'll find plenty to explore and enjoy. With a population of 22,682 people, Key West is a cozy community that offers a relaxed pace of life and plenty of recreational opportunities.

When it comes to cost of living comparisons, Key West can be slightly more expensive than other cities in the United States. However, with its warm climate, laid-back lifestyle, and scenic beauty, residents find that the benefits of living in Key West far outweigh any additional costs.

If you're looking for a tropical paradise that offers a unique lifestyle, consider Key West for your next move. With plenty of options for entertainment, dining, and outdoor activities, this charming city on the coast is the perfect choice for those seeking a change of pace.

Cost of Living Estimate in Key West

Total cost of living in Key West for two person with average consumption for one month will be 1525.16 USD, no rent price included. Click here to calculate cost-of-living estimate in Key West

You can calculate cost of living in Key West by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

Key West offers a diverse range of dining options, catering to all kinds of preferences. Visitors looking for fresh, locally caught seafood won't need to look far. From casual, waterfront seafood shacks serving fish tacos and locally sourced oysters to high-end, fine-dining restaurants with a plethora of seafood dishes and sushi, Key West has got it all. Apart from seafood, visitors can also find Caribbean-infused flavors, island-style barbecue, Cuban-inspired dishes, and Mediterranean feasts. There are plenty of vegan and gluten-free options as well, making it easy for people with dietary restrictions to find something satisfying. With the vibrant nightlife of Duval Street, visitors can also take advantage of late-night dining options, such as Cuban coffee shops and 24-hour diners.

For visitors wanting to immerse themselves in Key West's unique cultural heritage, there are plenty of opportunities to try out local specialties. Key lime pie, for one, is an iconic dessert that can be found in almost every restaurant in the city. It is a tart and tangy dish, made with a graham cracker crust, key lime juice, and whipped cream. Other local specialties include conch fritters, made with locally harvested conch meat, and Cuban sandwiches, a hearty sandwich loaded with ham, roasted pork, Swiss cheese, pickles, and mustard. Visitors can also try out drinks such as rum runners, mojitos, and margaritas, made with locally produced rums and fresh ingredients.

Meal in Inexpensive Restaurant
22.50 $
Meal for 2 People, Mid-range Restaurant, Three-course
50.00 $
McMeal at McDonalds or Alternative Combo Meal
8.00 $
Domestic Beer, 0.5 liter Draught
5.00 $
Imported Beer, 0.33 liter Bottle
7.00 $
Cappuccino
3.65 $
Coca-Cola, 0.33 liter Bottle
3.00 $

Markets prices

Market prices in Key West, United States can be quite expensive due to the high demand for certain goods and services. The city is a tourist hotspot that attracts millions of visitors every year who are willing to pay a premium for the unique experience that Key West offers. From restaurants to hotels, everything tends to be a bit pricier in this tropical paradise. However, there are also plenty of local options available that offer lower prices without sacrificing quality.

One of the reasons that market prices are higher in Key West is due to the island's remote location. Many products must be shipped in, which contributes to the higher cost of goods. Additionally, the limited space on the island means that real estate is also in high demand, leading to higher prices for homes and rental properties. Nevertheless, most visitors find that the experience of being in Key West is worth the extra cost. The city is known for its vibrant culture, stunning beaches, and laid-back lifestyle that make it a one-of-a-kind destination.

Water, 0.33 liter Bottle
1.44 $
Milk, Regular,1 liter
1.12 $
Loaf of Fresh White Bread, 0.5 kg
4.65 $
White Rice, 1 kg
4.78 $
Eggs, 12 pack
3.41 $
Local Cheese, 1 kg
12.27 $
Chicken Breasts, Boneless and Skinless, 1 kg
15.21 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
16.82 $
Apples, 1 kg
5.50 $
Banana, 1 kg
1.89 $
Oranges, 1 kg
4.15 $
Tomato, 1 kg
6.97 $
Potato, 1 kg
3.08 $
Onion, 1 kg
4.70 $
Lettuce, 1 head
2.65 $
Water, 1.5 liter Bottle
1.58 $
Bottle of Wine, Mid-Range Price
23.00 $
Domestic Beer, 0.5 liter Bottle
1.82 $
Imported Beer, 0.33 liter Bottle
2.67 $
Pack of Cigarettes
9.49 $

Transportation prices

Key West, located in the Florida Keys, offers visitors a variety of transportation options to get around the small island. Travelers can rent a bike or scooter to explore the area at their own pace. This is a great option for those who want to avoid traffic and experience the beautiful scenery of the island. For those who prefer a more traditional method of transportation, there are hop-on-hop-off trolleys that take visitors to popular tourist spots, as well as taxis and rideshare services like Uber and Lyft. Additionally, there are many walkable areas in Key West, making it easy to explore on foot.

One unique transportation option in Key West is the Conch Train. This open-air trolley takes visitors on a 90-minute tour through the city, with stops at popular attractions like the Hemingway House and Mallory Square. The tour includes a narration of the island's history and culture, making it a great way to learn more about Key West. Another fun option is the Key West Express, a high-speed catamaran that takes travelers from the mainland of Florida to Key West in just a few hours. This mode of transportation provides stunning ocean views and is a great way to enjoy the Florida sunshine. Overall, Key West offers a variety of transportation options that cater to different travel styles and preferences.

One-way Ticket, Local Transport
2.50 $
Monthly Pass, Regular Price
75.00 $
Taxi Start, Normal Tariff
2.00 $
Taxi, price for 1 km, Normal Tariff
2.49 $
Taxi, price for 1 hour Waiting, Normal Tariff
25.00 $
Gasoline, 1 liter
0.60 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
25,500.00 $

Utilities Per Month prices

If you're planning a trip to Key West, United States, it's important to understand the utilities cost. The sunny paradise has high electricity and water costs, so you may want to prepare accordingly. Visitors can find ways to be more energy conscious and environmentally friendly by using less air conditioning, taking shorter showers or choosing more sustainable accommodations.

In addition, the cost of gas in Key West should also be considered when planning your trip. The island is remote, so expect to pay a bit more for gas and groceries than you might in other parts of Florida. While this can be a drawback for some, the stunning surroundings and local attractions make it an easy tradeoff. Visitors can opt for more eco-friendly modes of transportation like bike rentals or walking to save on fuel costs and get some exercise.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
186.67 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.33 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
59.17 $

Sports And Leisure prices

Key West, United States is a paradise for sports and leisure enthusiasts. Thanks to its location at the southernmost point of the Florida Keys, the island boasts a diverse range of water-based activities, including snorkeling, scuba diving, kayaking, and paddleboarding. The crystal-clear waters surrounding Key West offer a chance to see an abundance of marine life, such as colorful tropical fish, sea turtles, and even dolphins.

If you'd like to take a break from the water, there's still plenty of outdoor activities on land. Visitors can go on bike tours to explore the historic district of Key West while getting in some exercise. The island also offers hiking trails, golf courses, and tennis courts, along with options for fishing charters and sunset cruises. And for those who prefer a more laidback approach to leisure, taking a stroll along the famous Duval Street or relaxing on one of the island's white sand beaches are equally enjoyable ways to soak up the island's charm.

Fitness Club, Monthly Fee for 1 Adult
55.80 $
Tennis Court Rent, 1 Hour on Weekend
5.00 $

Salaries And Financing prices

If you're planning a trip to Key West, you may be wondering about the cost of living and salaries in the area. Generally speaking, salaries in Key West tend to be lower than in other parts of Florida. This is because the cost of living is quite high, particularly when it comes to housing. However, despite the lower salaries, many residents of Key West are able to live comfortably thanks to the thriving tourism industry. Whether you're interested in working in hospitality, retail, or another area of the local economy, you're likely to find opportunities in Key West.

When it comes to financing in Key West, it's important to be aware of the unique challenges and opportunities presented by the area's economy. In addition to the high cost of living, many residents of Key West also face challenges accessing financial services like loans and credit cards. This is because many financial institutions view the area as high-risk due to its reliance on tourism and seasonal employment. However, there are also many resources available to help people manage their finances in Key West, from local credit unions to community financial planning services. Whether you're a resident or a visitor, it's wise to do your research and plan ahead when it comes to your finances in Key West.

Cinema ticket, 1 Seat
13.50 $
Average Monthly Net Salary, After Tax
3,179.17 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
2 %

Childcare prices

The cost of childcare in Key West, United States varies depending on the type of school or kindergarten you choose. There are a number of high-quality schools in the area that offer top-notch facilities and experienced staff to care for your child. These schools offer various programs and activities that are designed to enhance your child's education and development. However, the cost of attending a school can be quite high compared to other areas, so it's important to budget accordingly.

Kindergartens in Key West are a more affordable alternative to schools. Most of these institutions offer a range of programs that cater to various age groups. Their curriculums are designed to engage your child in fun and enjoyable activities that promote physical, cognitive, and social development. Kindergartens offer a more relaxed atmosphere than schools, which can be beneficial for some children. While the prices are generally lower than schools, it's important to do your research before committing to a kindergarten in Key West to ensure that your child gets the best possible care.

Private Preschool or Kindergarten, Monthly for 1 Child
566.67 $
International Primary School, Yearly for 1 Child
10,000.00 $

Clothing And Shoes prices

If you're on the hunt for some stylish clothing and shoes in Key West, there's no shortage of options! Whether you're looking for high-end designer labels or affordable, trendy pieces, you'll find plenty of stores to choose from. Many shops in Key West offer a unique selection of clothing and accessories that you won't find anywhere else, so be sure to explore different areas of the island to discover hidden gems. From chic boutiques to popular chain stores, there's something for everyone in this vibrant and eclectic shopping destination.

When it comes to footwear, Key West has a variety of shoe stores to suit different tastes and budgets. Whether you're in search of comfortable walking shoes for exploring the island or stylish heels for a night out, you're sure to find what you need. Many local shoe stores carry a range of brands, from well-known favorites to niche labels that offer something different. If you're looking for a unique pair of shoes or want to support a local business, considering checking out one of the many shoe stores in Key West.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
47.60 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
31.25 $
Pair of Running Shoes, Mid-Range Price
66.00 $
Pair of Leather Business Shoes
108.33 $

Rent Per Month prices

If you're planning a visit to the tropical paradise of Key West, there are a variety of short-term rental options available to suit any budget. From cozy studios to spacious condos and even luxurious villas, there's something for everyone. With so many choices, it's easy to find an option that fits your needs and budget.

For those looking for affordable short stays, there are plenty of budget-friendly guesthouses and vacation homes that offer comfortable and convenient accommodations without breaking the bank. And for those willing to splurge, there are high-end options like seaside villas with private pools and stunning views, making for an unforgettable stay in Key West. No matter which option you choose, you're sure to have a memorable time in this tropical paradise.

One bedroom apartment in city centre
2,181.25 $
One bedroom apartment outside of city centre
1,814.29 $
Three bedroom apartment in city centre
3,750.00 $
Three bedroom apartment outside of city centre
3,183.33 $

Buy Apartment prices

Key West is a hot spot for those looking to invest in real estate. The island offers a variety of buying options, from historic homes to modern condos. The cost of real estate is on the higher end, but it's a small price to pay for living in paradise. Buyers looking for a second home or a vacation rental will find many opportunities in Key West.

For those looking for a more permanent residence, single-family homes provide ample space for families. Buyers can choose from Victorian-style homes with wrap-around porches or modern, sleek properties with ocean views. Additionally, Key West offers a variety of condos for those looking for a low-maintenance lifestyle. Whether you're looking for a historic property or something more contemporary, Key West has a buying option for everyone.

Price per m2 to Buy Apartment in City Center
9,699.62 $
Price per m2 to Buy Apartment Outside of City Center
5,590.16 $