Cost of living in Key West, Florida
Simple answer
Typical rent is $2,220 a month.
Key West is a city in Florida. That rent number includes utilities. A typical household earns $87,037 a year.
- People
- 25,720
- Census average, 2020–2024
- Typical rent
- $2,220
- Median gross rent, includes utilities
- Typical pay
- $87,037
- Median household income, yearly
- Typical home
- $852,400
- Median home value
- 2-bedroom fair rent
- $2,254
- Monroe County, FL
Key West, Florida has about 25,720 people. That count is a 2020–2024 Census average, not a headcount from one day.
A typical home is worth about $852,400.
HUD's fair-market rent for a 2-bedroom in Monroe County is $2,254 a month. That is the county number, not an apartment listing in Key West. It runs from October 2026 through September 2027.
Florida's prices sit at 103.4 when the U.S. average is 100. This place is not in a metro area with its own index, so this is the state number from BEA for 2024.
Florida does not tax wages. A typical combined sales tax is 7.0% as of January 1, 2026. That mix is statewide, not Key West's exact store tax.
In July 2026, a typical Florida home paid 15.03¢ per kilowatt-hour. That is a state average from EIA, not Key West's bill.
In 2025, all-grades gas in Florida averaged $3.06 a gallon. EIA prints this yearly price for only some states.
Among 730 places we list in Florida with a rent figure, 78 have higher typical rent than Key West.
Nearby places
- Stock Island
Typical rent $2,013
Compare with Key West - Big Coppitt Key
Typical rent $2,420
Compare with Key West - Cudjoe Key
Typical rent $1,864
Compare with Key West - Big Pine Key
Typical rent $1,724
Compare with Key West - Marathon
Typical rent $1,633
Compare with Key West - Islamorada, Village of Islands
Typical rent $1,882
Compare with Key West - Tavernier
Typical rent $1,966
- Key Largo
Typical rent $1,887
EBT nearby
USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.
Locator page updated 2026-09-11. Last checked 2026-10-16.
Food stamps (SNAP) tools in Florida
Bigger places in Florida
Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.