Cost of Living in Key West

Cost Guide for Living in Key West, United States

Key West, located at the southernmost point of the United States, offers a unique island lifestyle with a blend of history, culture, and natural beauty. If you're considering living in Key West, it's essential to understand the costs associated with this vibrant city. From rent ranges by neighborhood to the price of everyday essentials, this comprehensive cost guide will help you plan your budget effectively.

Rent Ranges by Neighborhood:

1. Old Town: Old Town is the historic heart of Key West, known for its charming architecture and proximity to Duval Street. Rent for a one-bedroom apartment in Old Town typically ranges from £1,500 to £2,500 per month.

2. New Town: New Town is a more residential area with modern amenities and shopping centers. Rent for a one-bedroom apartment in New Town ranges from £1,200 to £1,800 per month.

Coworking Costs:

Key West offers several coworking spaces for digital nomads and freelancers. A monthly membership at a coworking space like The Key West Collective or The Green Pineapple typically costs between £150 to £250, depending on the amenities and services included.

SIM/Data Plans:

For mobile phone plans in Key West, you can expect to pay around £30 to £50 per month for a basic package with a major carrier like AT&T or Verizon. Unlimited data plans may cost between £60 to £80 per month.

Food Costs:

Key West has a mix of dining options ranging from local seafood shacks to upscale restaurants. On average, a meal at a mid-range restaurant costs around £10 to £20, while a three-course meal for two at a high-end restaurant can range from £50 to £100. Grocery costs for a single person are approximately £200 to £300 per month.

Transport Passes:

Key West is a walkable city, but you may need transportation for longer distances. A monthly bus pass with the Key West Transit system costs around £50, providing access to all bus routes across the island.

Gym Memberships:

For fitness enthusiasts, gym memberships in Key West range from £30 to £80 per month, depending on the facilities and classes offered. Popular gyms like Anytime Fitness and Key West Health and Fitness provide various membership options to suit your needs.

Internet Speeds:

Key West offers reliable internet service with speeds ranging from 50 Mbps to 1 Gbps. The average cost for a high-speed internet plan is around £50 to £80 per month, depending on the provider and speed package.

Safety Notes:

Key West is generally a safe city with a low crime rate compared to many urban areas. However, like any tourist destination, it's essential to stay vigilant, especially in crowded areas and at night. Petty theft can occur, so it's advisable to keep your belongings secure.

Neighborhood Comparison:

Old Town is ideal for those seeking a vibrant and historic atmosphere with easy access to restaurants and entertainment options. New Town offers a more suburban feel with modern conveniences and family-friendly amenities. Choosing the right neighborhood depends on your lifestyle preferences and budget.

Monthly Budget Breakdown:

To give you a rough estimate, here's a sample monthly budget breakdown for a single person living in Key West:

- Rent (1-bedroom apartment in Old Town): £2,000 - Coworking space membership: £200 - SIM/Data plan: £40 - Food (groceries and dining out): £400 - Transport (bus pass): £50 - Gym membership: £50 - Internet: £60 - Miscellaneous (utilities, entertainment, etc.): £200

Total: £3,000 per month

Key West offers a unique blend of island living, vibrant culture, and picturesque beaches, making it an attractive destination for residents and visitors alike. By understanding the costs associated with living in Key West, you can better plan your budget and enjoy all that this beautiful city has to offer.