Is living in key west expensive
For me that part is Meh, ok to grab an afternoon beer.
This town is filled with eccentric people some homeless, some stupidly wealthy. The local characters are a mix of retirees, locals, and a lot of oddballs that have drifted down the Florida Keys to find their spot.
A lot of locals are artists and writers. There is little to no industry, most of the commerce is made by catering to retired money and tourists. The island is only 4 miles long, and all the houses that are going to be built are done.
Irma destroyed a lot of the low-income housing in the Florida Keys mostly mobile homesso there is a real crunch for affordable housing, which then puts a crunch on finding employees who can afford to live locally. For a more detailed transportation price index, please try a free demo of the cloud-based Relocation Assessor.
A cost of housing score of 1 indicates most expensive while a 10 represents cheapest. The following are collected for use in determining the cost of housing score: square footage, monthly rent, home prices, and utilities.
For the estimated monthly rent prices, data on average and median rent price per square foot on a square foot 2 bed roomunfurnished higher-quality apartment is collected. Estimated apartment rental prices assume a standard lease usually 1-year is signed.
The same geographic assumptions and data standards used for home prices are applied to data collection and survey procedures. Everything else becomes a lot less important if it turns out that home prices in Key West are simply unattainable. Here if your home will appreciate on a long term or even a short term basis should be factored into your decision making.
In the past year, appreciation rates for homes in the Key West area were The best places in Florida. 
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