Lee, FL is an excellent place to live with a cost of living that is lower than the US average. Two bedroom apartments rent for $820 per month compared to $1,430 in other parts of the country. The grocery cost index in Lee is 94 versus 100 in the US, making groceries more affordable in Lee than other areas. Local businesses include two Walmart stores, Publix Supermarket, and several restaurants like High Tide Bar & Grill and Bogey's Bar and Grill. There are also plenty of places to shop for clothing such as Johnny's Clothing Store or McRae’s Department Store. Despite having some higher costs of living than other cities, Lee offers residents an attractive combination of affordability and amenities.
Lee has an unemployment rate of 5.2%. The US average is 6.0%.
Lee has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 24.8%, which is lower than the US average of 33.5%.
Tax Rates for Lee
- The Sales Tax Rate for Lee is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Lee is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lee
- The average income of a Lee resident is $18,383 a year. The US average is $28,555 a year.
- The Median household income of a Lee resident is $39,142 a year. The US average is $69,021 a year.