Is the cost of living in Coronado high?

"The cost of living in Coronado is generally considered to be higher than the average cost of living in the United States. Housing costs tend to be particularly expensive, with the median home value in Coronado standing at around $1.4 million. Additionally, the cost of food and other goods in Coronado tends to be higher than in other parts of the country," remarked another expat in Coronado, Panama.