Apalachicola, FL vs Lake Alfred, FL

Apalachicola, FL and Lake Alfred, FL have a very similar cost of living, with only a 0% difference in their overall index. Apalachicola scores 94 while Lake Alfred scores 94 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Apalachicola is $1,235/month compared to $1,348/month in Lake Alfred — a 8% difference. Interestingly, home values tell a different story: while Apalachicola has cheaper rent, Lake Alfred actually has lower median home values ($226,800 vs $247,900).

Median household income in Apalachicola is $61,083 compared to $68,854 in Lake Alfred (-11.3%). While Lake Alfred is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Apalachicola spend roughly 24.3% of their income on rent, more than the 23.5% in Lake Alfred.