Apalachicola, FL vs Lake Kathryn, FL
There is a significant gap in the cost of living between these two cities. Lake Kathryn is 26.9% cheaper than Apalachicola. With a cost index of 74 vs 94, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lake Kathryn to Apalachicola should plan for substantially higher expenses across most categories.
On the housing front, median rent in Apalachicola is $1,235/month compared to $1,005/month in Lake Kathryn — a 23% difference. Home values follow the same pattern: Lake Kathryn is more affordable at $94,900 median vs $247,900.
Median household income in Apalachicola is $61,083 compared to $51,223 in Lake Kathryn (+19.2%). The higher salaries in Apalachicola partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Apalachicola spend roughly 24.3% of their income on rent, more than the 23.5% in Lake Kathryn.
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