Asbury Lake, FL vs Oviedo, FL

Asbury Lake, FL and Oviedo, FL have a very similar cost of living, with only a 3.8% difference in their overall index. Asbury Lake scores 125 while Oviedo scores 130 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 Asbury Lake is $2,189/month compared to $1,963/month in Oviedo — a 12% difference. Interestingly, home values tell a different story: while Oviedo has cheaper rent, Asbury Lake actually has lower median home values ($293,000 vs $428,500).

Median household income in Asbury Lake is $100,681 compared to $114,092 in Oviedo (-11.8%). While Oviedo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Asbury Lake spend roughly 26.1% of their income on rent, more than the 20.6% in Oviedo.