Bagdad, FL vs Key Largo, FL

The cost of living difference between Bagdad, FL and Key Largo, FL is dramatic. Bagdad is 43.6% cheaper than Key Largo, a gap that translates to thousands of dollars per year in household expenses. Bagdad has a cost index of 82 while Key Largo sits at 145, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Bagdad is $987/month compared to $1,889/month in Key Largo — a 48% difference. Home values follow the same pattern: Bagdad is more affordable at $220,000 median vs $626,300.

Median household income in Bagdad is $78,603 compared to $78,906 in Key Largo (-0.4%). Key Largo does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Bagdad spend roughly 15.1% of their income on rent, less than the 28.7% in Key Largo.