Balm, FL vs Longwood, FL

Balm, FL and Longwood, FL have a very similar cost of living, with only a 0.3% difference in their overall index. Balm scores 112 while Longwood scores 113 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 Balm is $1,679/month compared to $1,661/month in Longwood — a 1% difference. Interestingly, home values tell a different story: while Longwood has cheaper rent, Balm actually has lower median home values ($312,600 vs $327,400).

Median household income in Balm is $104,347 compared to $77,214 in Longwood (+35.1%). Balm offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Balm spend roughly 19.3% of their income on rent, less than the 25.8% in Longwood.