Boca Raton, FL vs Carrollwood, FL

The cost of living difference between Boca Raton, FL and Carrollwood, FL is dramatic. Carrollwood is 46.9% cheaper than Boca Raton, a gap that translates to thousands of dollars per year in household expenses. Boca Raton has a cost index of 164 while Carrollwood sits at 112, 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 Boca Raton is $2,334/month compared to $1,512/month in Carrollwood — a 54% difference. Home values follow the same pattern: Carrollwood is more affordable at $366,200 median vs $660,100.

Median household income in Boca Raton is $102,722 compared to $76,723 in Carrollwood (+33.9%). The higher salaries in Boca Raton partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Boca Raton spend roughly 27.3% of their income on rent, more than the 23.6% in Carrollwood.