Buckingham, FL vs Cheval, FL
Cheval is moderately more affordable than Buckingham, with a 6.6% lower cost of living index. Buckingham scores 124 compared to 117 for Cheval, where the US average is 100. This difference means residents of Buckingham can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Buckingham is $1,799/month compared to $1,350/month in Cheval — a 33% difference. Interestingly, home values tell a different story: while Cheval has cheaper rent, Buckingham actually has lower median home values ($411,000 vs $485,600).
Median household income in Buckingham is $103,438 compared to $92,095 in Cheval (+12.3%). While Buckingham is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Buckingham spend roughly 20.9% of their income on rent, more than the 17.6% in Cheval.
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