Cape Canaveral, FL vs Fleming Island, FL

There is a significant gap in the cost of living between these two cities. Cape Canaveral is 22.2% cheaper than Fleming Island. With a cost index of 97 vs 125, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cape Canaveral to Fleming Island should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cape Canaveral is $1,156/month compared to $1,918/month in Fleming Island — a 40% difference. Home values follow the same pattern: Cape Canaveral is more affordable at $323,900 median vs $387,400.

Median household income in Cape Canaveral is $70,585 compared to $119,046 in Fleming Island (-40.7%). While Fleming Island is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cape Canaveral spend roughly 19.7% of their income on rent, more than the 19.3% in Fleming Island.