Carrabelle, FL vs Citrus Hills, FL

There is a significant gap in the cost of living between these two cities. Carrabelle is 22.8% cheaper than Citrus Hills. With a cost index of 85 vs 111, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Carrabelle to Citrus Hills should plan for substantially higher expenses across most categories.

On the housing front, median rent in Carrabelle is $1,231/month compared to $1,486/month in Citrus Hills — a 17% difference. Home values follow the same pattern: Carrabelle is more affordable at $149,600 median vs $392,300.

Median household income in Carrabelle is $57,143 compared to $84,091 in Citrus Hills (-32%). While Citrus Hills is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Carrabelle spend roughly 25.9% of their income on rent, more than the 21.2% in Citrus Hills.