Carrabelle, FL vs Medley, FL

Carrabelle, FL and Medley, FL have a very similar cost of living, with only a 0.1% difference in their overall index. Carrabelle scores 85 while Medley scores 85 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 Carrabelle is $1,231/month compared to $1,339/month in Medley — a 8% difference. Interestingly, home values tell a different story: while Carrabelle has cheaper rent, Medley actually has lower median home values ($67,700 vs $149,600).

Median household income in Carrabelle is $57,143 compared to $41,250 in Medley (+38.5%). While Carrabelle 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, less than the 39% in Medley. The Carrabelle ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.