Carrollwood, FL vs Doctor Phillips, FL

There is a significant gap in the cost of living between these two cities. Carrollwood is 23.9% cheaper than Doctor Phillips. With a cost index of 112 vs 147, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Carrollwood to Doctor Phillips should plan for substantially higher expenses across most categories.

On the housing front, median rent in Carrollwood is $1,512/month compared to $2,358/month in Doctor Phillips — a 36% difference. Home values follow the same pattern: Carrollwood is more affordable at $366,200 median vs $484,000.

Median household income in Carrollwood is $76,723 compared to $101,540 in Doctor Phillips (-24.4%). While Doctor Phillips is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Carrollwood spend roughly 23.6% of their income on rent, less than the 27.9% in Doctor Phillips.