Carrollwood, FL vs Fort Myers, FL

Carrollwood, FL and Fort Myers, FL have a very similar cost of living, with only a 2.9% difference in their overall index. Carrollwood scores 112 while Fort Myers scores 109 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 Carrollwood is $1,512/month compared to $1,442/month in Fort Myers — a 5% difference. Home values follow the same pattern: Fort Myers is more affordable at $351,600 median vs $366,200.

Median household income in Carrollwood is $76,723 compared to $62,160 in Fort Myers (+23.4%). While Carrollwood 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 27.8% in Fort Myers.