Carrollwood, FL vs Palm Coast, FL

Carrollwood, FL and Palm Coast, FL have a very similar cost of living, with only a 1.7% difference in their overall index. Carrollwood scores 112 while Palm Coast scores 114 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 $1,747/month in Palm Coast — a 14% difference. Interestingly, home values tell a different story: while Carrollwood has cheaper rent, Palm Coast actually has lower median home values ($317,200 vs $366,200).

Median household income in Carrollwood is $76,723 compared to $71,840 in Palm Coast (+6.8%). Carrollwood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Carrollwood spend roughly 23.6% of their income on rent, less than the 29.2% in Palm Coast.