Carrollwood, FL vs Pasadena Hills, FL

Pasadena Hills is moderately more affordable than Carrollwood, with a 14.7% lower cost of living index. Carrollwood scores 112 compared to 97 for Pasadena Hills, where the US average is 100. This difference means residents of Carrollwood can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Carrollwood is $1,512/month compared to $1,203/month in Pasadena Hills — a 26% difference. Home values follow the same pattern: Pasadena Hills is more affordable at $305,300 median vs $366,200.

Median household income in Carrollwood is $76,723 compared to $81,273 in Pasadena Hills (-5.6%). Pasadena Hills 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, more than the 17.8% in Pasadena Hills.