Cedar Key, FL vs Manatee Road, FL

Manatee Road is moderately more affordable than Cedar Key, with a 13.2% lower cost of living index. Cedar Key scores 89 compared to 79 for Manatee Road, where the US average is 100. This difference means residents of Cedar Key can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cedar Key is $918/month compared to $1,102/month in Manatee Road — a 17% difference. Interestingly, home values tell a different story: while Cedar Key has cheaper rent, Manatee Road actually has lower median home values ($136,500 vs $331,100).

Median household income in Cedar Key is $69,226 compared to $44,350 in Manatee Road (+56.1%). While Cedar Key is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cedar Key spend roughly 15.9% of their income on rent, less than the 29.8% in Manatee Road.