Clearwater, FL vs Greenacres, FL

Clearwater, FL and Greenacres, FL have a very similar cost of living, with only a 1.7% difference in their overall index. Clearwater scores 109 while Greenacres scores 111 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 Clearwater is $1,539/month compared to $1,709/month in Greenacres — a 10% difference. Interestingly, home values tell a different story: while Clearwater has cheaper rent, Greenacres actually has lower median home values ($244,700 vs $326,100).

Median household income in Clearwater is $64,440 compared to $62,917 in Greenacres (+2.4%). Clearwater offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Clearwater spend roughly 28.7% of their income on rent, less than the 32.6% in Greenacres. The Clearwater ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.