Clearwater, FL vs Hollywood, FL

Clearwater is moderately more affordable than Hollywood, with a 6.7% lower cost of living index. Clearwater scores 109 compared to 117 for Hollywood, where the US average is 100. This difference means residents of Hollywood can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Clearwater is $1,539/month compared to $1,555/month in Hollywood — a 1% difference. Home values follow the same pattern: Clearwater is more affordable at $326,100 median vs $374,200.

Median household income in Clearwater is $64,440 compared to $65,359 in Hollywood (-1.4%). Hollywood does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Clearwater spend roughly 28.7% of their income on rent, more than the 28.6% in Hollywood.