Clearwater, FL vs Lake Worth Beach, FL

Clearwater, FL and Lake Worth Beach, FL have a very similar cost of living, with only a 0.5% difference in their overall index. Clearwater scores 109 while Lake Worth Beach scores 110 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 $1,439/month in Lake Worth Beach — a 7% difference. Interestingly, home values tell a different story: while Lake Worth Beach has cheaper rent, Clearwater actually has lower median home values ($326,100 vs $329,300).

Median household income in Clearwater is $64,440 compared to $60,978 in Lake Worth Beach (+5.7%). 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, more than the 28.3% in Lake Worth Beach.