Clermont, FL vs Palmer Ranch, FL

Clermont is moderately more affordable than Palmer Ranch, with a 13.2% lower cost of living index. Clermont scores 120 compared to 138 for Palmer Ranch, where the US average is 100. This difference means residents of Palmer Ranch can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Clermont is $1,774/month compared to $1,819/month in Palmer Ranch — a 3% difference. Home values follow the same pattern: Clermont is more affordable at $368,600 median vs $563,000.

Median household income in Clermont is $79,789 compared to $103,682 in Palmer Ranch (-23%). While Palmer Ranch is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Clermont spend roughly 26.7% of their income on rent, more than the 21.1% in Palmer Ranch.