Cocoa Beach, FL vs Umatilla, FL

Cocoa Beach, FL and Umatilla, FL have a very similar cost of living, with only a 3.3% difference in their overall index. Cocoa Beach scores 120 while Umatilla scores 124 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 Cocoa Beach is $1,555/month compared to $2,448/month in Umatilla — a 37% difference. Interestingly, home values tell a different story: while Cocoa Beach has cheaper rent, Umatilla actually has lower median home values ($194,500 vs $451,800).

Median household income in Cocoa Beach is $82,381 compared to $67,206 in Umatilla (+22.6%). Cocoa Beach offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cocoa Beach spend roughly 22.7% of their income on rent, less than the 43.7% in Umatilla. The Cocoa Beach ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.