DeLand, FL vs Palmetto, FL

DeLand, FL and Palmetto, FL have a very similar cost of living, with only a 1.9% difference in their overall index. DeLand scores 95 while Palmetto scores 97 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 DeLand is $1,159/month compared to $1,286/month in Palmetto — a 10% difference. Interestingly, home values tell a different story: while DeLand has cheaper rent, Palmetto actually has lower median home values ($256,700 vs $303,500).

Median household income in DeLand is $73,352 compared to $61,538 in Palmetto (+19.2%). DeLand offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of DeLand spend roughly 19% of their income on rent, less than the 25.1% in Palmetto.