Destin, FL vs Oviedo, FL

Destin, FL and Oviedo, FL have a very similar cost of living, with only a 0.4% difference in their overall index. Destin scores 130 while Oviedo scores 130 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 Destin is $1,913/month compared to $1,963/month in Oviedo — a 3% difference. Interestingly, home values tell a different story: while Destin has cheaper rent, Oviedo actually has lower median home values ($428,500 vs $455,100).

Median household income in Destin is $89,141 compared to $114,092 in Oviedo (-21.9%). While Oviedo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Destin spend roughly 25.8% of their income on rent, more than the 20.6% in Oviedo.