Edgewood, FL vs Greenwood, FL

The cost of living difference between Edgewood, FL and Greenwood, FL is dramatic. Greenwood is 60.5% cheaper than Edgewood, a gap that translates to thousands of dollars per year in household expenses. Edgewood has a cost index of 117 while Greenwood sits at 73, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Edgewood is $1,451/month compared to $939/month in Greenwood — a 55% difference. Home values follow the same pattern: Greenwood is more affordable at $101,800 median vs $452,400.

Median household income in Edgewood is $79,345 compared to $56,579 in Greenwood (+40.2%). The higher salaries in Edgewood partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Edgewood spend roughly 21.9% of their income on rent, more than the 19.9% in Greenwood.