Fairview Shores, FL vs Lely, FL

Fairview Shores is moderately more affordable than Lely, with a 14.8% lower cost of living index. Fairview Shores scores 99 compared to 116 for Lely, where the US average is 100. This difference means residents of Lely can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fairview Shores is $1,246/month compared to $1,826/month in Lely — a 32% difference. Interestingly, home values tell a different story: while Fairview Shores has cheaper rent, Lely actually has lower median home values ($290,400 vs $315,200).

Median household income in Fairview Shores is $61,387 compared to $65,029 in Lely (-5.6%). Lely does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Fairview Shores spend roughly 24.4% of their income on rent, less than the 33.7% in Lely. The Fairview Shores ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.