Fellsmere, FL vs Iona, FL

The cost of living difference between Fellsmere, FL and Iona, FL is dramatic. Fellsmere is 35% cheaper than Iona, a gap that translates to thousands of dollars per year in household expenses. Fellsmere has a cost index of 77 while Iona sits at 118, 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 Fellsmere is $1,079/month compared to $1,908/month in Iona — a 43% difference. Home values follow the same pattern: Fellsmere is more affordable at $123,400 median vs $295,700.

Median household income in Fellsmere is $47,335 compared to $66,143 in Iona (-28.4%). The higher salaries in Iona partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Fellsmere spend roughly 27.4% of their income on rent, less than the 34.6% in Iona. The Fellsmere ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.