Fellsmere, FL vs Wabasso, FL

There is a significant gap in the cost of living between these two cities. Fellsmere is 20.4% cheaper than Wabasso. With a cost index of 77 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Fellsmere to Wabasso should plan for substantially higher expenses across most categories.

On the housing front, median rent in Fellsmere is $1,079/month compared to $944/month in Wabasso — a 14% difference. Interestingly, home values tell a different story: while Wabasso has cheaper rent, Fellsmere actually has lower median home values ($123,400 vs $413,600).

Median household income in Fellsmere is $47,335 compared to $66,771 in Wabasso (-29.1%). While Wabasso is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fellsmere spend roughly 27.4% of their income on rent, more than the 17% in Wabasso.