Ferry Pass, FL vs Melbourne, FL

Ferry Pass is moderately more affordable than Melbourne, with a 7% lower cost of living index. Ferry Pass scores 94 compared to 101 for Melbourne, where the US average is 100. This difference means residents of Melbourne can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Ferry Pass is $1,322/month compared to $1,411/month in Melbourne — a 6% difference. Home values follow the same pattern: Ferry Pass is more affordable at $243,600 median vs $272,900.

Median household income in Ferry Pass is $64,368 compared to $64,504 in Melbourne (-0.2%). Melbourne 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 Ferry Pass spend roughly 24.6% of their income on rent, less than the 26.2% in Melbourne.