Five Points, FL vs Goulding, FL

Five Points, FL and Goulding, FL have a very similar cost of living, with only a 2.1% difference in their overall index. Five Points scores 72 while Goulding scores 73 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Five Points is $850/month compared to $1,077/month in Goulding — a 21% difference. Interestingly, home values tell a different story: while Five Points has cheaper rent, Goulding actually has lower median home values ($86,800 vs $124,000).

Median household income in Five Points is $54,808 compared to $27,299 in Goulding (+100.8%). Five Points offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Five Points spend roughly 18.6% of their income on rent, less than the 47.3% in Goulding. The Five Points ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.