Flagler Beach, FL vs Lake Kerr, FL

The cost of living difference between Flagler Beach, FL and Lake Kerr, FL is dramatic. Lake Kerr is 100% cheaper than Flagler Beach, a gap that translates to thousands of dollars per year in household expenses. Flagler Beach has a cost index of 123 while Lake Kerr sits at 62, 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 Flagler Beach is $1,581/month compared to $607/month in Lake Kerr — a 161% difference. Home values follow the same pattern: Lake Kerr is more affordable at $118,800 median vs $496,800.

Median household income in Flagler Beach is $81,193 compared to $43,472 in Lake Kerr (+86.8%). The higher salaries in Flagler Beach partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Flagler Beach spend roughly 23.4% of their income on rent, more than the 16.8% in Lake Kerr.