Fort Walton Beach, FL vs Inverness Highlands South, FL

Inverness Highlands South is moderately more affordable than Fort Walton Beach, with a 8.2% lower cost of living index. Fort Walton Beach scores 97 compared to 90 for Inverness Highlands South, where the US average is 100. This difference means residents of Fort Walton Beach can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fort Walton Beach is $1,268/month compared to $1,296/month in Inverness Highlands South — a 2% difference. Interestingly, home values tell a different story: while Fort Walton Beach has cheaper rent, Inverness Highlands South actually has lower median home values ($206,900 vs $296,000).

Median household income in Fort Walton Beach is $66,556 compared to $61,224 in Inverness Highlands South (+8.7%). While Fort Walton Beach is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fort Walton Beach spend roughly 22.9% of their income on rent, less than the 25.4% in Inverness Highlands South.