Fort Walton Beach, FL vs Newberry, FL

Newberry is moderately more affordable than Fort Walton Beach, with a 10.6% lower cost of living index. Fort Walton Beach scores 97 compared to 88 for Newberry, 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 $1,047/month in Newberry — a 21% difference. Home values follow the same pattern: Newberry is more affordable at $268,800 median vs $296,000.

Median household income in Fort Walton Beach is $66,556 compared to $100,513 in Newberry (-33.8%). Newberry offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fort Walton Beach spend roughly 22.9% of their income on rent, more than the 12.5% in Newberry.