Fruit Cove, FL vs Key Largo, FL

Fruit Cove, FL and Key Largo, FL have a very similar cost of living, with only a 2.8% difference in their overall index. Fruit Cove scores 140 while Key Largo scores 145 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 Fruit Cove is $2,261/month compared to $1,889/month in Key Largo — a 20% difference. Interestingly, home values tell a different story: while Key Largo has cheaper rent, Fruit Cove actually has lower median home values ($451,600 vs $626,300).

Median household income in Fruit Cove is $137,906 compared to $78,906 in Key Largo (+74.8%). Fruit Cove offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fruit Cove spend roughly 19.7% of their income on rent, less than the 28.7% in Key Largo.