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Hollywood, FL vs Port Charlotte, FL

117
Hollywood
Florida
VS
+22.6%
96
Port Charlotte
Florida

There is a significant gap in the cost of living between these two cities. Port Charlotte is 22.6% cheaper than Hollywood. With a cost index of 96 vs 117, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Port Charlotte to Hollywood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hollywood is $1,555/month compared to $1,335/month in Port Charlotte — a 17% difference. Home values follow the same pattern: Port Charlotte is more affordable at $249,400 median vs $374,200.

Median household income in Hollywood is $65,359 compared to $60,729 in Port Charlotte (+7.6%). Hollywood does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Hollywood spend roughly 28.6% of their income on rent, more than the 26.4% in Port Charlotte.

Climate-wise, both cities share similar average temperatures (77.2°F vs 74.3°F). Hollywood receives more rainfall at 60.9" per year compared to 53" in Port Charlotte.

Income & Cost

Cost of Living Index
Hollywood
117
Port Charlotte
96
18% cheaper
Median Household Income
Hollywood
$65,359
7% higher
Port Charlotte
$60,729

Housing

Median Rent
Hollywood
$1,555
Port Charlotte
$1,335
14% cheaper
Median Home Value
Hollywood
$374,200
Port Charlotte
$249,400
33% cheaper
Population
Hollywood
152,935
Port Charlotte
64,971

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hollywood $3.12
Port Charlotte $2.95
US $3.07
🥚
Eggs (grade A, large)
Hollywood $2.55
Port Charlotte $2.41
US $2.50
🥛
Milk (whole)
Hollywood $4.10
Port Charlotte $3.88
US $4.03
🍞
Bread (white)
Hollywood $1.88
Port Charlotte $1.78
US $1.85
🍗
Chicken breast
Hollywood $4.22
Port Charlotte $3.99
US $4.14
Electricity
Hollywood $0.19
Port Charlotte $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hollywood 77.2°F
Port Charlotte 74.3°F
Summer High
Hollywood 90°F
Port Charlotte 93°F
Winter Low
Hollywood 61°F
Port Charlotte 51°F
Rainfall
Hollywood 60.9"
Port Charlotte 53"
Rainy Days
Hollywood 131d
Port Charlotte 136d