Iona, FL vs Lake Worth Beach, FL

Lake Worth Beach is moderately more affordable than Iona, with a 7.6% lower cost of living index. Iona scores 118 compared to 110 for Lake Worth Beach, where the US average is 100. This difference means residents of Iona can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Iona is $1,908/month compared to $1,439/month in Lake Worth Beach — a 33% difference. Interestingly, home values tell a different story: while Lake Worth Beach has cheaper rent, Iona actually has lower median home values ($295,700 vs $329,300).

Median household income in Iona is $66,143 compared to $60,978 in Lake Worth Beach (+8.5%). While Iona is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Iona spend roughly 34.6% of their income on rent, more than the 28.3% in Lake Worth Beach. The Lake Worth Beach ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, both cities share similar average temperatures (75.4°F vs 75.8°F). Lake Worth Beach receives more rainfall at 61.7" per year compared to 57.4" in Iona.