Jasmine Estates, FL vs Port Charlotte, FL

Jasmine Estates, FL and Port Charlotte, FL have a very similar cost of living, with only a 4% difference in their overall index. Jasmine Estates scores 92 while Port Charlotte scores 96 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 Jasmine Estates is $1,376/month compared to $1,335/month in Port Charlotte — a 3% difference. Interestingly, home values tell a different story: while Port Charlotte has cheaper rent, Jasmine Estates actually has lower median home values ($172,400 vs $249,400).

Median household income in Jasmine Estates is $51,301 compared to $60,729 in Port Charlotte (-15.5%). While Port Charlotte is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Jasmine Estates spend roughly 32.2% of their income on rent, more than the 26.4% in Port Charlotte. The Port Charlotte ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, Port Charlotte is notably warmer with an average of 74.3°F compared to 70.7°F in Jasmine Estates. Port Charlotte receives more rainfall at 53" per year compared to 51.9" in Jasmine Estates.