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Key Biscayne, FL vs Meadow Woods, FL

247
Key Biscayne
Florida
VS
+104.5%
121
Meadow Woods
Florida

The cost of living difference between Key Biscayne, FL and Meadow Woods, FL is dramatic. Meadow Woods is 104.5% cheaper than Key Biscayne, a gap that translates to thousands of dollars per year in household expenses. Key Biscayne has a cost index of 247 while Meadow Woods sits at 121, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Key Biscayne is $3,501/month compared to $1,859/month in Meadow Woods — a 88% difference. Home values follow the same pattern: Meadow Woods is more affordable at $351,600 median vs $1,238,700.

Median household income in Key Biscayne is $172,604 compared to $77,124 in Meadow Woods (+123.8%). While Key Biscayne is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Key Biscayne spend roughly 24.3% of their income on rent, less than the 28.9% in Meadow Woods.

Climate-wise, Key Biscayne is notably warmer with an average of 77.4°F compared to 73°F in Meadow Woods. Meadow Woods receives more rainfall at 51.4" per year compared to 51" in Key Biscayne.

Income & Cost

Cost of Living Index
Key Biscayne
247
Meadow Woods
121
51% cheaper
Median Household Income
Key Biscayne
$172,604
55% higher
Meadow Woods
$77,124

Housing

Median Rent
Key Biscayne
$3,501
Meadow Woods
$1,859
47% cheaper
Median Home Value
Key Biscayne
$1,238,700
Meadow Woods
$351,600
72% cheaper
Population
Key Biscayne
14,560
Meadow Woods
40,741

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Key Biscayne 77.4°F
Meadow Woods 73°F
Summer High
Key Biscayne 89°F
Meadow Woods 92°F
Winter Low
Key Biscayne 64°F
Meadow Woods 50°F
Rainfall
Key Biscayne 51"
Meadow Woods 51.4"
Rainy Days
Key Biscayne 117d
Meadow Woods 121d