Key Largo, FL vs Richmond West, FL

Key Largo, FL and Richmond West, FL have a very similar cost of living, with only a 2.4% difference in their overall index. Key Largo scores 145 while Richmond West scores 148 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 Key Largo is $1,889/month compared to $2,374/month in Richmond West — a 20% difference. Interestingly, home values tell a different story: while Key Largo has cheaper rent, Richmond West actually has lower median home values ($448,900 vs $626,300).

Median household income in Key Largo is $78,906 compared to $96,282 in Richmond West (-18%). While Richmond West 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 Largo spend roughly 28.7% of their income on rent, less than the 29.6% in Richmond West.

Climate-wise, both cities share similar average temperatures (76.2°F vs 76.2°F). Richmond West receives more rainfall at 56.1" per year compared to 56.1" in Key Largo.