Key West, FL vs Micco, FL

The cost of living difference between Key West, FL and Micco, FL is dramatic. Micco is 86.4% cheaper than Key West, a gap that translates to thousands of dollars per year in household expenses. Key West has a cost index of 166 while Micco sits at 89, 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 West is $2,075/month compared to $1,340/month in Micco — a 55% difference. Home values follow the same pattern: Micco is more affordable at $156,400 median vs $816,300.

Median household income in Key West is $78,532 compared to $46,809 in Micco (+67.8%). The higher salaries in Key West partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Key West spend roughly 31.7% of their income on rent, less than the 34.4% in Micco. The Key West ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, Key West is notably warmer with an average of 78.9°F compared to 73.1°F in Micco. Micco receives more rainfall at 50.8" per year compared to 40.4" in Key West.