Key West, FL vs Poinciana, FL

The cost of living difference between Key West, FL and Poinciana, FL is dramatic. Poinciana is 53.4% 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 Poinciana sits at 108, 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 $1,712/month in Poinciana — a 21% difference. Home values follow the same pattern: Poinciana is more affordable at $266,900 median vs $816,300.

Median household income in Key West is $78,532 compared to $63,042 in Poinciana (+24.6%). Key West does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Key West spend roughly 31.7% of their income on rent, less than the 32.6% in Poinciana. 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 74.6°F in Poinciana. Poinciana receives more rainfall at 46.1" per year compared to 40.4" in Key West.