Lake Clarke Shores, FL vs Memphis, FL

There is a significant gap in the cost of living between these two cities. Memphis is 25.5% cheaper than Lake Clarke Shores. With a cost index of 95 vs 120, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Memphis to Lake Clarke Shores should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Lake Clarke Shores are $494,700 compared to $292,200 in Memphis, a 69% gap.

Median household income in Lake Clarke Shores is $150,393 compared to $71,967 in Memphis (+109%). While Lake Clarke Shores is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, both cities share similar average temperatures (75.8°F vs 74.1°F). Lake Clarke Shores receives more rainfall at 61.7" per year compared to 49.1" in Memphis.