Lake Magdalene, FL vs Largo, FL

Largo is moderately more affordable than Lake Magdalene, with a 6.3% lower cost of living index. Lake Magdalene scores 104 compared to 98 for Largo, where the US average is 100. This difference means residents of Lake Magdalene can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lake Magdalene is $1,342/month compared to $1,482/month in Largo — a 9% difference. Interestingly, home values tell a different story: while Lake Magdalene has cheaper rent, Largo actually has lower median home values ($208,500 vs $335,800).

Median household income in Lake Magdalene is $75,606 compared to $60,465 in Largo (+25%). While Lake Magdalene is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lake Magdalene spend roughly 21.3% of their income on rent, less than the 29.4% in Largo.

Climate-wise, both cities share similar average temperatures (74.5°F vs 73.9°F). Largo receives more rainfall at 53.6" per year compared to 49.5" in Lake Magdalene.