Lantana, FL vs Merritt Island, FL
Merritt Island is moderately more affordable than Lantana, with a 10% lower cost of living index. Lantana scores 118 compared to 107 for Merritt Island, where the US average is 100. This difference means residents of Lantana can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Lantana is $1,590/month compared to $1,348/month in Merritt Island — a 18% difference. Interestingly, home values tell a different story: while Merritt Island has cheaper rent, Lantana actually has lower median home values ($374,800 vs $379,700).
Median household income in Lantana is $69,677 compared to $91,020 in Merritt Island (-23.4%). Merritt Island offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lantana spend roughly 27.4% of their income on rent, more than the 17.8% in Merritt Island.
Climate-wise, both cities share similar average temperatures (75.8°F vs 73.1°F). Lantana receives more rainfall at 61.7" per year compared to 50.8" in Merritt Island.
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