Lantana, FL vs Wallace, FL

Wallace is moderately more affordable than Lantana, with a 10.7% lower cost of living index. Lantana scores 118 compared to 107 for Wallace, 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 $1,394/month in Wallace — a 14% difference. Interestingly, home values tell a different story: while Wallace has cheaper rent, Lantana actually has lower median home values ($374,800 vs $377,600).

Median household income in Lantana is $69,677 compared to $115,216 in Wallace (-39.5%). Wallace 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 14.5% in Wallace.

Climate-wise, Lantana is notably warmer with an average of 75.8°F compared to 69.2°F in Wallace. Wallace receives more rainfall at 66.4" per year compared to 61.7" in Lantana.