Longboat Key, FL vs Pelican Marsh, FL

Longboat Key, FL and Pelican Marsh, FL have a very similar cost of living, with only a 3.9% difference in their overall index. Longboat Key scores 205 while Pelican Marsh scores 213 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Longboat Key is $2,969/month compared to $2,866/month in Pelican Marsh — a 4% difference. Interestingly, home values tell a different story: while Pelican Marsh has cheaper rent, Longboat Key actually has lower median home values ($959,200 vs $1,087,800).

Median household income in Longboat Key is $143,365 compared to $136,141 in Pelican Marsh (+5.3%). Longboat Key offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Longboat Key spend roughly 24.9% of their income on rent, less than the 25.3% in Pelican Marsh.

Climate-wise, both cities share similar average temperatures (74.1°F vs 75.5°F). Pelican Marsh receives more rainfall at 49.6" per year compared to 49.1" in Longboat Key.