Malabar, FL vs North Merritt Island, FL
Malabar, FL and North Merritt Island, FL have a very similar cost of living, with only a 4% difference in their overall index. Malabar scores 112 while North Merritt Island scores 116 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.
When it comes to buying, median home values in Malabar are $441,700 compared to $495,400 in North Merritt Island, a 11% gap.
Median household income in Malabar is $123,345 compared to $113,897 in North Merritt Island (+8.3%). Malabar offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.
Climate-wise, both cities share similar average temperatures (73.1°F vs 71.6°F). Malabar receives more rainfall at 50.8" per year compared to 48.6" in North Merritt Island.
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Climate
NOAA 30-year normals (1991-2020)