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Merritt Island, FL vs Plantation, FL

107
Merritt Island
Florida
VS
-23.8%
141
Plantation
Florida

There is a significant gap in the cost of living between these two cities. Merritt Island is 23.8% cheaper than Plantation. With a cost index of 107 vs 141, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Merritt Island to Plantation should plan for substantially higher expenses across most categories.

On the housing front, median rent in Merritt Island is $1,348/month compared to $2,148/month in Plantation — a 37% difference. Home values follow the same pattern: Merritt Island is more affordable at $379,700 median vs $447,700.

Median household income in Merritt Island is $91,020 compared to $87,077 in Plantation (+4.5%). 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 Merritt Island spend roughly 17.8% of their income on rent, less than the 29.6% in Plantation.

Climate-wise, Plantation is notably warmer with an average of 76.8°F compared to 73.1°F in Merritt Island. Plantation receives more rainfall at 56.5" per year compared to 50.8" in Merritt Island.

Income & Cost

Cost of Living Index
Merritt Island
107
24% cheaper
Plantation
141
Median Household Income
Merritt Island
$91,020
4% higher
Plantation
$87,077

Housing

Median Rent
Merritt Island
$1,348
37% cheaper
Plantation
$2,148
Median Home Value
Merritt Island
$379,700
15% cheaper
Plantation
$447,700
Population
Merritt Island
34,718
Plantation
94,002

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Merritt Island $2.95
Plantation $3.12
US $3.07
🥚
Eggs (grade A, large)
Merritt Island $2.41
Plantation $2.55
US $2.50
🥛
Milk (whole)
Merritt Island $3.88
Plantation $4.10
US $4.03
🍞
Bread (white)
Merritt Island $1.78
Plantation $1.88
US $1.85
🍗
Chicken breast
Merritt Island $3.99
Plantation $4.22
US $4.14
Electricity
Merritt Island $0.17
Plantation $0.19
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Merritt Island 73.1°F
Plantation 76.8°F
Summer High
Merritt Island 90°F
Plantation 91°F
Winter Low
Merritt Island 52°F
Plantation 59°F
Rainfall
Merritt Island 50.8"
Plantation 56.5"
Rainy Days
Merritt Island 120d
Plantation 129d