Merritt Island, FL vs Plantation, FL
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.
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