Merritt Island, FL vs Sunrise, FL
There is a significant gap in the cost of living between these two cities. Merritt Island is 15.2% cheaper than Sunrise. With a cost index of 107 vs 127, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Merritt Island to Sunrise should plan for substantially higher expenses across most categories.
On the housing front, median rent in Merritt Island is $1,348/month compared to $1,999/month in Sunrise — a 33% difference. Interestingly, home values tell a different story: while Merritt Island has cheaper rent, Sunrise actually has lower median home values ($328,700 vs $379,700).
Median household income in Merritt Island is $91,020 compared to $72,107 in Sunrise (+26.2%). 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 33.3% in Sunrise. The Merritt Island ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
Climate-wise, Sunrise is notably warmer with an average of 76.8°F compared to 73.1°F in Merritt Island. Sunrise receives more rainfall at 56.5" per year compared to 50.8" in Merritt Island.
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Climate
NOAA 30-year normals (1991-2020)