Myrtle Grove, FL vs Siesta Key, FL

The cost of living difference between Myrtle Grove, FL and Siesta Key, FL is dramatic. Myrtle Grove is 56% cheaper than Siesta Key, a gap that translates to thousands of dollars per year in household expenses. Myrtle Grove has a cost index of 87 while Siesta Key sits at 198, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Myrtle Grove is $1,278/month compared to $2,761/month in Siesta Key — a 54% difference. Home values follow the same pattern: Myrtle Grove is more affordable at $182,600 median vs $954,300.

Median household income in Myrtle Grove is $63,011 compared to $119,427 in Siesta Key (-47.2%). The higher salaries in Siesta Key partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Myrtle Grove spend roughly 24.3% of their income on rent, less than the 27.7% in Siesta Key.

Climate-wise, Siesta Key is notably warmer with an average of 74.1°F compared to 67.5°F in Myrtle Grove. Myrtle Grove receives more rainfall at 57.7" per year compared to 49.1" in Siesta Key.