North Key Largo, FL vs Penney Farms, FL

The cost of living difference between North Key Largo, FL and Penney Farms, FL is dramatic. Penney Farms is 107.9% cheaper than North Key Largo, a gap that translates to thousands of dollars per year in household expenses. North Key Largo has a cost index of 228 while Penney Farms sits at 110, 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.

When it comes to buying, median home values in North Key Largo are $1,858,300 compared to $213,300 in Penney Farms, a 771% gap.

Median household income in North Key Largo is $146,389 compared to $60,625 in Penney Farms (+141.5%). While North Key Largo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, North Key Largo is notably warmer with an average of 76.2°F compared to 71.4°F in Penney Farms. North Key Largo receives more rainfall at 56.1" per year compared to 47.6" in Penney Farms.