Pace, FL vs Wedgefield, FL
There is a significant gap in the cost of living between these two cities. Pace is 26.7% cheaper than Wedgefield. With a cost index of 92 vs 126, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Pace to Wedgefield should plan for substantially higher expenses across most categories.
On the housing front, median rent in Pace is $1,195/month compared to $1,833/month in Wedgefield — a 35% difference. Home values follow the same pattern: Pace is more affordable at $271,400 median vs $419,100.
Median household income in Pace is $84,912 compared to $120,440 in Wedgefield (-29.5%). While Wedgefield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Pace spend roughly 16.9% of their income on rent, less than the 18.3% in Wedgefield.
Climate-wise, Wedgefield is notably warmer with an average of 73°F compared to 69.4°F in Pace. Pace receives more rainfall at 68.3" per year compared to 51.4" in Wedgefield.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)