Siesta Key, FL vs Three Lakes, FL

The cost of living difference between Siesta Key, FL and Three Lakes, FL is dramatic. Three Lakes is 38.5% cheaper than Siesta Key, a gap that translates to thousands of dollars per year in household expenses. Siesta Key has a cost index of 198 while Three Lakes sits at 143, 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 Siesta Key is $2,761/month compared to $2,255/month in Three Lakes — a 22% difference. Home values follow the same pattern: Three Lakes is more affordable at $434,800 median vs $954,300.

Median household income in Siesta Key is $119,427 compared to $91,364 in Three Lakes (+30.7%). The higher salaries in Siesta Key partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Siesta Key spend roughly 27.7% of their income on rent, less than the 29.6% in Three Lakes.

Climate-wise, both cities share similar average temperatures (74.1°F vs 76.2°F). Three Lakes receives more rainfall at 56.1" per year compared to 49.1" in Siesta Key.