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Watergate, FL vs Westwood Lakes, FL

121
Watergate
Florida
VS
-16.9%
145
Westwood Lakes
Florida

There is a significant gap in the cost of living between these two cities. Watergate is 16.9% cheaper than Westwood Lakes. With a cost index of 121 vs 145, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Watergate to Westwood Lakes should plan for substantially higher expenses across most categories.

On the housing front, median rent in Watergate is $2,109/month compared to $2,243/month in Westwood Lakes — a 6% difference. Home values follow the same pattern: Watergate is more affordable at $214,200 median vs $465,000.

Median household income in Watergate is $72,641 compared to $87,341 in Westwood Lakes (-16.8%). The higher salaries in Westwood Lakes partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Watergate spend roughly 34.8% of their income on rent, more than the 30.8% in Westwood Lakes. The Westwood Lakes ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, both cities share similar average temperatures (77.2°F vs 77.4°F). Watergate receives more rainfall at 55.6" per year compared to 51" in Westwood Lakes.

Income & Cost

Cost of Living Index
Watergate
121
17% cheaper
Westwood Lakes
145
Median Household Income
Watergate
$72,641
Westwood Lakes
$87,341
17% higher

Housing

Median Rent
Watergate
$2,109
6% cheaper
Westwood Lakes
$2,243
Median Home Value
Watergate
$214,200
54% cheaper
Westwood Lakes
$465,000
Population
Watergate
3,709
Westwood Lakes
10,768

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Watergate $3.12
Westwood Lakes $3.12
US $3.07
🥚
Eggs (grade A, large)
Watergate $2.55
Westwood Lakes $2.55
US $2.50
🥛
Milk (whole)
Watergate $4.10
Westwood Lakes $4.10
US $4.03
🍞
Bread (white)
Watergate $1.88
Westwood Lakes $1.88
US $1.85
🍗
Chicken breast
Watergate $4.22
Westwood Lakes $4.22
US $4.14
Electricity
Watergate $0.19
Westwood Lakes $0.19
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Watergate 77.2°F
Westwood Lakes 77.4°F
Summer High
Watergate 91°F
Westwood Lakes 89°F
Winter Low
Watergate 60°F
Westwood Lakes 64°F
Rainfall
Watergate 55.6"
Westwood Lakes 51"
Rainy Days
Watergate 131d
Westwood Lakes 117d