Cost of Living Calculator - Lake Placid, Florida vs Merritt Island, Florida


The cost of living in Merritt Island, Florida is 22.0% more expensive than Lake Placid, Florida.

You would need a salary of $91,500 in Merritt Island, Florida to maintain the standard of living you have in Lake Placid, Florida.
Comparison highlights
• Overall, Merritt Island, Florida is more expensive than Lake Placid, Florida
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
74% more expensive in Merritt Island
than in Lake Placid, Florida
Lake Placid, FL vs Merritt Island, FL
Compared to Lake Placid, Merritt Island is:
  Homeowner
      No Child Care, Taxes not Considered
  22.0% higher
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  0.7% higher
  Housing (Homeowner)
  90.7% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  11.0% lower
  Commute
  13.5% higher
  Health
  6.0% lower
  Taxes
  Childcare
  Personal
  6.1% higher

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