Cost of Living in Palm Bay, FL
2024 data from the Bureau of Economic Analysis
Cost Index
100.0
0.0% above avg
Housing Index
111.7
Median Income
$71,308
Median Rent
$1,327/mo
Cost Breakdown
Overall100.0 (+0.0%)
Housing111.7 (+11.7%)
Goods96.2 (-3.8%)
Utilities88.1 (-11.9%)
Other Services98.9 (-1.1%)
National average = 100
Income & Housing
Median Household Income
$71,308/year
Median Home Value
$278,000
Median Monthly Rent
$1,327/mo
Per Capita Income
$40,111/year
Compare Palm Bay, FL With
Frequently Asked Questions
Is Palm Bay, FL expensive to live in?
Palm Bay, FL has a cost of living index of 100.0, which is 0.0% above the national average.
How much does housing cost in Palm Bay, FL?
Housing costs in Palm Bay, FL are indexed at 111.7 compared to the national average of 100. The median monthly rent is $1,327.
What is the average income in Palm Bay, FL?
The median household income in Palm Bay, FL is $71,308 per year.
What is the average home price in Palm Bay, FL?
The median home value in Palm Bay, FL is $278,000.