Cost of Living in Palm Shores, FL

B+
4%
Overall NAT. AVG.
7%
Goods & Services NAT. AVG.
17%
Housing NAT. AVG.
Search Homes for Sale
Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Palm Shores Florida National
Cost of living10498100
Goods & Services9398100
Groceries9999100
Health care9796100
Housing11796100
Transportation9899100
Utilities10997100
New Real Estate Listings in Palm Shores Area
Search
Search Homes for Sale in Palm Shores, FL
See How Much House You Can Afford. Get Pre-Approved Today

Cost Of Living Quick Facts

  • The cost of living in Palm Shores is 6% higher than the Florida average
  • The cost of living in Palm Shores is 4% higher than the national average
  • Palm Shores housing is 17% higher than the national average
  • Florida general sales tax is 18% higher than the national average
  • Florida state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Palm Shores

See all the best places to live around Palm Shores

Compare Palm Shores, FL Cost of Living

      vs
      How would you rate the cost of living in Palm Shores?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Palm Shores?
      Write a review to give others more information about this area.
      See all Palm Shores poll results

      The best places in Florida

      Here are the best places to live in FloridaCheck out the 10 most dangerous cities in FloridaSee the best places to live in Palm ShoresCheck out the 10 safest cities in Florida

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$89,044$7,420$2,078$2,672
      Renters$61,518$5,127$1,435$1,846

      Florida Sales Tax

      State General Sales Tax With Max Surtax
      Florida 6% 7.5%

      Florida Income Tax

      State Income Tax (Low) Income Tax (High)
      Florida 0% 0%

      Goods & Services

      Item Palm Shores National avg. Difference
      Haircut $21.00$24.2613.4%
      Beauty Salon $56.83$45.5624.7%
      Toothpaste $3.68$3.700.6%
      Shampoo $1.32$1.283.1%
      Movie $13.10$12.137.9%
      Bowling $14.75$18.0018.1%

      Groceries

      Item Palm Shores National avg. Difference
      Ground Beef $5.85$5.840.2%
      Fried Chicken $1.45$1.578.0%
      Milk $4.52$4.673.2%
      Potatoes $5.38$4.939.0%
      Pizza $12.62$12.094.4%
      Beer $10.69$10.412.6%

      Health Care

      Item Palm Shores National avg. Difference
      Optometrist $78.20$125.6837.8%
      Doctor $139.80$135.783.0%
      Dentist $132.83$113.2917.3%
      Ibuprofen $10.32$10.653.1%
      Lipitor $526.92$468.6012.4%

      Housing

      Item Palm Shores National avg. Difference
      Home Price $238,200.00$184,700.0029.0%
      Avg. Mortgage Payment $2,007.04$2,346.6914.5%
      Apartment Rent $861.00$949.009.3%

      Transportation

      Item Palm Shores National avg. Difference
      Gasoline $3.45$3.460.5%
      Tire Balancing $54.85$59.928.5%

      Utilities

      Item Palm Shores National avg. Difference
      All Electricity $144.67$193.9925.4%
      Phone $196.14$192.252.0%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Cocoa West, FL5,9668910.5%
      Cocoa, FL20,151919.1%
      Palm Bay, FL113,751981.7%
      Melbourne, FL82,2811000.2%
      June Park, FL4,9321066.1%
      Palm Shores, FL1,6221043.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Topaz Ranch Estates, NV1,6221033.4%
      Wembley, AB1,622n/a 
      Stuart, IA1,6238317.1%
      Maineville, OH1,6211000.1%
      Lakeside, OR1,6211022.3%
      Palm Shores, FL1,6221043.5%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2024