Housing costs in West Palm Beach?
A typical home costs
$397,000, which is 17.4% more expensive than the national average of
$338,100 and 9.5% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in West Palm Beach costs
$1,800 per month, which is 25.9% more than the national average of
$1,430 and 13.3% more than the state average of
$1,560.
Can I afford West Palm Beach?
To live comfortably in West Palm Beach, Florida, a minimum annual income of
$75,960 for a family, and
$59,200 for a single person is recommended.
What does A.I. say about West Palm Beach?
West Palm Beach is another financially friendly option located throughout South Florida boasting sizable benefits without leaving wallets feeling light. Median house values range anywhere from the mid-$200s onwards while rental costs hover around two thirds that amount respectively making it one of the more affordable options found along the sunshine state's eastern shoreline. Food & beverage goods similarly average right on par with US levels due largely to its fixed 7% sales tax rate while utilities tend to be lower than other coastal cities thanks largely to its proximity near multiple waterways throughout the region.