2025 Compare Cities Cost of Living:
Palm Bay, FL vs Homestead, FL

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Highlights
Is it cheaper to live in Homestead or is it cheaper to live in Palm Bay?
- Homestead is 24.4% more expensive than Palm Bay.

Which city has more affordable housing, Homestead or Palm Bay?
- Homestead housing costs are 32.9% more expensive than Palm Bay housing costs.

Is Health Care more affordable in Palm Bay or is Health Care more affordable in Homestead.
- Health related expenses are 4.1% more in Homestead.
 Palm Bay, FLHomestead, FLUnited States
 Overall  Unlock118.9100
 Food & Groceries99.1  Unlock100
 Health  Unlock104.0100
 Housing77.5  Unlock100
 Median Home Cost  Unlock$410,900$338,100
 Utilities98  Unlock100
 Transportation  Unlock154.1100
 Miscellaneous105.8  Unlock100
100 = National Average (Below 100 means cheaper than the US average. Above 100 means more expensive.)
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Reviews for Palm Bay    27 Reviews

I moved to Palm Bay in 2020 and the cost of living has skyrocketed! A two bedroom apartment was around $900/month in 2020. Now it's $1600 and up. Mostly up. A three  More

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My family of 4 have lived here in NW Palm Bay for over 10 years. My wife and my son from another marriage lived here for over 7 before that. I myself have lived here for  More

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I lived in Palm Bay for 12 years. It's a very unfriendly and crowded place to live. It's well into the 90's from late April till right around the 10th of November. The  More

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Reviews for Homestead    20 Reviews

I've lived in Homestead for about 12 years, and I can't wait to leave. It's a city full of poor people who can't afford to live in Miami by any stretch of the  More

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Over 7 years ago

It stinks with smelty Smokey air most evenings right in the heart of town. ATC’s run rampant. Police do nothing. Code enforcement is a laughable joke in most cases. You  More

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Over 7 years ago

My family has lived in Homestead for 4 years. Whatever you do make sure the area you rent/purchase is not within the limits of City of Homestead. Our electric bill is 4  More

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