Palm Beach Shores, FL Cost of Living


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Palm Beach Shores cost of living score
114.1
More expensive
14.1% higher
than the US average
10.7% higher
than the Florida average
Palm Beach Shores, Florida gets a BestPlaces Cost of Living score of 114.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.1% higher than the U.S. average and 10.7% lower than the average for Florida.

Palm Beach Shores, FL

Housing costs in Palm Beach Shores?
A typical home costs $736,900, which is 118.0% more expensive than the national average of $338,100 and 103.3% more expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Palm Beach Shores costs $1,460 per month, which is 2.1% more than the national average of $1,430 and 6.8% cheaper than the state average of $1,560.

Can I afford Palm Beach Shores?
To live comfortably in Palm Beach Shores, Florida, a minimum annual income of $141,120 for a family, and $47,600 for a single person is recommended.

What does A.I. say about Palm Beach Shores?
The cost of living in Palm Beach Shores, FL is relatively high compared to other cities and towns in the United States. The median home value for 2018 was $500,000, making it one of the most expensive places to live. The average monthly housing costs are around $2,354, which is double the national average. Groceries and health care costs are also higher than the national average. Despite these higher costs, the area offers a variety of outdoor activities, lush tropical landscape, and plenty of amenities for its residents to enjoy.
   Cost of living score
     CategoriesPalm Beach ShoresFloridaUnited States
  114.1103.1100.0
  104.2102.8100
  101.0102.3100.0
  187.3101.1100.0
  $736,900$362,400$338,100
  96.9%101.3%100.0%
  119.9112.6100.0
  108.187.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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