Palmetto Estates, FL Cost of Living


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Palmetto Estates cost of living score
118.9
More expensive
18.9% higher
than the US average
15.3% higher
than the Florida average
Palmetto Estates, Florida gets a BestPlaces Cost of Living score of 118.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.9% higher than the U.S. average and 15.3% lower than the average for Florida.

Palmetto Estates, FL

Housing costs in Palmetto Estates?
A typical home costs $486,100, which is 43.8% more expensive than the national average of $338,100 and 34.1% more expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Palmetto Estates costs $1,730 per month, which is 21.0% more than the national average of $1,430 and 9.8% more than the state average of $1,560.

Can I afford Palmetto Estates?
To live comfortably in Palmetto Estates, Florida, a minimum annual income of $93,240 for a family, and $55,600 for a single person is recommended.

What does A.I. say about Palmetto Estates?
Palmetto Estates, FL boasts an affordable cost of living compared to other parts of the state. Homes in this area can be purchased for a fraction of the median housing cost throughout Florida, while groceries and healthcare are also relatively low-cost. The local economy is stable and well supported by a diverse range of industries, meaning that job security is high and incomes remain consistent. All in all, Palmetto Estates offers an incredibly attractive option for those looking for a comfortable lifestyle at an affordable price.
   Cost of living score
     CategoriesPalmetto EstatesFloridaUnited States
  118.9103.1100.0
  107.5102.8100
  104.0102.3100.0
  129.7101.1100.0
  $486,100$362,400$338,100
  96.2%101.3%100.0%
  157.0112.6100.0
  99.587.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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