Royal Palm Beach, FL Cost of Living


8 Reviews



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Royal Palm Beach cost of living score
114.1
More expensive
14.1% higher
than the US average
10.7% higher
than the Florida average
Royal Palm Beach, 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.

Royal Palm Beach, FL

Housing costs in Royal Palm Beach?
A typical home costs $463,200, which is 37.0% more expensive than the national average of $338,100 and 27.8% more expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Royal Palm Beach costs $1,870 per month, which is 30.8% more than the national average of $1,430 and 16.6% more than the state average of $1,560.

Can I afford Royal Palm Beach?
To live comfortably in Royal Palm Beach, Florida, a minimum annual income of $88,920 for a family, and $61,200 for a single person is recommended.

What does A.I. say about Royal Palm Beach?
The cost of living in Royal Palm Beach, FL is quite reasonable compared to other areas around the state of Florida and the rest of the country. Residents enjoy low taxes, affordable housing, and a variety of grocery stores to choose from. The median home price in Royal Palm Beach is around $250,000, which is slightly higher than the national average but still relatively low compared to other areas throughout the state. Overall, Royal Palm Beach offers its residents an affordable lifestyle that is complemented by excellent amenities such as parks and recreational centers.
   Cost of living score
     CategoriesRoyal Palm BeachFloridaUnited States
  114.1103.1100.0
  106.7102.8100
  101.0102.3100.0
  130.6101.1100.0
  $463,200$362,400$338,100
  96.7%101.3%100.0%
  132.7112.6100.0
  108.887.6100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Royal Palm Beach
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Over 13 years ago

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Over 15 years ago

Royal Palm does have many nice areas to live. However the neighboring cities of West Palm and Lake Worth certainly push alot of crime to the area. The public school  More

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Over 15 years ago

Royal palm Beach is a quiet family town with excelent weather 7 months of the year. Some excitment in the spring-hurricaine  More

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