Palm City, FL Cost of Living


6 Reviews



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Palm City cost of living score
106
More expensive
6.0% higher
than the US average
2.8% higher
than the Florida average
Palm City, Florida gets a BestPlaces Cost of Living score of 106, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.0% higher than the U.S. average and 2.8% lower than the average for Florida.

Palm City, FL

Housing costs in Palm City?
A typical home costs $614,700, which is 81.8% more expensive than the national average of $338,100 and 69.6% more expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Palm City costs $1,930 per month, which is 35.0% more than the national average of $1,430 and 19.2% more than the state average of $1,560.

Can I afford Palm City?
To live comfortably in Palm City, Florida, a minimum annual income of $117,720 for a family, and $61,200 for a single person is recommended.

What does A.I. say about Palm City?
The cost of living in Palm City, FL is relatively low compared to the national average. Housing costs are very affordable, with average home values hovering around $150,000. The median rental price for a one-bedroom apartment is roughly $1,250 per month. Groceries and healthcare are also fairly inexpensive in the city. The overall cost of living in Palm City is approximately 4 percent below the national average. This makes it an attractive option for many families who are looking for a more affordable place to live.
   Cost of living score
     CategoriesPalm CityFloridaUnited States
  106.0103.1100.0
  109.1102.8100
  103.6102.3100.0
  160.2101.1100.0
  $614,700$362,400$338,100
  93.3%101.3%100.0%
  89.8112.6100.0
  108.387.6100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Palm City
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Over 3 years ago

Palm City has grown over the last 9 years that we've lived here. It is definitely becoming more crowded. Some dislike this progress because it increases traffic, longer  More

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Over 16 years ago

Palm City Schools are better than any of the private schools I attended. The teachers and faculty show genuine care at every level. "Character Counts" is a campaign that  More

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Over 18 years ago

A great little town to live in for both retired and still working people and families. The best schools, a variety of churches, many glof courses, and handy location  More

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