Housing costs in Palm Beach?
A typical home costs
$1,248,300, which is 269.2% more expensive than the national average of
$338,100 and 244.5% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Palm Beach costs
$2,280 per month, which is 46.2% more than the national average of
$1,560 and 17.1% more than the state average of
$1,890.
Can I afford Palm Beach?
To live comfortably in Palm Beach (zip 33480), Florida, a minimum annual income of
$239,040 for a family, and
$74,800 for a single person is recommended.
What does A.I. say about Palm Beach?
Palm Beach, FL is an expensive place to live due to its high cost of living. The median home price in the 33480 zip code is $1,734,400, with a median rent of $3,900 per month. Additionally, utilities costs are high as Palm Beach is located in an area with hot summers and mild winters. Groceries can also quickly add up as produce and other staple items cost more than they would in other parts of the country due to the local climate. Despite all this, living in Palm Beach is still desirable for many people due to its beautiful beaches and year-round sunshine.