Housing costs in West Palm Beach?
A typical home costs
$423,000, which is 25.1% more expensive than the national average of
$338,100 and 16.7% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in West Palm Beach costs
$1,920 per month, which is 23.1% more than the national average of
$1,560 and close to the state average of
$1,890.
Can I afford West Palm Beach?
To live comfortably in West Palm Beach (zip 33401), Florida, a minimum annual income of
$81,000 for a family, and
$62,800 for a single person is recommended.
What does A.I. say about West Palm Beach?
The cost of living in 33401 West Palm Beach, FL is quite high relative to the national average. According to a report by Sperling's Best Places, the cost of living index for this area is 119.2 which means it is 19.2% higher than the US average. Housing costs are particularly notable as they are 42% higher than the national average. Despite this, West Palm Beach remains an attractive place to live due to its close proximity to beaches, parks, and other outdoor recreational activities as well as its lively nightlife and cultural attractions.