Zip 33405 (West Palm Beach, FL) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in West Palm Beach, Florida?
$7,800 / month
for a family, 44.4% more expensive than the national average A total of $93,600 for the year for a family.
$4,400 / month
for a single person, 7.7% less expensive than the national average A total of $52,800 for the year for a single person.

West Palm Beach cost of living score
114.1
More expensive
14.1% higher
than the US average
10.7% higher
than the Florida average
West Palm Beach (zip 33405), 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.

Zip 33405 (West Palm Beach, FL)

Housing costs in West Palm Beach?
A typical home costs $489,200, which is 44.7% more expensive than the national average of $338,100 and 35.0% more expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in West Palm Beach costs $1,620 per month, which is 3.8% more than the national average of $1,560 and 16.7% cheaper than the state average of $1,890.

Can I afford West Palm Beach?
To live comfortably in West Palm Beach (zip 33405), Florida, a minimum annual income of $93,600 for a family, and $52,800 for a single person is recommended.

What does A.I. say about West Palm Beach?
The cost of living in 33405 West Palm Beach, FL is relatively high compared to the national average. The median home cost is $376,500, which is 66% higher than the national average. Additionally, the median household income for people living in 33405 is $50,220 which is 22% lower than the national average. Other costs such as groceries and utilities are also significantly higher than the national averages. Despite this, there are still plenty of great opportunities in this area due to the ample job market and booming economy.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWest Palm BeachFloridaUnited States
    Unlock103.1100.0
  105.8  Unlock100.0
    Unlock102.3100.0
  125.7  Unlock100.0
    Unlock$362,400$338,100
  98.3  Unlock100.0
    Unlock112.6100.0
  108.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.