Housing costs in West Palm Beach?
A typical home costs
$168,200, which is 50.3% less expensive than the national average of
$338,100 and 53.6% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in West Palm Beach costs
$1,700 per month, which is 9.0% more than the national average of
$1,560 and 11.2% cheaper than the state average of
$1,890.
Can I afford West Palm Beach?
To live comfortably in West Palm Beach (zip 33417), Florida, a minimum annual income of
$32,400 for a family, and
$55,600 for a single person is recommended.
What does A.I. say about West Palm Beach?
The cost of living in 33417 West Palm Beach, FL is quite affordable. According to BestPlaces, the cost of living index in 33417 is about 20% lower than the national average. This low cost of living index means that residents have access to a wide range of amenities such as restaurants, grocery stores, and entertainment venues at relatively low prices. In addition, housing costs are quite reasonable compared to other cities in Florida and the rest of the US. The median home value is approximately $175,000 with an average rent of around $1,250. All in all, 33417 West Palm Beach offers an affordable lifestyle for its residents.