Monthly rent costs: $1,200 per month. The cost of living in Palm Bay, Florida (FL) is lower than the average cost of living in the state of Florida and lower than the nationwide city average. The city with the shortest rush hour commute is Malabar. Cost of Living in Palm Bay, Florida . The consumer price index (CPI) of 240 in Florida is 2.04% lower than the U.S. city average CPI of 245. Melbourne's population skews older due to the large number of retirees who move here for the sun and warm weather. Palm Bay costs $3,132 per month to live and work remotely with 38 mbps internet speed, is a okay place for digital nomads to live. What about cost of living in Palm Coast, FL? The majority of Palm Coast residents report their race to be White; this is followed by Black and Asian. The median income in Palm Bay, FL is $48,668 and the median home value is $160,741. Cost of Living in Orlando, Florida: 84.54 miles: Cost of Living in Fort Myers, Florida: 125.72 miles: Cost of Living in Port St Lucie, Florida: 154.82 miles: Cost of Living in Naples, Florida: 166.35 miles: Cost of Living in Palm Coast, Florida: 166.92 miles: Cost of Living in Jacksonville, Florida: 199.56 miles: Cost of Living in West Palm … Palm Bay, FL Cost Of Living. Compare the Cost of Living in Palm Beach, Florida against another US Cities and States. A family costs: $5,290 per month. Cost of Living in Venice, Florida: 100.59 miles: Cost of Living in Fort Lauderdale, Florida: 110.53 miles: Cost of Living in Deerfield Beach, Florida: 118.44 miles: Cost of Living in Miami, Florida: 123.17 miles: Cost of Living in Boynton Beach, Florida: 133.51 miles: Cost of Living in West Palm Beach, Florida: 147.35 miles: Cost of Living … The absence of a state income tax may give the state of Florida an advantage over other states, but only for high income earners. As a matter of fact, there’s no state income tax in Florida. The average salary in Palm Bay, FL is $15.44. Living in Palm Bay, FL. A salary of $50,000 in Palm Bay, Florida should increase to $57,593 in Vero Beach South, Florida (assumptions include Homeowner, no Child Care, and Taxes are not considered. - Median Home Cost is 27% cheaper in Palm Bay. What about cost of living in Palm Bay, FL? Today it's 24°C with very good air quality (21 µg/m3). Palm Bay is a city in Brevard County, Florida, with a population of 110,271. See cost of living, internet speed, weather and other metrics about United States as a place to work remotely for digital nomads. A single traveler costs: $3,364 per month. Located in the state of Florida, Palm Bay is a medium-sized city with a population of 106,573 inhabitants. According to the most recent Census, 75% of Palm Bay residents are White, 19% Black and 2% Asian. According to the most recent data on the cost of living, Palm Bay has an overall cost of living index of 95 which is 0.9x lower than the national index of 100. See what you'll need to earn to keep your current standard of living wherever you choose to work and live. Breakdown of prices in Palm Bay, United States for housing, food, … PROS: Sunny weather. Originally called Tillman, the city was named Palm Bay in the 1920’s for its sabal palm trees. Cost of living in Naples (Italy) is 16% cheaper than in Palm Bay, Florida (United States) For example, to keep the same standard of living that would require $3,500 in Palm Bay, Florida you would need to make just about $2,923 (€2,411) in Naples. The Cost of Living in Palm Bay is high. 2020 Cost of Living Calculator: Palm Bay, Florida vs Vero Beach South, Florida Change Places . Salary.com's Cost of Living Calculator lets you compare the cost of living and salary differentials State to State or over 300+ US cities. Mean prices in 2017: all housing units: $154,133; detached houses: $157,234; townhouses or other attached units: $96,876; in 3-to-4-unit structures: $112,667; in 5-or-more-unit structures: $258,232; mobile homes: $50,597 Median gross rent in 2017: $1,039. The average cost of assisted living in Palm Bay is $2,762 per month. The city's population was 103,190 at the 2010 United States Census, making it the most populous city in the county. Salary.com's Cost of Living Calculator lets you compare the cost of living and salary differentials State to State or over 300+ US cities. - Overall, Palm Bay, Florida is 13.6% cheaper than Orlando, Florida - Median Home Cost is the biggest factor in the cost of living difference. Living in West Palm Beach Is Affordable Photo by Jared. For those living in Palm Bay, Florida, the annual cost of living expense for a single renter is $1.96K, while the annual cost of living expense for a family with two kids that owns a home is $4.16K. Palm Bay is 42% cheaper than New York City. Cost of living in Melbourne (Australia) is 11% more expensive than in Palm Bay, Florida (United States) For example, you would need at least $3,996 (AU$5,499) in Melbourne to maintain the same standard of living that you can have with $3,600 in Palm Bay, Florida. Plus, the average effective property tax rate in Florida is 1.02%, which is less than the national average. A single person costs: $2,159 per month. More than 22% of Melbourne's population is over the age of 65, and the area features a number of 55-plus communities near Palm Bay. Cost of Living in Deerfield Beach, Florida: 41.37 miles: Cost of Living in Boynton Beach, Florida: 56.57 miles: Cost of Living in West Palm Beach, Florida: 70.25 miles: Cost of Living in Port St Lucie, Florida: 111.85 miles: Cost of Living in Naples, Florida: 123.55 miles: Cost of Living in Fort Myers, Florida: 156.10 miles: Cost of Living … Full cost of living comparison of Tampa, Florida vs Palm Bay, Florida. The standard of living in Palm Bay ranks as #2510 most affordable out of the 6522 places we measured in Florida. Compare cost of living in Tampa with factors like salaries, … Palm Bay is a city in Brevard County, Florida. This is lower than the national median of $3,500. Cost of living 3% below national average. Let’s start with the basics: Palm Bay, FL is located in Brevard County and it has a population of 116,361. Based on an average age of 48, Palm Coast appears to be a city better suited for seniors or retirees as the … Florida is a low-tax state, which means that taxes don’t pay a huge role in the cost of living in Florida. The most similar city is Melbourne in Florida. Prices and comparisons for the whole range of expenses: food, … There are quite a few choices in education and experential learning in the community with traditional public, public charter, NFCC … Cost of Living in Port St Lucie, Florida: 63.78 miles: Cost of Living in Orlando, Florida: 71.92 miles: Cost of Living in West Palm Beach, Florida: 112.91 miles: Cost of Living in Palm Coast, Florida: 117.95 miles: Cost of Living in Boynton Beach, Florida: 124.22 miles: Cost of Living in Deerfield Beach, Florida: 140.22 miles: Cost of Living … To help you with your search, browse the 290 reviews below for assisted living facilities in Palm Bay. See what you'll need to earn to keep your current standard of living wherever you choose to work and live. The cost of living in Florida is lower than the national average. Like Melbourne and Titusville, Palm Bay anchors a large and intricate area of barrier islands, beach and coastal communities. Employers in Palm Bay, FL typically pay 5.4% more than employeers in Great Falls, MT. Full cost of living comparison of Houston, Texas vs Palm Bay, Florida. In Palm Bay there are a lot of parks. - Median Home Cost is 23% more expensive in Tampa. The Cost of Living in Florida, the Bottom-line Moving to Florida if you’re well off financially with a high income. Despite its beaches, gorgeous weather, and close proximity to the Miami metro, the cost of living in West Palm Beach is only 2% higher than the national average, so moving to this Florida city won’t break the bank! Let’s start with the basics: Palm Coast, FL is located in Flagler County and it has a population of 88,914. Prices and comparisons for the whole range of expenses: food, … Great place to raise a family with lots of room for pets, livestock, and outdoor sports such as hunting and fishing. Palm Bay is a city in Florida with a population of 110,271. The median income in Palm Coast, FL is $51,496 and the median home value is $208,627. 95 Palm Bay's Overall Cost Of Living. Coffee costs: $3.83. Median home price $178,000, 29% below national median. Trends in wages increased by 1.3 percent in Q3 2020. State of Florida salaries average $47,035.00, indicating a pay rate that is lower than the U.S. average annual salary by $6,586.00. 0.9x Lower Than The National Average Palm Bay, Florida Info Snack. The cost of living in Palm Bay, FL is -3.5% lower than in Great Falls, MT. If you don’t invest a high percentage of your assets in a Florida home, you probably shouldn’t worry too much about the cost of living … You would have to earn a salary of $57,876 to maintain your current standard of living. March 2019 cost of living index in Palm Bay: 89.1 (less than average, U.S. average is 100) Palm Bay, FL … Tampa, Florida’s cost of living is 5% lower than the national average. 70% of the people in Palm Bay (over the age of 15) are married and 65% have kids under the age of … - Overall, Tampa, Florida is 11.3% more expensive than Palm Bay, Florida - Median Home Cost is the biggest factor in the cost of living difference. The cost of living in Palm Bay, FL is 100 percent higher than the national average. The average annual pay in Palm Bay is $46,778.00, which is $257.00 lower than the salary average in Florida and lower than the U.S. average yearly wages by $6,843.00. Living in Palm Bay offers residents a sparse suburban feel and most residents own their homes. Who lives in Melbourne, FL? Palm Bay is also part of Florida's “Space Coast,” which is home to Cape Canaveral and the John F. … Palm Bay is in Brevard County and is one of the best places to live in Florida. There are 45 Assisted Living Facilities in the Palm Bay area, with 23 in Palm Bay and 22 nearby. Current Resident: Madison is a beautiful and peaceful area to live in north Florida. Palm Bay is a principal city of the Palm … The sales tax is 6.00%. Atlantic Ocean-side haven of 114,000, 75 miles southeast of Orlando. On average, consumers rate assisted living in Palm Bay … The cost of living in West Palm Beach is 5% higher than the Florida average; The cost of living in West Palm Beach is 4% higher than the national average; West Palm Beach housing is 10% higher than the national average; Florida general sales tax is 18% higher than the national average; Florida state income tax is 100% lower than … Palm Coast, Florida is a moderately-sized city with a population of 80,948 people. Living in Palm Coast, FL. Taxes. Compared to only Florida, Palm Bay has a cost of living index that's 1.0x lower than Florida's index of 99.. Compare the Cost of Living in Florida against another US State. 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