Cost of Living in Palm Bay, FL
Overall index: 85 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 71 | -29% | $1,041 |
| Transportation | 105 | +5% | $3.50 |
| Food | 90 | -10% | $369 |
| Utilities | 86 | -14% | $128 |
| Healthcare | 86 | -14% | $92 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Palm Bay?
A single adult living comfortably in Palm Bay, FL needs approximately $29,750 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Palm Bay, FL?
The overall cost of living in Palm Bay, FL is 15% lower than the US national average (index: 85 where 100 = national average).
How much is rent in Palm Bay, FL?
Average rent for a 1-bedroom apartment in Palm Bay, FL is about $1,041/month.
Is Palm Bay, FL expensive to live in?
No, Palm Bay, FL is affordable (below national average).
What salary do I need to live in Palm Bay, FL?
A single adult needs roughly $29,750/year to cover basic living costs in Palm Bay, FL.