Cost of Living in Palmetto, FL
Overall index: 84 (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 | 74 | -26% | $900 |
| Transportation | 100 | +0% | $3.50 |
| Food | 82 | -18% | $336 |
| Utilities | 87 | -13% | $133 |
| Healthcare | 87 | -13% | $96 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Palmetto?
A single adult living comfortably in Palmetto, FL needs approximately $29,400 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Palmetto, FL?
The overall cost of living in Palmetto, FL is 16% lower than the US national average (index: 84 where 100 = national average).
How much is rent in Palmetto, FL?
Average rent for a 1-bedroom apartment in Palmetto, FL is about $900/month.
Is Palmetto, FL expensive to live in?
No, Palmetto, FL is affordable (below national average).
What salary do I need to live in Palmetto, FL?
A single adult needs roughly $29,400/year to cover basic living costs in Palmetto, FL.