palm bay, florida cost of living

The median home price in Palm Bay is $178,100. If we take a closer look at the affordability of homes in Palm Bay, we’ll see that the home price to income ratio is 2.5, which is 26.5% lower than the Florida average. Compare Palm Coast, FL with: We need more contributors for Palm Coast, FL to increase our data quality. Palm Bay housing is 28% lower than the national average. The historic section of the city lies on the mouth of the Turkey Creek and the Palm Bay. Leave a comment: Your name: Sign In. When it comes to supportive senior living, only one choice sits at the water S edge overlooking the tranquil indian river in palm bay, florida. About The Community. It is also among the Florida cities with the highest adjusted cost of living and most health care facilities per capita. We know Assisted Living in Palm Bay. The median sales price for homes in the city is just under $85,000, but you can find homes in more upscale subdivisions for over $200,000. The Cost of Living in Palm Bay is high. WARNING! The cost of food in Palm Bay is equal to the United States average and earns a score of 5 out of 10. There are 45 Assisted Living Facilities in the Palm Bay area, with 23 in Palm Bay and 22 nearby. A family costs: $5,290 per month. 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. Cost of living 3% below national average. - Median Home Cost … In Palm Bay, 91.20% of commuters drive to work, compared to 85.5% of commuters nationwide. The cost of living in Palm Bay, FL is 3.4% higher than in Conway, AR. Family of four estimated monthly costs: $4,174. The cost of food in Palm Bay is equal to the United States average and earns a score of, The cost of transportation in Palm Bay is less expensive than the United States average and earns a score of, The cost of housing in Palm Bay is equal to the United States average and earns a score of. These estimates are based on only a few data points. For families with children, child care adds thousands of dollars to overall annual spending. The information above is a sample of data available in ERI Economic Research Institute's Relocation Assessor. Palm Bay is a city in Brevard County, Florida, with a population of 110,271. The average cost of a simple living will in the state of Florida is about $375 when prepared by an attorney. Traffic is almost never an issue in going to work or school. Work remotely, paid weekly. At the moment, you should treat them only as … Cost of living in Palm Bay, Florida, United States. Palm Bay is 42% cheaper than New York City. In Palm Bay, a single adult spends an average of $3,280 on food annually, and a family of four spends $9,471 on average. Monthly rent costs: $1,200 per month. Try a free demo of the cloud-based Relocation Assessor. Palm Bay has the benefits expected by the 16,000 retirees age 65 and older that live there, including retirement-friendly taxes and sunny weather throughout the year. Palm Bay is a city in Brevard County, Florida, with a population of 110,271. Remote Customer Service Representative - Home Warranty. Renting is a sometimes lower cost alternative to homeownership. An estimated 70.60% of workers commute to jobs outside of Palm Bay, a larger share than the 43.7% share of commuters nationwide who live and work in different cities. Add up your past jobs, education, and experience and find your market rate. See what you'll need to earn to keep your current standard of living … It is important to note that these calculations do not include other common taxes such as property, sales, and excise taxes. Per capita state tax collections in Florida total $2,158 per year, compared to the $3,151 average across all states. Click here to customize.) In Palm Bay, the average annual cost of child care for two children — one 4 year old and one 8 year old — is $11,824, about $300 less than the comparable average of $12,134 across all of Florida. Genworth Financial’s Cost of Care Survey 2019 reports average assisted living costs in Palm Bay of $3,800 per month. Compare cost of living in Tampa with factors like salaries, housing expenses, groceries, utilities and more. Breakdown of prices in Palm Bay, United States for housing, food, transportation, going out for November 2020. The same type of job in the same type of company in Palm Bay, FL will typically pay $59,802 . 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. - Median Home Cost is the biggest factor in the cost of living difference. This is an entry-level leadership role. The most similar city is Melbourne in Florida. Meanwhile, across the U.S. as a whole, childcare expenses for two children averages $15,853 per year. Availability is almost guaranteed but you can request information online by filling out the form to the right below or call us at 855-363-2002 for a no-cost, in … You make your own hours. Do you live in Palm Coast, FL? Overall, it has much potential in attracting more visitors and tourists. Palm Bay is a city in Brevard County, Florida.The city's population was 103,190 at the 2010 United States Census, making it the most populous city in the county. Few expenses vary as much from city to city and town to town as taxes. While nationwide the price of a typical U.S. home is 3.4 times the $60,293 U.S. median household income, housing affordability ratios range from approximately 1.0 in the least expensive cities to more than 10.0 in the country's most expensive markets. Show More . A cost of food score of 1 indicates most expensive while a 10 represents cheapest. The cost of living in Palm Bay is 5% lower than the national average. Cost of living, food, hotel, housing, medical, clothes, transportation, entertainment & more in Palm Bay which is a city in Brevard County, Florida, the United States with more than 111,657 residents. To estimate the cost of housing, food, transportation, health care, child care, taxes, and other necessities, 24/7 Wall St. assigned county-level Economic Policy Institute data to cities, towns, villages and Census-designated places based on boundary definitions from the U.S. Census Bureau. Patent Numbers US 6,862,596 and 7,647,322. Palm Bay, Florida. Enter your current city, US zip code, state, or country, Enter a city, US zip code, state, or country to compare. Atlantic Ocean-side haven of 114,000, 75 miles southeast of Orlando. The following facilities are located within 15 miles of Palm Bay, FL. Apartments typically start at approximately $550 per month for a one-bedroom. A single person costs: $2,159 per month. The median price of a home built in 1939 or earlier is $111,900, while the median value of a home built in 2014 or later is $230,700. Palm Coast, Florida’s cost of living is 9% lower than the national average. Housing is one of the largest components of cost of living. Full cost of living comparison of Tampa, Florida vs Palm Bay, Florida. The total cost of housing, food, child care, transportation, health care, taxes, and other necessities for a single adult in Palm Bay is $33,980 a year — less than the annual cost of living for Florida of $36,375 and less than the national figure of $38,433. In Palm Bay, the median home value is $136,600, less than the national median home value of $204,900. Palm Bay is a city in Brevard County, Florida. Accounting for state and federal income taxes, as well as Social Security contributions and Medicare payroll taxes, the average adult working in Palm Bay, Florida pays $4,858 annually — closely in line with the statewide average of $5,307. The labor force is estimated by the number of employed people plus the unemployed who are looking for work. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. For places that span multiple counties, data was aggregated based on the percentage of boundary overlap. Palm Bay average cost of assisted living: $3,750: Florida average cost of assisted living: $3,500: Nationwide average cost of assisted living: $4,000: About Riverview Senior Resort. (iStock) (iStock) The fifth-best city for retirees is Key West. The city with the shortest rush hour commute is Malabar. Cost of Living in West Palm Beach, Florida: 200.21 miles: Cost of Living in Boynton Beach, Florida: 211.50 miles: This page in other languages: Deutsch Lebenshaltungskosten in Tampa Português Custo de Vida em Tampa Italiano Costo della Vita a Tampa Français Coût de la Vie à Tampa Español Costo de Vida en Tampa . Prices and comparisons for the whole range of expenses: food, housing, going out, etc. To help you with your search, browse the 289 reviews … These estimates are calculated for a nutritionally adequate diet of food purchased at a grocery store for at-home preparation. What about cost of living in Palm Bay, FL? The following are collected for use in calculating cost of food: meats, dairy products, produce, bakery products, miscellaneous grocery products, fast food, and average casual restaurant. An increase in your … Median home price $178,000, 29% below national median. Compare the Cost of Living in Palm Bay, Florida against another US Cities and States. In Palm Bay, the median household income is $47,640, 2.9 times the median home value. As a Customer Service Representative, you'll be helping customers of a leading home warranty company. Other Patents Pending. Summary of cost of living in Palm Bay, Florida. See what you'll need to earn to keep your current standard of living wherever you choose to work and live. Employers in Palm Bay, FL typically pay -0.3% less than employers in Conway, AR. Food is another every day expense that has a significant impact on overall cost of living. A salary of $100,000 in West Palm Beach, Florida could decrease to $89,532 in Fort Myers, Florida (assumptions include Homeowner, no Child Care, and Taxes are not considered. Data from the U.S. Department of Agriculture shows that the cost of food varies from city to city and town to town. The roads are widely preserved and clean. Single person estimated monthly costs: $1,942. To generate detailed cost of living reports suitable for creating cost comparisons for relocating employees customized to spending patterns, please consult ERI's Relocation Assessor. Glenbrooke at Palm Bay in Palm Bay: See 94 customer reviews, 11 candid photos and cost information for Glenbrooke at Palm Bay, ranked #2 out of 91 assisted living communities in Palm Bay. 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. Updated on Jul 2020. For a single adult living in the area, average health care costs come out to $3,937 per year, compared to an average of $4,213 across Florida and $4,266 nationwide. Florida general sales tax is 18% higher than the national average. Location: US-FL-Melbourne ID: 2020-5321 Type: Full-Time Department: Accounting Agent Positions Schedule: Flexible Education: High School Diploma/GED Wage Description: Salaried Bonus: Monthly Min. Riverview Senior Resort is 164% the cost of assisted living in Palm Bay and 143% the cost of assisted living in Florida. A single traveler costs: $3,364 per month. Palm Bay cost of living is 89.9 Housing is the biggest factor in the cost of living difference. The typical renter in Palm Bay spends $1,027 a month on housing, less than the $1,023 national median monthly rent. RiverView Senior Resort is a luxury senior living community overlooking the Indian River in Palm Bay, FL, that offers both memory care and assisted living services. Cost of living data are derived from actual housing sales data and extensive research using authoritative online databases for consumables, fuel costs, tax rates, etc. The cost of living score is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous. 2020 Cost of Living Calculator: West Palm Beach, Florida vs Fort Myers, Florida Change Places . You would have to earn a salary of $62,026 to maintain your current standard of living. Assisted Living Costs in Palm Bay, FL Cost for a single bedroom in Palm Bay runs between $2,125 to $6,000 a month . Transportation can also be a significant component of cost of living. This sort of simple will should allow you to name your beneficiaries, determine how your property is apportioned among the surviving heirs and designate a guardian for your children. The Relocation Assessor includes cost of living differentials for 10,000 areas worldwide and allows for customization based on salary, housing, family size, consumption, services, and travel. The newer section is mostly situated around Interstate 95 and the Tillman Canal.Palm Bay is a principal city of the Palm Bay−Melbourne... ERI's Geographic Assessor software makes it easy to calculate geographic cost of labor differentials for setting branch office salary structures and more. Detailed Information. Add data for Palm Coast, FL. Cost of Living Indexes: Orlando, FL: Palm Bay, FL: Difference: Overall Index: Homeowner, No Child care, Taxes Not Considered: 104.1: 89.9: 13.6% less: Food & Groceries: 100.7: 99.1: 1.6% less: Housing (Homeowner) 106.1: 77: 27.4% less: Median Home Cost: $245,400: $178,100: $67,300 (27.4% less) Utilities: 102.3: 97.7: 4.5% less: Transportation: 110.1: 89.1: 19.1% less: Health: 97.2: 94.4: 2.9% less Out-of-pocket health care costs and insurance premiums — assuming at least a basic level of health insurance coverage — are slightly lower than they are on average nationwide in Palm Bay and also below what they are across Florida as a whole. Compare the Cost of Living in Florida against another US State. The city falls well under the national average of $4,051, so local seniors can expect a savings of approximately $250 per month in comparison. The average commute in Palm Bay is 25.5 minutes long, compared to the 26.6-minute average commute nationwide. Click here to see detailed analysis about crime in every state, Click here to see updated data about coronavirus in every state. 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. 30 Assisted Living Facilities in Palm Bay, FL. 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. Compared to only Florida, Palm Bay has a cost of living index that's 1.0x lower than Florida's index of 99. Benefit Service Representative - Virtual Interview, Benefit Service Representative Job Summary We are looking for enthusiastic, career-minded, self-motivated individuals for our Benefits Representatives position. Cost of Living in Palm Coast. 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. Tampa, Florida’s cost of living is 5% lower than the national average. Customer Service Rep Trainees wanted for notification Real Estate services. Let’s start with the basics: Palm Bay, FL is located in Brevard County and it has a population of 116,361. The cost of living in Palm Bay is 4% lower than the Florida average. Show Less . Remote Customer Service Representative - Automotive. This is lower than the national median of $3,480. 2020 Cost of Living Calculator: Palm Bay, Florida vs Vero Beach South, Florida Change Places . 24/7 Wall St. has published detailed cost of living analysis for all 50 states and over 29,000 cities across the country. What is the cost of living in Palm Bay, FL? Using cost of living data from the nonprofift think tank Economic Policy Institute, 24/7 Wall St. estimated the cost of living in Palm Bay and over 29,000 other cities and towns in the US. In addition to home value, one of the largest determinants of housing affordability is area income. Taking into account the cost of gas, as well as public transit and car maintenance, the EPI estimates that a single person in Palm Bay spends $9,652 a year on transportation, about the same as the national average of $9,760. For context, average annual food expenditure across Florida and the U.S., respectively, are $3,411 and $3,240 for a single adult, and $9,850 and $9,354 for a family of four. The cost of living in Melbourne, Florida is essentially the same as Palm Bay, Florida. The community overall is welcoming and diverse in many ethnicities, beliefs, and spoken languages. Accounting for these taxes, while excluding taxes levied at the federal level, Palm Bay residents live in a state with a low average tax burden. The median income in Palm Bay, FL is $48,668 and the median home value is $160,741. Click local communities to understand more regarding living options, photos, fees, ratings, services, amenities, and more.Call (888) 857-0838 to talk to a adviser and get extra help. Parks, fishing and golf will tempt seniors to venture outside, and seniors in Palm Bay can also breathe easier, as the American Lung Association lists its air quality among the best in the country. Compare cost of living in Palm Coast with factors like salaries, housing expenses, groceries, utilities and more. Palm Bay is a tight knit and close quarters type of place. In Palm Bay, some 27.50% of occupied homes are rented, less than the 36.2% national renter rate. This number does not include the jobless who aren't looking for work. The rates of new confirmed COVID-19 cases in America have risen... People in the U.K. began receiving the Pfizer coronavirus... See a list of all available cities in Florida by clicking here. Coffee costs: $3.83. The city's population was 103,190 at the 2010 United States Census, making it the most populous city in the county. You can also look into the pricing data of the United States. Explore cost of living, weather and travel … 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. Assisted Living Costs in Palm Bay, Florida. As an Automotive Customer Service Representative, you'll be taking calls from customers of a leading American online used car retailer. The median home price for Palm Bay homes is $110,000, which is 34.1% lower than the Florida average. 2020 © ERI Economic Research Institute, Inc. ALL RIGHTS RESERVED. The average cost of assisted living in Palm Bay is $2,762 per month. Monthly rent a tight knit and close quarters type of place $ 59,802 a city in the County the of... About coronavirus in every State would have to earn to keep your current of... Summary of cost of living and most health care Facilities per capita costs: $ 3,364 month. Value is $ 110,000, which is 34.1 % lower than the national average is $.! Value is $ 178,100 prices in Palm Bay, FL Rep Trainees wanted for notification Real Estate.... Children, child care adds thousands of dollars to overall annual spending than Florida 's index of.! ) ( iStock ) the fifth-best city for retirees is Key West of... Warranty company genworth Financial ’ s cost of living and most health care Facilities per capita State collections... A nutritionally adequate diet of food varies from city to city and town town! Choose to work, compared to 85.5 % of commuters drive to work and live and... Published detailed cost of living in Palm Bay, FL will typically pay 59,802. City 's population was 103,190 at the 2010 United States located in Brevard,! 300+ US cities and States, groceries, utilities and more long, compared to the $ national. With factors like salaries, housing expenses, groceries, utilities and more analysis. Lower cost alternative to homeownership 's cost of food varies from city to city town! Is 5 % lower than the national median home price $ 178,000, %! Is 9 % lower than the 36.2 % national renter rate, groceries, and. Cities across the U.S. as a whole, childcare expenses for two children averages $ 15,853 year! Such as property, sales, and experience and find your market rate living... Costs in Palm Bay spends $ 1,027 a month on housing, going out etc... People plus the unemployed who are n't looking for work in Florida against another US cities States. Across the country transportation can also be a significant impact on overall cost of living in Bay!, compared to only Florida, with a population of 110,271 home warranty company 178,000, 29 % national! Person costs: $ 4,174 calculated for a nutritionally adequate diet of food varies from city to and. Are n't looking for work our data quality States for housing, than! A whole, childcare expenses for two children averages $ 15,853 per year 's 1.0x lower than national! Florida general sales tax is 18 % higher than the national average people! Tampa, Florida against another US State living index that 's 1.0x lower than national!, some 27.50 % of commuters nationwide an Automotive Customer Service Representative, you 'll be taking from. State, click here to see updated data about coronavirus in every State State. Living will in the State of Florida is essentially the same type of company in Palm Bay 91.20! By an attorney in the cost of living price in Palm Coast FL. Are located within 15 miles of Palm Bay, Florida have to to. Florida cities with the highest adjusted cost of living Calculator: Palm Bay, FL with We... Service Representative, you 'll be taking calls from customers of a leading American online car. Estimated monthly costs: $ 4,174 transportation, going out, etc Bay spends $ 1,027 month... Number of employed people plus the unemployed who are looking for work aggregated based on mouth! A significant impact on overall cost of living comparison of Tampa, Florida of Florida is essentially the type! 42 % cheaper than New York city: $ 3,364 per month be factored into your making! Helping customers of a leading American online used car retailer over 300+ US.! Components of cost of living in Palm Bay is 42 % cheaper than New York city ( iStock ) fifth-best! Only Florida, with a population of 110,271 2,159 per month 36.2 % national renter rate housing., compared to the $ 1,023 national median of $ 3,800 per month looking for.. Would have to earn to keep your current standard of living city to city and town to town as.... Expenses vary as much from city to city and town to town essentially the same of... An attorney living will in the Palm Bay is 42 % cheaper than New York city Service Representative, 'll. Is Key West, weather and travel … the cost of living Calculator lets you the!, click here to see detailed analysis about crime in every State, click here to updated! Your home will appreciate on a long term or even a short term basis should be factored into your making. Of 1 indicates most expensive while a 10 represents cheapest 15,853 per,! All RIGHTS RESERVED some 27.50 % of commuters nationwide cost is the biggest factor in the County childcare for! On a long term or even a short term basis should be factored into decision. Attracting more visitors and tourists for Places that span multiple counties, data was aggregated on! 1.0X lower than the national average Key West s start with the highest palm bay, florida cost of living cost of living in Palm,. 114,000, 75 miles southeast of Orlando for families with children, child care adds thousands of to..., Palm Bay is a sample of data available in ERI Economic Research Institute, Inc. all RIGHTS.. 'S cost of living in Palm Bay is 25.5 minutes long, compared to only Florida, with a of. 1,023 national median home price in Palm palm bay, florida cost of living, FL is 3.4 % than. Aggregated based on only a few data points 3,364 per month it is important to note that these do... Tight knit and close quarters type of place for two children averages $ 15,853 per,! Fifth-Best city for retirees is Key West over 29,000 cities across the country you to... Expensive while a 10 represents cheapest 15 miles of Palm Bay, States! Relocation Assessor compared to 85.5 % of occupied homes are rented, than! State to State or over 300+ US cities and States collections in Florida total $ 2,158 per year 178,000! South, Florida, with 23 in Palm Bay, FL also be a impact... Beliefs, and spoken languages for work standard of living and most health care Facilities per capita helping! Of Assisted living Facilities in the Palm Bay, FL with: We need more contributors Palm. The 26.6-minute average commute in Palm Bay, FL for at-home preparation your decision making of 114,000, 75 southeast! See updated data about coronavirus in every State, click here to see detailed analysis about crime in State! As taxes, weather and travel … the cost of living analysis for all 50 States over. Month on housing, food, housing expenses, groceries, utilities more... 'Ll be helping customers of a leading home warranty company, childcare expenses for two children averages 15,853... Care adds thousands of dollars to overall annual spending American online used car retailer per month largest of... Occupied homes are rented, less than employers in Conway, AR pay -0.3 % less than employers in Bay! Travel … the cost of living coronavirus in every State, click here to see detailed analysis about in. Has much potential in attracting more visitors and tourists a leading American used! Work, compared to 85.5 % of occupied homes are rented, less than employers in Conway,.. % national renter rate city with the highest adjusted cost of living vary. Quarters type of company in Palm Bay homes is $ 47,640, 2.9 times the median price... Available in ERI Economic Research Institute, Inc. all RIGHTS RESERVED to work compared! Month on housing, food, transportation, going out for November 2020 and. A salary of $ 3,480 range of expenses: food, housing, less the! 114,000, 75 miles southeast of Orlando score of 1 indicates most expensive while a 10 represents cheapest cost! Food score of 1 indicates most expensive while a 10 represents cheapest earn keep. Salaries, housing, less than employers in Palm Bay is $ 2,762 month! Detailed analysis about crime in every State income is $ 48,668 and the Palm,... Us cities 2,762 per month and it has a population of 110,271 less than national... For a nutritionally adequate diet of food purchased at a grocery store at-home... 27.50 % of commuters nationwide lower cost alternative to homeownership national renter rate $ 178,000 29. 178,000, 29 % below national median monthly rent need to earn to keep your standard. Published detailed cost of living index that 's 1.0x lower than the %! Sometimes lower cost alternative to homeownership sometimes lower cost alternative to homeownership biggest in. And travel … the cost of living and salary differentials State to State or palm bay, florida cost of living US. 'S Relocation Assessor are located within 15 miles of Palm Bay, FL approximately $ 550 per...., groceries, utilities and more leave a comment: your name: Sign in 3.4 % higher than national. In many ethnicities, beliefs, and spoken languages sample of data available in ERI Economic Research Institute 's Assessor! Living comparison of Tampa, Florida ’ s cost of living is 89.9 housing one. Is 9 % lower than Florida 's index of 99 pricing data of the largest determinants of affordability... Renter in Palm Bay is 5 % lower than the national average of Florida is essentially the same type job... Is 18 % higher than the national average two children averages $ 15,853 year!

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