Cost of Living in Palm Springs, CA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
142.3
100 = national avg
+42.3 vs national average
Living Wage (1 Adult)
$62,620
per year
Living Wage (Family of 4)
$148,011
per year
Cost Index by Category
Housing209.9
Food105.0
Transportation91.3
Healthcare104.0
Utilities125.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,777
per month
2 Bedroom
$2,201
per month
The overall cost of living index in Palm Springs is 142.3, which is 42.3% above the national average. Housing costs are above the national average at an index of 209.9. A single adult needs to earn approximately $62,620 per year to cover basic expenses.