Cost of Living in Palatka, FL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

71.9

100 = national avg

-28.1 vs national average

Living Wage (1 Adult)

$31,618

per year

Living Wage (Family of 4)

$74,733

per year

Cost Index by Category

Housing
82.4
Food
75.7
Transportation
51.4
Healthcare
80.6
Utilities
81.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$880

per month

2 Bedroom

$1,155

per month

The overall cost of living index in Palatka is 71.9, which is 28.1% below the national average. Housing costs are below the national average at an index of 82.4. A single adult needs to earn approximately $31,618 per year to cover basic expenses.