Cost of Living in Palm City, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
185.6
100 = national avg
+85.6 vs national average
Living Wage (1 Adult)
$81,670
per year
Living Wage (Family of 4)
$193,038
per year
Cost Index by Category
Housing235.3
Food140.0
Transportation179.9
Healthcare132.0
Utilities151.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,467
per month
2 Bedroom
$1,757
per month
The overall cost of living index in Palm City is 185.6, which is 85.6% above the national average. Housing costs are above the national average at an index of 235.3. A single adult needs to earn approximately $81,670 per year to cover basic expenses.