Cost of Living in Palm River-Clair Mel, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
114.2
100 = national avg
+14.2 vs national average
Living Wage (1 Adult)
$50,258
per year
Living Wage (Family of 4)
$118,792
per year
Cost Index by Category
Housing139.8
Food98.1
Transportation103.9
Healthcare98.5
Utilities106.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,696
per month
2 Bedroom
$1,977
per month
The overall cost of living index in Palm River-Clair Mel is 114.2, which is 14.2% above the national average. Housing costs are above the national average at an index of 139.8. A single adult needs to earn approximately $50,258 per year to cover basic expenses.