Cost of Living in Palm Shores, FL

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

Cost of Living Overview

Overall Index

127.1

100 = national avg

+27.1 vs national average

Living Wage (1 Adult)

$55,920

per year

Living Wage (Family of 4)

$132,174

per year

Cost Index by Category

Housing
134.3
Food
116.2
Transportation
132.3
Healthcare
112.9
Utilities
116.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,478

per month

2 Bedroom

$1,709

per month

The overall cost of living index in Palm Shores is 127.1, which is 27.1% above the national average. Housing costs are above the national average at an index of 134.3. A single adult needs to earn approximately $55,920 per year to cover basic expenses.