Cost of Living in Palmer Ranch, FL

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

Cost of Living Overview

Overall Index

167.8

100 = national avg

+67.8 vs national average

Living Wage (1 Adult)

$73,854

per year

Living Wage (Family of 4)

$174,564

per year

Cost Index by Category

Housing
230.1
Food
129.2
Transportation
116.4
Healthcare
123.4
Utilities
143.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,686

per month

2 Bedroom

$1,958

per month

The overall cost of living index in Palmer Ranch is 167.8, which is 67.8% above the national average. Housing costs are above the national average at an index of 230.1. A single adult needs to earn approximately $73,854 per year to cover basic expenses.