Cost of Living in Palmona Park, FL

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

Cost of Living Overview

Overall Index

91.5

100 = national avg

-8.5 vs national average

Living Wage (1 Adult)

$40,260

per year

Living Wage (Family of 4)

$95,160

per year

Cost Index by Category

Housing
142.3
Food
72.9
Transportation
45.7
Healthcare
78.3
Utilities
92.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,638

per month

2 Bedroom

$1,961

per month

The overall cost of living index in Palmona Park is 91.5, which is 8.5% below the national average. Housing costs are above the national average at an index of 142.3. A single adult needs to earn approximately $40,260 per year to cover basic expenses.