Cost of Living in Royal Palm Beach, FL

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

Cost of Living Overview

Overall Index

161.9

100 = national avg

+61.9 vs national average

Living Wage (1 Adult)

$71,255

per year

Living Wage (Family of 4)

$168,422

per year

Cost Index by Category

Housing
217.8
Food
120.6
Transportation
141.2
Healthcare
116.5
Utilities
135.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,901

per month

2 Bedroom

$2,254

per month

The overall cost of living index in Royal Palm Beach is 161.9, which is 61.9% above the national average. Housing costs are above the national average at an index of 217.8. A single adult needs to earn approximately $71,255 per year to cover basic expenses.