Cost of Living in West Palm Beach, FL

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

Cost of Living Overview

Overall Index

134.7

100 = national avg

+34.7 vs national average

Living Wage (1 Adult)

$59,263

per year

Living Wage (Family of 4)

$140,075

per year

Cost Index by Category

Housing
186.7
Food
102.9
Transportation
105.9
Healthcare
102.4
Utilities
119.1

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 West Palm Beach is 134.7, which is 34.7% above the national average. Housing costs are above the national average at an index of 186.7. A single adult needs to earn approximately $59,263 per year to cover basic expenses.