Palm Coast, FL Cost Of Living
Cost Of Living In Palm Coast, FL Summary
Cost of living in Palm Coast research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Palm Coast is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Florida, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Palm Coast is 99, with 100 being the average.
The cost of living index in Palm Coast is 1.0x lower than the national average.
Palm Coast ranks as the #231 cheapest in Florida out of 459.
Palm Coast ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Palm Coast is $238,700.
The median income in Palm Coast is $61,847.
Table Of Contents
Palm Coast's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Palm Coast, FL?
According to the most recent data on the cost of living, Palm Coast has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Florida, Palm Coast has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Palm Coast ranks as #231 most affordable out of the 459 places we measured in Florida. By definition, that implies Palm Coast ranks as the #228 most expensive place in the Sunshine State.
For more reading on life in Palm Coast, check out:
- Living In Palm Coast
- Search Homes For Sale In Palm Coast, FL
In Florida
In America
Palm Coast Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Palm Coast. Here is how it fairs on each of the criteria:
The Services index in Palm Coast is 94.
The Groceries index in Palm Coast is 100.
The Health index in Palm Coast is 92.
The Housing index in Palm Coast is 99.
The Transportation index in Palm Coast is 94.
The Utilities index in Palm Coast is 115.
| Living Expense | Palm Coast | Florida | National Average | |
|---|---|---|---|---|
| Overall | 99 | 101 | 100 | |
| Services | 94 | 98 | 100 | |
| Groceries | 100 | 101 | 100 | |
| Health | 92 | 96 | 100 | |
| Housing | 99 | 108 | 100 | |
| Transportation | 94 | 98 | 100 | |
| Utilities | 115 | 100 | 100 | |
Palm Coast, FL Housing Cost Breakdown
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Palm Coast is $238,700.
The Median Rent in Palm Coast is $1,461.
The Median Income in Palm Coast is $61,847.
The Home Value To Income in Palm Coast is 3.9x.
The Rent To Monthly Income in Palm Coast is 0.28x.
| Statistic | Palm Coast | Florida | United States |
|---|---|---|---|
| Median Home Value | $238,700 | $248,700 | $244,900 |
| Median Rent | $1,461 | $1,301 | $1,163 |
| Median Income | $61,847 | $61,777 | $69,021 |
| Home Value To Income | 3.9x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.28x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Palm Coast, FL Costs By Category
Detailed Palm Coast Services Costs Vs. Florida
| Item | Palm Coast | Florida |
|---|---|---|
| Shampoo | $1.02 | $1.06 |
| Movie | $10.49 | $10.68 |
| Bowling | $12.05 | $14.67 |
| Haircut | $17.55 | $18.62 |
| Beauty Salon | $36.41 | $39.05 |
Detailed Palm Coast Groceries Costs Vs. Florida
| Item | Palm Coast | Florida |
|---|---|---|
| Ground Beef | $5.25 | $4.22 |
| Fried Chicken | $1.08 | $1.39 |
| Milk | $3.08 | $2.05 |
| Potatoes | $4.24 | $3.29 |
| Pizza | $8.91 | $10.62 |
| Beer | $10.22 | $9.38 |
| Toothpaste | $2.43 | $2.34 |
Detailed Palm Coast Health Costs Vs. Florida
| Item | Palm Coast | Florida |
|---|---|---|
| Optometrist | $55.25 | $108.57 |
| Doctor | $92.5 | $116.17 |
| Dentist | $105.75 | $99.13 |
Detailed Palm Coast Transportation Costs Vs. Florida
| Item | Palm Coast | Florida |
|---|---|---|
| Gasoline | $2.22 | $2.22 |
| Tire Balancing | $39.59 | $50.07 |
Detailed Palm Coast Utilities Costs Vs. Florida
| Item | Palm Coast | Florida |
|---|---|---|
| All Electricity | $214.52 | $167.67 |
| Phone | $188.47 | $175.64 |
Palm Coast SnackAbility
/10
Cost Of Living In Cities Around Palm Coast
The cost of living varies in the cities and towns around Palm Coast. Here's a quick look at the cost of living in the most populous nearby places:
Deltona, FL has a cost of living index of 92, 0.9x Palm Coast.
Port Orange, FL has a cost of living index of 93, 0.9x Palm Coast.
Ormond Beach, FL has a cost of living index of 97, 1.0x Palm Coast.
| City | Population | Cost Of Living | Vs. Palm Coast |
|---|---|---|---|
| Deltona, FL | 93,464 | 92 | 0.9x |
| Port Orange, FL | 62,197 | 93 | 0.9x |
| Ormond Beach, FL | 42,707 | 97 | 1.0x |
| Fruit Cove, FL | 34,469 | 115 | 1.2x |
| Fleming Island, FL | 29,505 | 105 | 1.1x |
| Edgewater, FL | 22,952 | 91 | 0.9x |
| DeBary, FL | 22,015 | 95 | 1.0x |
| Palm Valley, FL | 20,115 | 122 | 1.2x |
| St. Augustine, FL | 13,994 | 102 | 1.0x |
| South Daytona, FL | 12,984 | 90 | 0.9x |
