Housing costs in Palm Beach?
A typical home costs
$1,807,100, which is 434.5% more expensive than the national average of
$338,100 and 398.6% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Palm Beach costs
$2,270 per month, which is 58.7% more than the national average of
$1,430 and 31.3% more than the state average of
$1,560.
Can I afford Palm Beach?
To live comfortably in Palm Beach, Florida, a minimum annual income of
$346,320 for a family, and
$74,000 for a single person is recommended.
What does A.I. say about Palm Beach?
The cost of living in Palm Beach, FL is quite high. The median home price in the city is around $650,000, while the median rent for a two-bedroom apartment hovers around $1,700 per month. Additionally, utilities are pricey and the overall cost of goods and services can be quite costly as well. However, this high cost of living is balanced by the city's strong economy and a wide range of job opportunities that are available to those who live in Palm Beach.