What is the cost of living in Palm City, FL?
According to the most recent data on the cost of living, Palm City has an overall cost of living index of 137, which is 1.4x higher than the national index of 100.
Compared to Florida, Palm City has a cost of living index that's 1.3x higher than Florida's index of 104.
The standard of living in Palm City ranks as #422 most affordable out of the 462 places we measured in Florida. By definition, that implies Palm City ranks as the #40 most expensive place in the Sunshine State.
For more reading on life in Palm City, check out:
Palm City Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Palm City. Here is how it fares on each of the criteria:
The Services index in Palm City is 100.
The Groceries index in Palm City is 103.
The Health index in Palm City is 207.
The Housing index in Palm City is 106.
The Transportation index in Palm City is 109.
The Utilities index in Palm City is 110.
| Living Expense | Palm City | Florida | National Average |
|---|---|---|---|
| Overall | 137 | 104 | 100 |
| Services | 100 | 101 | 100 |
| Groceries | 103 | 105 | 100 |
| Health | 207 | 99 | 100 |
| Housing | 106 | 104 | 100 |
| Transportation | 109 | 109 | 100 |
| Utilities | 110 | 105 | 100 |
Palm City Cost Of Living Compared To Florida Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Florida, check out:
Protect your home budget Compare home warranties in Palm City Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Palm City, 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 2020-2024. The key points are:
The Median Home Value in Palm City is $613,041.
The Median Rent in Palm City is $2,013.
The Median Income in Palm City is $125,820.
The Home Value To Income in Palm City is 4.9x.
The Rent To Monthly Income in Palm City is 0.19x.
