Palm River-Clair Mel, FL Cost Of Living
Cost Of Living In Palm River-Clair Mel, FL Summary
Cost of living in Palm River-Clair Mel 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 River-Clair Mel 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 River-Clair Mel is 96, with 100 being the average.
The cost of living index in Palm River-Clair Mel is 1.0x lower than the national average.
Palm River-Clair Mel ranks as the #100 cheapest in Florida out of 459.
Palm River-Clair Mel ranks as the #2,104 cheapest out of 6,489 in the US.
The median home value in Palm River-Clair Mel is $283,205.
The median income in Palm River-Clair Mel is $62,976.
Table Of Contents
Palm River-Clair Mel's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Palm River-Clair Mel, FL?
According to the most recent data on the cost of living, Palm River-Clair Mel has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Florida, Palm River-Clair Mel has a cost of living index that's 1.0x lower than Florida's index of 97.
The standard of living in Palm River-Clair Mel ranks as #100 most affordable out of the 459 places we measured in Florida. By definition, that implies Palm River-Clair Mel ranks as the #359 most expensive place in the Sunshine State.
For more reading on life in Palm River-Clair Mel, check out:
In Florida
In America
Palm River-Clair Mel Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Palm River-Clair Mel. Here is how it fairs on each of the criteria:
The Services index in Palm River-Clair Mel is 93.
The Groceries index in Palm River-Clair Mel is 99.
The Health index in Palm River-Clair Mel is 91.
The Housing index in Palm River-Clair Mel is 91.
The Transportation index in Palm River-Clair Mel is 102.
The Utilities index in Palm River-Clair Mel is 99.
| Living Expense | Palm River-Clair Mel | Florida | National Average | |
|---|---|---|---|---|
| Overall | 96 | 97 | 100 | |
| Services | 93 | 96 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 91 | 98 | 100 | |
| Housing | 91 | 96 | 100 | |
| Transportation | 102 | 97 | 100 | |
| Utilities | 99 | 95 | 100 | |
Palm River-Clair Mel, 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 2019-2023. The key points are:
The Median Home Value in Palm River-Clair Mel is $283,205.
The Median Rent in Palm River-Clair Mel is $1,439.
The Median Income in Palm River-Clair Mel is $62,976.
The Home Value To Income in Palm River-Clair Mel is 4.5x.
The Rent To Monthly Income in Palm River-Clair Mel is 0.27x.
| Statistic | Palm River-Clair Mel | Florida | United States |
|---|---|---|---|
| Median Home Value | $283,205 | $377,066 | $303,400 |
| Median Rent | $1,439 | $1,564 | $1,348 |
| Median Income | $62,976 | $71,711 | $78,538 |
| Home Value To Income | 4.5x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.27x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
Palm River-Clair Mel, FL Costs By Category
Detailed Palm River-Clair Mel Services Costs Vs. Florida
| Item | Palm River-Clair Mel | Florida |
|---|---|---|
| Shampoo | $1.48 | $1.28 |
| Movie | $8.61 | $12.13 |
| Bowling | $19.67 | $18 |
| Haircut | $15.67 | $24.26 |
| Beauty Salon | $54.72 | $45.56 |
Detailed Palm River-Clair Mel Groceries Costs Vs. Florida
| Item | Palm River-Clair Mel | Florida |
|---|---|---|
| Ground Beef | $6.06 | $5.84 |
| Fried Chicken | $1.48 | $1.57 |
| Milk | $4.56 | $4.67 |
| Potatoes | $5.34 | $4.93 |
| Pizza | $8.38 | $12.09 |
| Beer | $10.69 | $10.41 |
| Toothpaste | $3.67 | $3.7 |
Detailed Palm River-Clair Mel Health Costs Vs. Florida
| Item | Palm River-Clair Mel | Florida |
|---|---|---|
| Optometrist | $146.67 | $125.68 |
| Doctor | $122.32 | $135.78 |
| Dentist | $103.33 | $113.29 |
Detailed Palm River-Clair Mel Transportation Costs Vs. Florida
| Item | Palm River-Clair Mel | Florida |
|---|---|---|
| Gasoline | $3.42 | $3.46 |
| Tire Balancing | $57.28 | $59.92 |
Detailed Palm River-Clair Mel Utilities Costs Vs. Florida
| Item | Palm River-Clair Mel | Florida |
|---|---|---|
| All Electricity | $219.66 | $193.99 |
| Phone | $194.37 | $192.25 |
Palm River-Clair Mel SnackAbility
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Cost Of Living In Cities Around Palm River-Clair Mel
The cost of living varies in the cities and towns around Palm River-Clair Mel. Here's a quick look at the cost of living in the most populous nearby places:
Tampa, FL has a cost of living index of 107, 1.1x Palm River-Clair Mel.
Brandon, FL has a cost of living index of 103, 1.1x Palm River-Clair Mel.
Riverview, FL has a cost of living index of 106, 1.1x Palm River-Clair Mel.
| City | Population | Cost Of Living | Vs. Palm River-Clair Mel |
|---|---|---|---|
| Tampa, FL | 393,389 | 107 | 1.1x |
| Brandon, FL | 116,365 | 103 | 1.1x |
| Riverview, FL | 107,776 | 106 | 1.1x |
| Valrico, FL | 38,820 | 109 | 1.1x |
| Carrollwood, FL | 35,645 | 110 | 1.1x |
| East Lake-Orient Park, FL | 29,064 | 95 | 1.0x |
| Citrus Park, FL | 28,163 | 113 | 1.2x |
| Temple Terrace, FL | 26,922 | 103 | 1.1x |
| Lutz, FL | 26,731 | 119 | 1.2x |
| Keystone, FL | 26,723 | 131 | 1.4x |
