What is the cost of living in Palmetto Estates, FL?
According to the most recent data on the cost of living, Palmetto Estates has an overall cost of living index of 114, which is 1.1x higher than the national index of 100.
Compared to Florida, Palmetto Estates has a cost of living index that's 1.1x higher than Florida's index of 104.
The standard of living in Palmetto Estates ranks as #277 most affordable out of the 462 places we measured in Florida. By definition, that implies Palmetto Estates ranks as the #185 most expensive place in the Sunshine State.
For more reading on life in Palmetto Estates, check out:
Palmetto Estates Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Palmetto Estates. Here is how it fares on each of the criteria:
The Services index in Palmetto Estates is 100.
The Groceries index in Palmetto Estates is 103.
The Health index in Palmetto Estates is 147.
The Housing index in Palmetto Estates is 103.
The Transportation index in Palmetto Estates is 105.
The Utilities index in Palmetto Estates is 103.
| Living Expense | Palmetto Estates | Florida | National Average |
|---|---|---|---|
| Overall | 114 | 104 | 100 |
| Services | 100 | 101 | 100 |
| Groceries | 103 | 105 | 100 |
| Health | 147 | 99 | 100 |
| Housing | 103 | 104 | 100 |
| Transportation | 105 | 109 | 100 |
| Utilities | 103 | 105 | 100 |
Palmetto Estates 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 Palmetto Estates Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Palmetto Estates, 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 Palmetto Estates is $466,594.
The Median Rent in Palmetto Estates is $1,948.
The Median Income in Palmetto Estates is $82,064.
The Home Value To Income in Palmetto Estates is 5.7x.
The Rent To Monthly Income in Palmetto Estates is 0.28x.
| Statistic | Palmetto Estates | Florida | United States |
|---|---|---|---|
| Median Home Value | $466,594 | $375,661 | $332,700 |
| Median Rent | $1,948 | $1,669 | $1,413 |
| Median Income | $82,064 | $74,568 | $80,734 |
| Home Value To Income | 5.7x | 5.0x | 4.1x |
| Rent To Monthly Income | 0.28x | 0.27x | 0.21x |
Palmetto Estates, FL Costs By Category
Detailed Palmetto Estates Services costs vs. Florida
| Item | Palmetto Estates | Florida |
|---|---|---|
| Shampoo | $1.53 | $1.28 |
| Movie | $14.35 | $12.13 |
| Bowling | $23.67 | $18 |
| Haircut | $20.53 | $24.26 |
| Beauty Salon | $88.07 | $45.56 |
Detailed Palmetto Estates Groceries costs vs. Florida
| Item | Palmetto Estates | Florida |
|---|---|---|
| Ground Beef | $6.11 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.6 | $4.67 |
| Potatoes | $5.24 | $4.93 |
| Pizza | $14.13 | $12.09 |
| Beer | $11.44 | $10.41 |
| Toothpaste | $3.51 | $3.7 |
Detailed Palmetto Estates Health costs vs. Florida
| Item | Palmetto Estates | Florida |
|---|---|---|
| Optometrist | $98.49 | $125.68 |
| Doctor | $127.08 | $135.78 |
| Dentist | $107.83 | $113.29 |
Detailed Palmetto Estates Transportation costs vs. Florida
| Item | Palmetto Estates | Florida |
|---|---|---|
| Gasoline | $3.49 | $3.46 |
| Tire Balancing | $64.09 | $59.92 |
Detailed Palmetto Estates Utilities costs vs. Florida
| Item | Palmetto Estates | Florida |
|---|---|---|
| All Electricity | $200.94 | $193.99 |
| Phone | $194.37 | $192.25 |
Palmetto Estates SnackAbility
Cost Of Living In Cities Around Palmetto Estates
The cost of living varies in the cities and towns around Palmetto Estates. Here's a quick look at the cost of living in the most populous nearby places:
Kendall, FL has a cost of living index of 129, 1.1x Palmetto Estates.
Kendale Lakes, FL has a cost of living index of 120, 1.1x Palmetto Estates.
Coral Gables, FL has a cost of living index of 191, 1.7x Palmetto Estates.
| City | Population | Cost Of Living | Vs. Palmetto Estates |
|---|---|---|---|
| Kendall, FL | 79,562 | 129 | 1.1x |
| Kendale Lakes, FL | 52,622 | 120 | 1.1x |
| Coral Gables, FL | 49,802 | 191 | 1.7x |
| Tamiami, FL | 49,752 | 126 | 1.1x |
| Cutler Bay, FL | 45,070 | 123 | 1.1x |
| South Miami Heights, FL | 38,766 | 114 | 1.0x |
| Richmond West, FL | 35,593 | 133 | 1.2x |
| Coral Terrace, FL | 24,895 | 128 | 1.1x |
| Palmetto Bay, FL | 24,639 | 154 | 1.4x |
| The Crossings, FL | 22,963 | 126 | 1.1x |
