Palmetto Estates, FL Cost Of Living

Demographics | Cost Of Living
Updated: 2021-02-06
105
Palmetto Estates's Overall Cost Of Living
1.1x
Higher Than The National Average
319 out of 458
In Florida
3,704 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Palmetto Estates is expensive, while a number below 100 means it's a relatively cheap place to live.

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 105 which is 1.1x higher than the national index of 100.

Compared to only Florida, Palmetto Estates has a cost of living index that's 1.1x higher than Florida's index of 99.

The standard of living in Palmetto Estates ranks as #3,705 most affordable out of the 6,522 places we measured in Florida. By definition, that implies Palmetto Estates ranks as the #2,702 most expensive place in the Sunshine State.

For more reading on life in Palmetto Estates, check out:

Palmetto Estates Cost Of Living Vs. Florida

Living Expense Palmetto Estates Florida National Average
Overall 105 99 100
Services 99 99 100
Groceries 111 105 100
Health 107 100 100
Housing 108 96 100
Transportation 112 98 100
Utilities 98 102 100
For more reading on cost of living around Florida, check out:
Palmetto Estates Cost of Living Vs. FL

Palmetto Estates, FL Housing Cost Breakdown

Housing swings affordability the most between places in Florida, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$236,000
Median Home Value
$1,519
Median Rent
$62,910
Median Income
Statistic Palmetto Estates Florida United States
Median Home Value $236,000 $215,300 $217,500
Median Rent $1,519 $1,175 $1,062
Median Income $62,910 $55,660 $62,843
Home Value To Income 3.8x 3.9x 3.5x
Rent To Monthly Income 0.29x 0.25x 0.2x

Detailed Palmetto Estates Services Costs Vs. Florida

Item Palmetto Estates Florida
Shampoo $1.25 $1.01
Movie $13.77 $10.72
Bowling $22.83 $13.86

Detailed Palmetto Estates Groceries Costs Vs. Florida

Item Palmetto Estates Florida
Ground Beef $4.83 $3.9
Fried Chicken $1.61 $1.4
Milk $2.75 $1.96

Detailed Palmetto Estates Health Costs Vs. Florida

Item Palmetto Estates Florida
Haircut $13.88 $17.49
Beauty Salon $58.6 $38.17
Toothpaste $2.12 $2.32

Detailed Palmetto Estates Transportation Costs Vs. Florida

Item Palmetto Estates Florida
Potatoes $3.87 $3.18
Pizza $8.99 $10.39
Beer $10.23 $9.23
Optometrist $115.8 $106.34
Doctor $106.25 $115.25
Dentist $116.2 $98.38

Detailed Palmetto Estates Utilities Costs Vs. Florida

Item Palmetto Estates Florida
Gasoline $2.57 $2.59
Tire Balancing $67.2 $48.9
All Electricity $158.03 $167.6
Phone $185.34 $163.42

Palmetto Estates SnackAbility

6
/10
Overall SnackAbility
Jobs
7/10
Housing
8.5
Affordability
4
Diversity
9.5
Safety
N/A
Amenities
9
Education
6
Commute
3

Cost Of Living In Cities Around Palmetto Estates

City Population Cost Of Living Vs. Palmetto Estates
Kendall, FL 75,312 120 1.1x
Tamiami, FL 56,225 112 1.1x
Kendale Lakes, FL 56,182 107 1.0x
Coral Gables, FL 50,226 165 1.6x
Cutler Bay, FL 44,222 110 1.0x
Richmond West, FL 37,486 114 1.1x
South Miami Heights, FL 37,119 101 1.0x
Coral Terrace, FL 25,387 115 1.1x
Palmetto Bay, FL 24,333 137 1.3x
The Crossings, FL 22,441 115 1.1x

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