What is the cost of living in Royal Palm Beach, FL?
According to the most recent data on the cost of living, Royal Palm Beach has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to Florida, Royal Palm Beach has a cost of living index that's 1.1x higher than Florida's index of 104.
The standard of living in Royal Palm Beach ranks as #329 most affordable out of the 462 places we measured in Florida. By definition, that implies Royal Palm Beach ranks as the #133 most expensive place in the Sunshine State.
For more reading on life in Royal Palm Beach, check out:
Royal Palm Beach Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Royal Palm Beach. Here is how it fares on each of the criteria:
The Services index in Royal Palm Beach is 103.
The Groceries index in Royal Palm Beach is 106.
The Health index in Royal Palm Beach is 161.
The Housing index in Royal Palm Beach is 101.
The Transportation index in Royal Palm Beach is 111.
The Utilities index in Royal Palm Beach is 107.
| Living Expense | Royal Palm Beach | Florida | National Average |
|---|---|---|---|
| Overall | 119 | 104 | 100 |
| Services | 103 | 101 | 100 |
| Groceries | 106 | 105 | 100 |
| Health | 161 | 99 | 100 |
| Housing | 101 | 104 | 100 |
| Transportation | 111 | 109 | 100 |
| Utilities | 107 | 105 | 100 |
Royal Palm Beach 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 Royal Palm Beach Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Royal Palm Beach, 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 Royal Palm Beach is $481,809.
The Median Rent in Royal Palm Beach is $2,273.
The Median Income in Royal Palm Beach is $96,027.
The Home Value To Income in Royal Palm Beach is 5.0x.
The Rent To Monthly Income in Royal Palm Beach is 0.28x.
| Statistic | Royal Palm Beach | Florida | United States |
|---|---|---|---|
| Median Home Value | $481,809 | $375,661 | $332,700 |
| Median Rent | $2,273 | $1,669 | $1,413 |
| Median Income | $96,027 | $74,568 | $80,734 |
| Home Value To Income | 5.0x | 5.0x | 4.1x |
| Rent To Monthly Income | 0.28x | 0.27x | 0.21x |
Royal Palm Beach, FL Costs By Category
Detailed Royal Palm Beach Services costs vs. Florida
| Item | Royal Palm Beach | Florida |
|---|---|---|
| Shampoo | $1.49 | $1.28 |
| Movie | $13.42 | $12.13 |
| Bowling | $23.13 | $18 |
| Haircut | $22.18 | $24.26 |
| Beauty Salon | $73.78 | $45.56 |
Detailed Royal Palm Beach Groceries costs vs. Florida
| Item | Royal Palm Beach | Florida |
|---|---|---|
| Ground Beef | $5.79 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.58 | $4.67 |
| Potatoes | $5.27 | $4.93 |
| Pizza | $14.0 | $12.09 |
| Beer | $11.23 | $10.41 |
| Toothpaste | $3.5 | $3.7 |
Detailed Royal Palm Beach Health costs vs. Florida
| Item | Royal Palm Beach | Florida |
|---|---|---|
| Optometrist | $113.16 | $125.68 |
| Doctor | $114.67 | $135.78 |
| Dentist | $106.72 | $113.29 |
Detailed Royal Palm Beach Transportation costs vs. Florida
| Item | Royal Palm Beach | Florida |
|---|---|---|
| Gasoline | $3.43 | $3.46 |
| Tire Balancing | $63.46 | $59.92 |
Detailed Royal Palm Beach Utilities costs vs. Florida
| Item | Royal Palm Beach | Florida |
|---|---|---|
| All Electricity | $200.94 | $193.99 |
| Phone | $194.37 | $192.25 |
Royal Palm Beach SnackAbility
Cost Of Living In Cities Around Royal Palm Beach
The cost of living varies in the cities and towns around Royal Palm Beach. Here's a quick look at the cost of living in the most populous nearby places:
West Palm Beach, FL has a cost of living index of 117, 1.0x Royal Palm Beach.
Boynton Beach, FL has a cost of living index of 114, 1.0x Royal Palm Beach.
Wellington, FL has a cost of living index of 141, 1.2x Royal Palm Beach.
| City | Population | Cost Of Living | Vs. Royal Palm Beach |
|---|---|---|---|
| West Palm Beach, FL | 122,290 | 117 | 1.0x |
| Boynton Beach, FL | 81,435 | 114 | 1.0x |
| Wellington, FL | 62,146 | 141 | 1.2x |
| Jupiter, FL | 61,883 | 132 | 1.1x |
| Palm Beach Gardens, FL | 60,959 | 138 | 1.2x |
| Greenacres, FL | 44,373 | 107 | 0.9x |
| The Acreage, FL | 40,843 | 129 | 1.1x |
| Palm Springs, FL | 27,356 | 101 | 0.8x |
| North Palm Beach, FL | 13,238 | 130 | 1.1x |
| Jupiter Farms, FL | 12,945 | 135 | 1.1x |
