According to the most recent data on the cost of living, Royal Palm Beach has an overall cost of living index of 112 which is 1.1x higher than the national index of 100.
Compared to only Florida, Royal Palm Beach has a cost of living index that's 1.1x higher than Florida's index of 98.
The standard of living in Royal Palm Beach ranks as #4,298 most affordable out of the 6,418 places we measured in Florida. By definition, that implies Royal Palm Beach ranks as the #2,121 most expensive place in the Sunshine State.
Living Expense | Royal Palm Beach | Florida | National Average | |
---|---|---|---|---|
Overall | 112 | 98 | 100 | |
Services | 100 | 99 | 100 | |
Groceries | 115 | 107 | 100 | |
Health | 105 | 98 | 100 | |
Housing | 126 | 96 | 100 | |
Transportation | 112 | 102 | 100 | |
Utilities | 98 | 106 | 100 |
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.
Statistic | Royal Palm Beach | Florida | United States |
---|---|---|---|
Median Home Value | $284,600 | $232,000 | $229,800 |
Median Rent | $1,708 | $1,218 | $1,096 |
Median Income | $83,636 | $57,703 | $64,994 |
Home Value To Income | 3.4x | 4.0x | 3.5x |
Rent To Monthly Income | 0.25x | 0.25x | 0.2x |
Item | Royal Palm Beach | Florida |
---|---|---|
Shampoo | $1.07 | $1.06 |
Movie | $11.82 | $10.68 |
Bowling | $20.88 | $14.67 |
Item | Royal Palm Beach | Florida |
---|---|---|
Ground Beef | $4.66 | $4.22 |
Fried Chicken | $1.62 | $1.39 |
Milk | $2.96 | $2.05 |
Item | Royal Palm Beach | Florida |
---|---|---|
Haircut | $14.47 | $18.62 |
Beauty Salon | $65.03 | $39.05 |
Toothpaste | $2.04 | $2.34 |
Item | Royal Palm Beach | Florida |
---|---|---|
Potatoes | $4.99 | $3.29 |
Pizza | $8.99 | $10.62 |
Beer | $10.84 | $9.38 |
Optometrist | $135.56 | $108.57 |
Doctor | $102.25 | $116.17 |
Dentist | $106.04 | $99.13 |
Item | Royal Palm Beach | Florida |
---|---|---|
Gasoline | $2.24 | $2.22 |
Tire Balancing | $63.76 | $50.07 |
All Electricity | $162.2 | $167.67 |
Phone | $188.17 | $175.64 |
City | Population | Cost Of Living | Vs. Royal Palm Beach |
---|---|---|---|
West Palm Beach, FL | 111,006 | 107 | 1.0x |
Boynton Beach, FL | 78,060 | 102 | 0.9x |
Jupiter, FL | 65,139 | 123 | 1.1x |
Wellington, FL | 64,990 | 125 | 1.1x |
Palm Beach Gardens, FL | 56,979 | 122 | 1.1x |
Greenacres, FL | 41,242 | 98 | 0.9x |
The Acreage, FL | 39,863 | 115 | 1.0x |
Palm Springs, FL | 25,168 | 96 | 0.9x |
North Palm Beach, FL | 13,090 | 116 | 1.0x |
Jupiter Farms, FL | 13,045 | 126 | 1.1x |