CostIndexUSA

Greenville, SC vs Palm Bay, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableSC
Greenville
93.3
overall index
$1,550/mo rent
FL
Palm Bay
100
overall index
$1,875/mo rent

Greenville is moderately cheaper than Palm Bay — 7.2% lower overall cost of living.

To match an $80,000 salary in Greenville, you would need $85,700 in Palm Bay. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+45.4%
Greenville
76.8
Palm Bay
111.7
🛒 Groceries≈ Equal
Greenville
96.3
Palm Bay
96.2
🚗 Transportation+0.6%
Greenville
103.2
Palm Bay
103.8
🏥 Healthcare≈ Equal
Greenville
93.4
Palm Bay
93.9
Utilities0.8%
Greenville
88.8
Palm Bay
88.1

Salary Equivalency Calculator

Enter your current salary in Greenville to see what you'd need to earn in Palm Bay to maintain the same purchasing power.

$
Equivalent salary in Palm Bay, FL
$85,700
$5,700 more needed in Palm Bay

Formula: salary × (100 ÷ 93.3) = salary × 1.0718. Based on BEA Regional Price Parities.

Housing Market

Greenville, SC

Median Home Price
$303,000
Median Monthly Rent
$1,550
Housing Index
76.8
Price-to-Rent Ratio
16.3×

Palm Bay, FL

Median Home Price
$336,000
Median Monthly Rent
$1,875
Housing Index
111.7
Price-to-Rent Ratio
14.9×

Palm Bay has 45.4% higher housing costs compared to Greenville.

Income & Job Market

Greenville, SC

Median Household Income
$69,400
Per Capita Income
$39,600
Unemployment Rate
3.5%
Population
72,885
Top Industries
ManufacturingHealthcareTechnologyAutomotiveFinance

Palm Bay, FL

Median Household Income
$78,600
Per Capita Income
$44,800
Unemployment Rate
5.1%
Population
119,760
Top Industries
AerospaceHealthcareTechnologyManufacturingRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Greenville, SC
3.7×income-to-rent ratio

73% of income left after rent (median)

Palm Bay, FL
3.5×income-to-rent ratio

71% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.