CostIndexUSA

Little Rock, AR vs Palm Bay, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableAR
Little Rock
89.4
overall index
$1,200/mo rent
FL
Palm Bay
100
overall index
$1,875/mo rent

Little Rock is moderately cheaper than Palm Bay — 11.9% lower overall cost of living.

To match an $80,000 salary in Little Rock, you would need $89,500 in Palm Bay. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+63.5%
Little Rock
68.3
Palm Bay
111.7
🛒 Groceries+2.8%
Little Rock
93.6
Palm Bay
96.2
🚗 Transportation+3.7%
Little Rock
100.1
Palm Bay
103.8
🏥 Healthcare+3.8%
Little Rock
90.5
Palm Bay
93.9
Utilities+18.1%
Little Rock
74.6
Palm Bay
88.1

Salary Equivalency Calculator

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

$
Equivalent salary in Palm Bay, FL
$89,500
$9,500 more needed in Palm Bay

Formula: salary × (100 ÷ 89.4) = salary × 1.1186. Based on BEA Regional Price Parities.

Housing Market

Little Rock, AR

Median Home Price
$222,000
Median Monthly Rent
$1,200
Housing Index
68.3
Price-to-Rent Ratio
15.4×

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 63.5% higher housing costs compared to Little Rock.

Income & Job Market

Little Rock, AR

Median Household Income
$66,200
Per Capita Income
$37,700
Unemployment Rate
3.4%
Population
202,591
Top Industries
GovernmentHealthcareRetailFinanceManufacturing

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).

Little Rock, AR
4.6×income-to-rent ratio

78% 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.