CostIndexUSA

Orlando, FL vs Palm Bay, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

FL
Orlando
101.4
overall index
$1,925/mo rent
More AffordableFL
Palm Bay
100
overall index
$1,875/mo rent

Palm Bay is slightly cheaper than Orlando — 1.4% lower overall cost of living.

To match an $80,000 salary in Orlando, you would need $78,900 in Palm Bay. Calculate your salary ↓

Category Breakdown

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

🏠 Housing9.5%
Orlando
123.4
Palm Bay
111.7
🛒 Groceries≈ Equal
Orlando
96.2
Palm Bay
96.2
🚗 Transportation≈ Equal
Orlando
103.8
Palm Bay
103.8
🏥 Healthcare≈ Equal
Orlando
93.9
Palm Bay
93.9
Utilities+1.0%
Orlando
87.2
Palm Bay
88.1

Salary Equivalency Calculator

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

$
Equivalent salary in Palm Bay, FL
$78,900
$1,100 less needed in Palm Bay

Formula: salary × (100 ÷ 101.4) = salary × 0.9862. Based on BEA Regional Price Parities.

Housing Market

Orlando, FL

Median Home Price
$381,000
Median Monthly Rent
$1,925
Housing Index
123.4
Price-to-Rent Ratio
16.5×

Palm Bay, FL

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

Orlando has 9.5% lower housing costs compared to Palm Bay.

Income & Job Market

Orlando, FL

Median Household Income
$77,400
Per Capita Income
$44,100
Unemployment Rate
4.3%
Population
307,573
Top Industries
TourismHealthcareTechnologyRetailEducation

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).

Orlando, FL
3.4×income-to-rent ratio

70% 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.