CostIndexUSA

Palm Bay, FL vs Reno, NV Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableFL
Palm Bay
100
overall index
$1,875/mo rent
NV
Reno
101
overall index
$1,900/mo rent

Palm Bay is slightly cheaper than Reno — 1.0% lower overall cost of living.

To match an $80,000 salary in Palm Bay, you would need $80,800 in Reno. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+10.6%
Palm Bay
111.7
Reno
123.5
🛒 Groceries≈ Equal
Palm Bay
96.2
Reno
96.3
🚗 Transportation≈ Equal
Palm Bay
103.8
Reno
103.7
🏥 Healthcare≈ Equal
Palm Bay
93.9
Reno
93.8
Utilities+1.4%
Palm Bay
88.1
Reno
89.3

Salary Equivalency Calculator

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

$
Equivalent salary in Reno, NV
$80,800
$800 more needed in Reno

Formula: salary × (101 ÷ 100) = salary × 1.0100. Based on BEA Regional Price Parities.

Housing Market

Palm Bay, FL

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

Reno, NV

Median Home Price
$551,000
Median Monthly Rent
$1,900
Housing Index
123.5
Price-to-Rent Ratio
24.2×

Reno has 10.6% higher housing costs compared to Palm Bay.

Income & Job Market

Palm Bay, FL

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

Reno, NV

Median Household Income
$83,800
Per Capita Income
$47,800
Unemployment Rate
3.8%
Population
264,165
Top Industries
GamingHealthcareManufacturingTechnologyLogistics

Affordability at a Glance

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

Palm Bay, FL
3.5×income-to-rent ratio

71% of income left after rent (median)

Reno, NV
3.7×income-to-rent ratio

73% 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.