CostIndexUSA

Palm Bay, FL vs Sioux City, IA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

FL
Palm Bay
100
overall index
$1,875/mo rent
More AffordableIA
Sioux City
86.5
overall index
$1,150/mo rent

Sioux City is moderately cheaper than Palm Bay — 13.5% lower overall cost of living.

To match an $80,000 salary in Palm Bay, you would need $69,200 in Sioux City. Calculate your salary ↓

Category Breakdown

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

🏠 Housing48.3%
Palm Bay
111.7
Sioux City
57.8
🛒 Groceries2.3%
Palm Bay
96.2
Sioux City
94
🚗 Transportation6.2%
Palm Bay
103.8
Sioux City
97.4
🏥 Healthcare6.2%
Palm Bay
93.9
Sioux City
88.1
Utilities6.1%
Palm Bay
88.1
Sioux City
82.7

Salary Equivalency Calculator

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

$
Equivalent salary in Sioux City, IA
$69,200
$10,800 less needed in Sioux City

Formula: salary × (86.5 ÷ 100) = salary × 0.8650. 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×

Sioux City, IA

Median Home Price
$211,000
Median Monthly Rent
$1,150
Housing Index
57.8
Price-to-Rent Ratio
15.3×

Palm Bay has 48.3% lower housing costs compared to Sioux City.

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

Sioux City, IA

Median Household Income
$70,700
Per Capita Income
$40,300
Unemployment Rate
3%
Population
82,684
Top Industries
HealthcareManufacturingAgricultureRetailEducation

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)

Sioux City, IA
5.1×income-to-rent ratio

80% 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.