CostIndexUSA

Palm Bay, FL vs St. Louis, MO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

FL
Palm Bay
100
overall index
$1,875/mo rent
More AffordableMO
St. Louis
95.1
overall index
$1,400/mo rent

St. Louis is slightly cheaper than Palm Bay — 4.9% lower overall cost of living.

To match an $80,000 salary in Palm Bay, you would need $76,100 in St. Louis. Calculate your salary ↓

Category Breakdown

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

🏠 Housing29.3%
Palm Bay
111.7
St. Louis
79
🛒 Groceries+4.0%
Palm Bay
96.2
St. Louis
100
🚗 Transportation≈ Equal
Palm Bay
103.8
St. Louis
103.6
🏥 Healthcare≈ Equal
Palm Bay
93.9
St. Louis
93.7
Utilities20.7%
Palm Bay
88.1
St. Louis
69.9

Salary Equivalency Calculator

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

$
Equivalent salary in St. Louis, MO
$76,100
$3,900 less needed in St. Louis

Formula: salary × (95.1 ÷ 100) = salary × 0.9510. 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×

St. Louis, MO

Median Home Price
$262,000
Median Monthly Rent
$1,400
Housing Index
79
Price-to-Rent Ratio
15.6×

Palm Bay has 29.3% lower housing costs compared to St. Louis.

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

St. Louis, MO

Median Household Income
$78,200
Per Capita Income
$44,600
Unemployment Rate
3.6%
Population
319,294
Top Industries
HealthcareFinanceManufacturingTechnologyEducation

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)

St. Louis, MO
4.7×income-to-rent ratio

79% 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.