Overall 1%
Goods & Services 2%
Housing 3%
Date & Last Updated: This data reflects 2020 and was released from C2ER in January, 2021; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexPalm HarborFloridaNational
Cost of living10199100
Goods & Services9898100
Health care9898100

Key findings

  • The cost of living in Palm Harbor is 2% higher than the Florida average
  • The cost of living in Palm Harbor is 1% higher than the national average
  • Palm Harbor housing is 3% higher than the national average
  • Florida general sales tax is 18% higher than the national average
  • Florida state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Palm Harbor

See all the best places to live around Palm Harbor

Compare Palm Harbor, FL Cost of Living

      How would you rate the cost of living in Palm Harbor?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Palm Harbor?
      Write a review to give others more information about this area.
      See all Palm Harbor poll results

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      To approximate the cost of living and the housing affordability in Palm Harbor, FL, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Palm Harbor have a median income of $61,374. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,432 per month to avoid calamity and poverty. The renters in the city have an income of about $39,393, which would make their monthly maximum allowable rental costs $919.

      Florida Sales Tax

      StateGeneral Sales TaxWith Max Surtax

      Florida Income Tax

      StateIncome Tax (Low)Income Tax (High)

      Goods & Services

      ItemPalm HarborNational avg.Difference
      Haircut $15.08$18.6219.0%
      Beauty Salon $37.26$39.054.6%
      Toothpaste $2.82$2.3420.4%
      Shampoo $1.04$1.061.6%
      Movie $12.72$10.6819.1%
      Bowling $16.33$14.6711.3%


      ItemPalm HarborNational avg.Difference
      Ground Beef $5.29$4.2225.4%
      Fried Chicken $1.74$1.3925.8%
      Milk $2.66$2.0529.6%
      Potatoes $3.51$3.296.6%
      Pizza $10.25$10.623.5%
      Beer $10.69$9.3813.9%

      Health Care

      ItemPalm HarborNational avg.Difference
      Optometrist $99.12$108.578.7%
      Doctor $99.22$116.1714.6%
      Dentist $105.57$99.136.5%
      Ibuprofen $10.59$9.689.5%
      Lipitor $441.72$466.925.4%


      ItemPalm HarborNational avg.Difference
      Home Price $178,300.00$184,700.003.5%
      Avg. Mortgage Payment $896.52$1,197.4225.1%
      Apartment Rent $1,136.00$949.0019.7%


      ItemPalm HarborNational avg.Difference
      Gasoline $2.11$2.225.1%
      Tire Balancing $55.26$50.0710.4%


      ItemPalm HarborNational avg.Difference
      All Electricity$165.98$167.671.0%
      Phone $189.52$175.647.9%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City, StatePopulationCost of Living IndexNational Avg.
      Moon Lake, FL4,70883-17%
      New Port Richey, FL15,50384-16%
      Jasmine Estates, FL19,74485-15%
      Holiday, FL20,45186-14%
      Beacon Square, FL6,97186-14%
      Palm Harbor, FL60,2361011%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Lake Elsinore, CA60,23012121%
      Meriden, CT60,2031099%
      Cupertino, CA60,297252152%
      Auburn, AL60,3181055%
      National City, CA60,34912828%
      Palm Harbor, FL60,2361011%
      Source: The Palm Harbor, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2020.