Royal Palm Estates cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexRoyal Palm EstatesFloridaNational
Cost of living index9299100
IndexRoyal Palm EstatesFloridaNational
Goods & Services index10399100
Groceries index104105100
Health care index9698100
Housing index6496100
Transportation index113100100
Utilities index98103100

Did you know?

  • The cost of living in Royal Palm Estates is 8% lower than the Florida average.
  • The cost of living in Royal Palm Estates is 8% lower than the national average.
  • The cost of housing in Royal Palm Estates is 36% lower 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.

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Compare Royal Palm Estates, FL Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$54,500$4,542$1,272$1,635
Renters$36,484$3,040$851$1,095

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax
Florida6%7.5%

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
Florida0%0%

Goods & Services

ItemRoyal Palm EstatesNational avg.Difference
Haircut $16.15$16.090.4%
Beauty Salon $61.89$37.3365.8%
Toothpaste $2.40$2.451.8%
Shampoo $1.00$1.000.4%
Movie $11.36$10.2810.5%
Bowling $8.74$4.9377.1%

Groceries

ItemRoyal Palm EstatesNational avg.Difference
Ground Beef $4.36$3.8014.5%
Fried Chicken $1.30$1.406.7%
Milk $2.49$2.0124.2%
Potatoes $3.44$3.0114.1%
Pizza $8.99$9.899.1%
Beer $9.39$8.905.5%

Health Care

ItemRoyal Palm EstatesNational avg.Difference
Optometrist $94.17$102.167.8%
Doctor $83.20$108.3623.2%
Dentist $97.89$92.535.8%
Ibuprofen $11.35$9.2822.3%
Lipitor $405.35$425.824.8%

Housing

ItemRoyal Palm EstatesNational avg.Difference
Home Price $79,300.00$184,700.0057.1%
Avg. Mortgage Payment $1,898.18$1,202.4457.9%
Apartment Rent $1,072.00$949.0013.0%

Transportation

ItemRoyal Palm EstatesNational avg.Difference
Gasoline $2.36$2.245.0%
Tire Balancing $59.72$46.2929.0%

Utilities

ItemRoyal Palm EstatesNational avg.Difference
All Electricity$159.36$165.964.0%
Phone $29.11$28.681.5%
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.
Schall Circle, FL1,21789-11%
Pine Air, FL2,13192-8%
San Castle, FL4,62293-7%
Palm Springs, FL23,59293-7%
Gun Club Estates, FL1,40193-7%
Royal Palm Estates, FL3,34692-8%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Newton, MS3,34678-22%
Durand, MI3,34682-18%
Boardman, OR3,34786-14%
Breckenridge, MN3,34786-14%
Jasper, TN3,34786-14%
Royal Palm Estates, FL3,34692-8%
Source: The Royal Palm Estates, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.