Overall 0%
Goods & Services 1%
Housing 10%
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.
IndexVillages Of Palm Beach LakesWest Palm BeachFlorida
Cost of living10010699
Goods & Services999998
Health care10410498

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      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)

      Florida Sales Tax

      StateGeneral Sales TaxWith Max Surtax

      Florida Income Tax

      StateIncome Tax (Low)Income Tax (High)

      Goods & Services

      ItemWest Palm BeachNational avg.Difference
      Haircut $14.47$18.6222.3%
      Beauty Salon $65.03$39.0566.5%
      Toothpaste $2.04$2.3413.0%
      Shampoo $1.07$1.061.3%
      Movie $11.82$10.6810.6%
      Bowling $20.88$14.6742.3%


      ItemWest Palm BeachNational avg.Difference
      Ground Beef $4.66$4.2210.3%
      Fried Chicken $1.62$1.3917.1%
      Milk $2.96$2.0544.6%
      Potatoes $4.99$3.2951.8%
      Pizza $8.99$10.6215.4%
      Beer $10.84$9.3815.6%

      Health Care

      ItemWest Palm BeachNational avg.Difference
      Optometrist $135.56$108.5724.9%
      Doctor $102.25$116.1712.0%
      Dentist $106.04$99.137.0%
      Ibuprofen $12.33$9.6827.5%
      Lipitor $458.22$466.921.9%


      ItemWest Palm BeachNational avg.Difference
      Home Price $198,100.00$184,700.007.3%
      Avg. Mortgage Payment $1,666.18$1,197.4239.1%
      Apartment Rent $1,096.00$949.0015.5%


      ItemWest Palm BeachNational avg.Difference
      Gasoline $2.24$2.220.7%
      Tire Balancing $63.76$50.0727.3%


      ItemWest Palm BeachNational avg.Difference
      All Electricity$162.20$167.673.3%
      Phone $188.17$175.647.1%
      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%
      Royal Palm Estates, FL3,34692-8%
      San Castle, FL4,62293-7%
      Palm Springs, FL23,59294-6%
      West Palm Beach, FL104,9781066%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Green Bay, WI104,95185-15%
      Wichita Falls, TX105,01382-18%
      Broken Arrow, OK104,86993-7%
      College Station, TX104,68496-4%
      Burbank, CA104,58316565%
      West Palm Beach, FL104,9781066%
      Source: The Villages Of Palm Beach Lakes, West Palm Beach, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2020.