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Bagdad, FL vs Palm Shores, FL

82
Bagdad
Florida
VS
-14.5%
95
Palm Shores
Florida

Bagdad is moderately more affordable than Palm Shores, with a 14.5% lower cost of living index. Bagdad scores 82 compared to 95 for Palm Shores, where the US average is 100. This difference means residents of Palm Shores can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bagdad is $987/month compared to $1,050/month in Palm Shores — a 6% difference. Home values follow the same pattern: Bagdad is more affordable at $220,000 median vs $341,800.

Median household income in Bagdad is $78,603 compared to $86,563 in Palm Shores (-9.2%). The higher salaries in Palm Shores partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Bagdad spend roughly 15.1% of their income on rent, more than the 14.6% in Palm Shores.

Income & Cost

Cost of Living Index
Bagdad
82
14% cheaper
Palm Shores
95
Median Household Income
Bagdad
$78,603
Palm Shores
$86,563
9% higher

Housing

Median Rent
Bagdad
$987
6% cheaper
Palm Shores
$1,050
Median Home Value
Bagdad
$220,000
36% cheaper
Palm Shores
$341,800
Population
Bagdad
4,285
Palm Shores
1,479

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Bagdad $2.95
Palm Shores $2.95
US $3.07
🥚
Eggs (grade A, large)
Bagdad $2.41
Palm Shores $2.41
US $2.50
🥛
Milk (whole)
Bagdad $3.88
Palm Shores $3.88
US $4.03
🍞
Bread (white)
Bagdad $1.78
Palm Shores $1.78
US $1.85
🍗
Chicken breast
Bagdad $3.99
Palm Shores $3.99
US $4.14
Electricity
Bagdad $0.18
Palm Shores $0.17
US $0.19