Clearwater, FL vs Palm Beach Gardens, FL

There is a significant gap in the cost of living between these two cities. Clearwater is 28.8% cheaper than Palm Beach Gardens. With a cost index of 109 vs 153, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Clearwater to Palm Beach Gardens should plan for substantially higher expenses across most categories.

On the housing front, median rent in Clearwater is $1,539/month compared to $2,269/month in Palm Beach Gardens — a 32% difference. Home values follow the same pattern: Clearwater is more affordable at $326,100 median vs $554,300.

Median household income in Clearwater is $64,440 compared to $110,563 in Palm Beach Gardens (-41.7%). While Palm Beach Gardens is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Clearwater spend roughly 28.7% of their income on rent, more than the 24.6% in Palm Beach Gardens.