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Florida Gulf Coast University, FL vs Palm Shores, FL

102
Florida Gulf Coast University
Florida
VS
+7%
95
Palm Shores
Florida

Palm Shores is moderately more affordable than Florida Gulf Coast University, with a 7% lower cost of living index. Florida Gulf Coast University scores 102 compared to 95 for Palm Shores, where the US average is 100. This difference means residents of Florida Gulf Coast University can expect to pay noticeably more for everyday expenses, housing, and services.

Renters will find that Florida Gulf Coast University has a median rent of $1,350/month while Palm Shores comes in at $1,050/month, a 29% difference.

Median household income in Florida Gulf Coast University is $25,395 compared to $86,563 in Palm Shores (-70.7%). Palm Shores offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Florida Gulf Coast University spend roughly 63.8% of their income on rent, more than the 14.6% in Palm Shores. The Palm Shores ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Florida Gulf Coast University
102
Palm Shores
95
7% cheaper
Median Household Income
Florida Gulf Coast University
$25,395
Palm Shores
$86,563
71% higher

Housing

Median Rent
Florida Gulf Coast University
$1,350
Palm Shores
$1,050
22% cheaper
Median Home Value
Florida Gulf Coast University
Palm Shores
$341,800
Population
Florida Gulf Coast University
4,416
Palm Shores
1,479

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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