Hollywood, FL vs Palm Beach Gardens, FL
There is a significant gap in the cost of living between these two cities. Hollywood is 23.7% cheaper than Palm Beach Gardens. With a cost index of 117 vs 153, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hollywood to Palm Beach Gardens should plan for substantially higher expenses across most categories.
On the housing front, median rent in Hollywood is $1,555/month compared to $2,269/month in Palm Beach Gardens — a 32% difference. Home values follow the same pattern: Hollywood is more affordable at $374,200 median vs $554,300.
Median household income in Hollywood is $65,359 compared to $110,563 in Palm Beach Gardens (-40.9%). 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 Hollywood spend roughly 28.6% of their income on rent, more than the 24.6% in Palm Beach Gardens.
Climate-wise, both cities share similar average temperatures (77.2°F vs 75.8°F). Palm Beach Gardens receives more rainfall at 61.7" per year compared to 60.9" in Hollywood.
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