Hollywood, FL vs West Palm Beach, FL

Hollywood, FL and West Palm Beach, FL have a very similar cost of living, with only a 3.6% difference in their overall index. Hollywood scores 117 while West Palm Beach scores 121 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Hollywood is $1,555/month compared to $1,709/month in West Palm Beach — a 9% difference. Interestingly, home values tell a different story: while Hollywood has cheaper rent, West Palm Beach actually has lower median home values ($369,800 vs $374,200).

Median household income in Hollywood is $65,359 compared to $69,261 in West Palm Beach (-5.6%). While West Palm Beach 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, less than the 29.6% in West Palm Beach.

Climate-wise, both cities share similar average temperatures (77.2°F vs 75.8°F). West Palm Beach receives more rainfall at 61.7" per year compared to 60.9" in Hollywood.