Palm Bay, FL vs Port Orange, FL
Palm Bay, FL and Port Orange, FL have a very similar cost of living, with only a 1.3% difference in their overall index. Palm Bay scores 101 while Port Orange scores 102 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 Palm Bay is $1,487/month compared to $1,448/month in Port Orange — a 3% difference. Interestingly, home values tell a different story: while Port Orange has cheaper rent, Palm Bay actually has lower median home values ($248,000 vs $287,900).
Median household income in Palm Bay is $67,521 compared to $68,955 in Port Orange (-2.1%). While Port Orange is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Palm Bay spend roughly 26.4% of their income on rent, more than the 25.2% in Port Orange.
Climate-wise, both cities share similar average temperatures (73.1°F vs 71.5°F). Port Orange receives more rainfall at 51.3" per year compared to 50.8" in Palm Bay.
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