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Palm Beach, FL vs Palm Springs, FL

259
Palm Beach
Florida
VS
+142.3%
107
Palm Springs
Florida

The cost of living difference between Palm Beach, FL and Palm Springs, FL is dramatic. Palm Springs is 142.3% cheaper than Palm Beach, a gap that translates to thousands of dollars per year in household expenses. Palm Beach has a cost index of 259 while Palm Springs sits at 107, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Palm Beach is $1,849/month compared to $1,597/month in Palm Springs — a 16% difference. Home values follow the same pattern: Palm Springs is more affordable at $234,500 median vs $1,996,700.

Median household income in Palm Beach is $175,078 compared to $59,602 in Palm Springs (+193.7%). While 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 Palm Beach spend roughly 12.7% of their income on rent, less than the 32.2% in Palm Springs. The Palm Beach ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

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

Income & Cost

Cost of Living Index
Palm Beach
259
Palm Springs
107
59% cheaper
Median Household Income
Palm Beach
$175,078
66% higher
Palm Springs
$59,602

Housing

Median Rent
Palm Beach
$1,849
Palm Springs
$1,597
14% cheaper
Median Home Value
Palm Beach
$1,996,700
Palm Springs
$234,500
88% cheaper
Population
Palm Beach
9,234
Palm Springs
26,871

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Palm Beach $3.12
Palm Springs $3.12
US $3.07
🥚
Eggs (grade A, large)
Palm Beach $2.55
Palm Springs $2.55
US $2.50
🥛
Milk (whole)
Palm Beach $4.10
Palm Springs $4.10
US $4.03
🍞
Bread (white)
Palm Beach $1.88
Palm Springs $1.88
US $1.85
🍗
Chicken breast
Palm Beach $4.22
Palm Springs $4.22
US $4.14
Electricity
Palm Beach $0.19
Palm Springs $0.19
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Palm Beach 75.8°F
Palm Springs 75.8°F
Summer High
Palm Beach 90°F
Palm Springs 90°F
Winter Low
Palm Beach 58°F
Palm Springs 58°F
Rainfall
Palm Beach 61.7"
Palm Springs 61.7"
Rainy Days
Palm Beach 137d
Palm Springs 137d