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Cost of Living in Palmetto Bay, FL

Population: 24,247 | Florida

160
Cost of Living Index
US Average = 100

Palmetto Bay is 60% more expensive than the national average.

141
Housing
258
Home Values
112
Regional Price

Income

Median Household Income
$143,368
vs US Median ($75,149)
+91%

Housing

Median Rent
$1,862/mo
Median Home Value
$787,000
Median Monthly Housing Cost
$2,589/mo

Everyday Prices in Palmetto Bay

BLS Average Prices for the Miami-Fort Lauderdale-West Palm Beach, FL (Metropolitan Statistical Area) area

$3.12
Gasoline (regular)
per gallon
+2% vs US
🥚
$2.55
Eggs (grade A, large)
per dozen
+2% vs US
🥛
$4.10
Milk (whole)
per gallon
+2% vs US
🍞
$1.88
Bread (white)
per lb
+2% vs US
🍗
$4.22
Chicken breast
per lb
+2% vs US
$0.19
Electricity
per kWh
-2% vs US

Climate in Palmetto Bay

NOAA 30-year normals (1991-2020)

77.4°F
Avg Temperature
51"
Rainfall / Year
117d
Rainy Days / Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High °F 75 77 78 81 84 87 89 89 88 84 80 77
Avg °F 69 71 73 76 79 82 84 84 83 80 75 71
Low °F 64 66 68 72 75 77 80 79 78 76 71 66
Rain" 2.3 2.3 2.0 2.6 4.6 8.7 4.2 5.9 7.4 6.0 2.6 2.5

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