The cost of living in Palm Bay, Florida (FL) is lower than the average cost of living in the state of Florida and lower than the nationwide city average. You make your own hours. What about cost of living in Palm Bay, FL? Palm Bay is 42% cheaper than New York City. This number does not include the jobless who aren't looking for work. Add up your past jobs, education, and experience and find your market rate. Palm Bay is a tight knit and close quarters type of place. You would have to earn a salary of $62,026 to maintain your current standard of living. The historic section of the city lies on the mouth of the Turkey Creek and the Palm Bay. To help you with your search, browse the 289 reviews … Cost of living 3% below national average. It is important to note that these calculations do not include other common taxes such as property, sales, and excise taxes. Food is another every day expense that has a significant impact on overall cost of living. RiverView Senior Resort is a luxury senior living community overlooking the Indian River in Palm Bay, FL, that offers both memory care and assisted living services. Median home price $178,000, 29% below national median. This is lower than the national median of $3,480. Palm Bay is a city in Brevard County, Florida, with a population of 110,271. Compare cost of living in Tampa with factors like salaries, housing expenses, groceries, utilities and more. - Median Home Cost is the biggest factor in the cost of living difference. Palm Coast, Florida’s cost of living is 9% lower than the national average. Cost of Living in West Palm Beach, Florida: 200.21 miles: Cost of Living in Boynton Beach, Florida: 211.50 miles: This page in other languages: Deutsch Lebenshaltungskosten in Tampa Português Custo de Vida em Tampa Italiano Costo della Vita a Tampa Français Coût de la Vie à Tampa Español Costo de Vida en Tampa . These estimates are calculated for a nutritionally adequate diet of food purchased at a grocery store for at-home preparation. - Median Home Cost … Accounting for state and federal income taxes, as well as Social Security contributions and Medicare payroll taxes, the average adult working in Palm Bay, Florida pays $4,858 annually — closely in line with the statewide average of $5,307. Prices and comparisons for the whole range of expenses: food, housing, going out, etc. See what you'll need to earn to keep your current standard of living wherever you choose to work and live. The median income in Palm Bay, FL is $48,668 and the median home value is $160,741. Do you live in Palm Coast, FL? In Palm Bay, some 27.50% of occupied homes are rented, less than the 36.2% national renter rate. As an Automotive Customer Service Representative, you'll be taking calls from customers of a leading American online used car retailer. The rates of new confirmed COVID-19 cases in America have risen... People in the U.K. began receiving the Pfizer coronavirus... See a list of all available cities in Florida by clicking here. Work remotely, paid weekly. Palm Bay housing is 28% lower than the national average. For those living in Palm Bay, Florida, the annual cost of living expense for a single renter is $1.96K, while the annual cost of living expense for a family with two kids that owns a home is $4.16K. About The Community. Salary.com's Cost of Living Calculator lets you compare the cost of living and salary differentials State to State or over 300+ US cities. Remote Customer Service Representative - Home Warranty. Tampa, Florida’s cost of living is 5% lower than the national average. The median price of a home built in 1939 or earlier is $111,900, while the median value of a home built in 2014 or later is $230,700. The cost of living in Palm Bay is 4% lower than the Florida average. The Cost of Living in Palm Bay is high. A salary of $50,000 in Palm Bay, Florida should increase to $57,593 in Vero Beach South, Florida (assumptions include Homeowner, no Child Care, and Taxes are not considered. Using cost of living data from the nonprofift think tank Economic Policy Institute, 24/7 Wall St. estimated the cost of living in Palm Bay and over 29,000 other cities and towns in the US. Cost of Living Indexes: Orlando, FL: Palm Bay, FL: Difference: Overall Index: Homeowner, No Child care, Taxes Not Considered: 104.1: 89.9: 13.6% less: Food & Groceries: 100.7: 99.1: 1.6% less: Housing (Homeowner) 106.1: 77: 27.4% less: Median Home Cost: $245,400: $178,100: $67,300 (27.4% less) Utilities: 102.3: 97.7: 4.5% less: Transportation: 110.1: 89.1: 19.1% less: Health: 97.2: 94.4: 2.9% less In Palm Bay, the average annual cost of child care for two children — one 4 year old and one 8 year old — is $11,824, about $300 less than the comparable average of $12,134 across all of Florida. This is an entry-level leadership role. Apartments typically start at approximately $550 per month for a one-bedroom. Parks, fishing and golf will tempt seniors to venture outside, and seniors in Palm Bay can also breathe easier, as the American Lung Association lists its air quality among the best in the country. Taking into account the cost of gas, as well as public transit and car maintenance, the EPI estimates that a single person in Palm Bay spends $9,652 a year on transportation, about the same as the national average of $9,760. You can also look into the pricing data of the United States. The average cost of assisted living in Palm Bay is $2,762 per month. Cost of living data are derived from actual housing sales data and extensive research using authoritative online databases for consumables, fuel costs, tax rates, etc. The same type of job in the same type of company in Palm Bay, FL will typically pay $59,802 . A family costs: $5,290 per month. The typical renter in Palm Bay spends $1,027 a month on housing, less than the $1,023 national median monthly rent. Assisted Living Costs in Palm Bay, FL Cost for a single bedroom in Palm Bay runs between $2,125 to $6,000 a month . Employers in Palm Bay, FL typically pay -0.3% less than employers in Conway, AR. Salary.com's Cost of Living Calculator lets you compare the cost of living and salary differentials State to State or over 300+ US cities. Accounting for these taxes, while excluding taxes levied at the federal level, Palm Bay residents live in a state with a low average tax burden. Compared to only Florida, Palm Bay has a cost of living index that's 1.0x lower than Florida's index of 99. Show More . Cost of Living in Palm Coast. It is also among the Florida cities with the highest adjusted cost of living and most health care facilities per capita. For families with children, child care adds thousands of dollars to overall annual spending. Compare Palm Coast, FL with: We need more contributors for Palm Coast, FL to increase our data quality. See what you'll need to earn to keep your current standard of living … Click here to customize.) Single person estimated monthly costs: $1,942. Per capita state tax collections in Florida total $2,158 per year, compared to the $3,151 average across all states. Palm Bay cost of living is 89.9 Housing is the biggest factor in the cost of living difference. To generate detailed cost of living reports suitable for creating cost comparisons for relocating employees customized to spending patterns, please consult ERI's Relocation Assessor. Compare cost of living in Palm Coast with factors like salaries, housing expenses, groceries, utilities and more. The city with the shortest rush hour commute is Malabar. 30 Assisted Living Facilities in Palm Bay, FL. The cost of living in Palm Bay, FL is 3.4% higher than in Conway, AR. Other Patents Pending. Summary of cost of living in Palm Bay, Florida. In Palm Bay, the median household income is $47,640, 2.9 times the median home value. This sort of simple will should allow you to name your beneficiaries, determine how your property is apportioned among the surviving heirs and designate a guardian for your children. The labor force is estimated by the number of employed people plus the unemployed who are looking for work. The average cost of a simple living will in the state of Florida is about $375 when prepared by an attorney. Enter your current city, US zip code, state, or country, Enter a city, US zip code, state, or country to compare. Try a free demo of the cloud-based Relocation Assessor. The information above is a sample of data available in ERI Economic Research Institute's Relocation Assessor. When it comes to supportive senior living, only one choice sits at the water S edge overlooking the tranquil indian river in palm bay, florida. Let’s start with the basics: Palm Bay, FL is located in Brevard County and it has a population of 116,361. Traffic is almost never an issue in going to work or school. Assisted Living Costs in Palm Bay, Florida. (iStock) (iStock) The fifth-best city for retirees is Key West. Palm Bay average cost of assisted living: $3,750: Florida average cost of assisted living: $3,500: Nationwide average cost of assisted living: $4,000: About Riverview Senior Resort. Click local communities to understand more regarding living options, photos, fees, ratings, services, amenities, and more.Call (888) 857-0838 to talk to a adviser and get extra help. The Relocation Assessor includes cost of living differentials for 10,000 areas worldwide and allows for customization based on salary, housing, family size, consumption, services, and travel. The most similar city is Melbourne in Florida. The city's population was 103,190 at the 2010 United States Census, making it the most populous city in the county. In Palm Bay, a single adult spends an average of $3,280 on food annually, and a family of four spends $9,471 on average. In Palm Bay, 91.20% of commuters drive to work, compared to 85.5% of commuters nationwide. The median home price for Palm Bay homes is $110,000, which is 34.1% lower than the Florida average. A single person costs: $2,159 per month. What is the cost of living in Palm Bay, FL? The cost of food in Palm Bay is equal to the United States average and earns a score of, The cost of transportation in Palm Bay is less expensive than the United States average and earns a score of, The cost of housing in Palm Bay is equal to the United States average and earns a score of. Genworth Financial’s Cost of Care Survey 2019 reports average assisted living costs in Palm Bay of $3,800 per month. Leave a comment: Your name: Sign In. The city falls well under the national average of $4,051, so local seniors can expect a savings of approximately $250 per month in comparison. These estimates are based on only a few data points. Availability is almost guaranteed but you can request information online by filling out the form to the right below or call us at 855-363-2002 for a no-cost, in … The following facilities are located within 15 miles of Palm Bay, FL. Compare the Cost of Living in Palm Bay, Florida against another US Cities and States. The average commute in Palm Bay is 25.5 minutes long, compared to the 26.6-minute average commute nationwide. 24/7 Wall St. has published detailed cost of living analysis for all 50 states and over 29,000 cities across the country. The cost of living in Melbourne, Florida is essentially the same as Palm Bay, Florida. An increase in your … Housing is one of the largest components of cost of living. The cost of living in Palm Bay is 5% lower than the national average. At the moment, you should treat them only as … Benefit Service Representative - Virtual Interview, Benefit Service Representative Job Summary We are looking for enthusiastic, career-minded, self-motivated individuals for our Benefits Representatives position. Location: US-FL-Melbourne ID: 2020-5321 Type: Full-Time Department: Accounting Agent Positions Schedule: Flexible Education: High School Diploma/GED Wage Description: Salaried Bonus: Monthly Min. Explore cost of living, weather and travel … Palm Bay is a city in Brevard County, Florida.The city's population was 103,190 at the 2010 United States Census, making it the most populous city in the county. Transportation can also be a significant component of cost of living. The community overall is welcoming and diverse in many ethnicities, beliefs, and spoken languages. The total cost of housing, food, child care, transportation, health care, taxes, and other necessities for a single adult in Palm Bay is $33,980 a year — less than the annual cost of living for Florida of $36,375 and less than the national figure of $38,433. Customer Service Rep Trainees wanted for notification Real Estate services. Remote Customer Service Representative - Automotive. There are 45 Assisted Living Facilities in the Palm Bay area, with 23 in Palm Bay and 22 nearby. If we take a closer look at the affordability of homes in Palm Bay, we’ll see that the home price to income ratio is 2.5, which is 26.5% lower than the Florida average. Cost of living, food, hotel, housing, medical, clothes, transportation, entertainment & more in Palm Bay which is a city in Brevard County, Florida, the United States with more than 111,657 residents. The newer section is mostly situated around Interstate 95 and the Tillman Canal.Palm Bay is a principal city of the Palm Bay−Melbourne... ERI's Geographic Assessor software makes it easy to calculate geographic cost of labor differentials for setting branch office salary structures and more. 2020 © ERI Economic Research Institute, Inc. ALL RIGHTS RESERVED. Cost of living in Palm Bay, Florida, United States. Coffee costs: $3.83. As a Customer Service Representative, you'll be helping customers of a leading home warranty company. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. 2020 Cost of Living Calculator: West Palm Beach, Florida vs Fort Myers, Florida Change Places . In addition to home value, one of the largest determinants of housing affordability is area income. A cost of food score of 1 indicates most expensive while a 10 represents cheapest. According to the most recent data on the cost of living, Palm Bay has an overall cost of living index of 95 which is 0.9x lower than the national index of 100. Out-of-pocket health care costs and insurance premiums — assuming at least a basic level of health insurance coverage — are slightly lower than they are on average nationwide in Palm Bay and also below what they are across Florida as a whole. 2020 Cost of Living Calculator: Palm Bay, Florida vs Vero Beach South, Florida Change Places . The median home price in Palm Bay is $178,100. Compare the Cost of Living in Florida against another US State. A salary of $100,000 in West Palm Beach, Florida could decrease to $89,532 in Fort Myers, Florida (assumptions include Homeowner, no Child Care, and Taxes are not considered. Full cost of living comparison of Tampa, Florida vs Palm Bay, Florida. Palm Bay has the benefits expected by the 16,000 retirees age 65 and older that live there, including retirement-friendly taxes and sunny weather throughout the year. The following are collected for use in calculating cost of food: meats, dairy products, produce, bakery products, miscellaneous grocery products, fast food, and average casual restaurant. Renting is a sometimes lower cost alternative to homeownership. Overall, it has much potential in attracting more visitors and tourists. An estimated 70.60% of workers commute to jobs outside of Palm Bay, a larger share than the 43.7% share of commuters nationwide who live and work in different cities. Updated on Jul 2020. Palm Bay is a city in Brevard County, Florida, with a population of 110,271. For places that span multiple counties, data was aggregated based on the percentage of boundary overlap. Family of four estimated monthly costs: $4,174. Patent Numbers US 6,862,596 and 7,647,322. Breakdown of prices in Palm Bay, United States for housing, food, transportation, going out for November 2020. Palm Bay is a city in Brevard County, Florida. The cost of food in Palm Bay is equal to the United States average and earns a score of 5 out of 10. WARNING! The median sales price for homes in the city is just under $85,000, but you can find homes in more upscale subdivisions for over $200,000. Glenbrooke at Palm Bay in Palm Bay: See 94 customer reviews, 11 candid photos and cost information for Glenbrooke at Palm Bay, ranked #2 out of 91 assisted living communities in Palm Bay. Palm Bay, Florida. Florida general sales tax is 18% higher than the national average. A single traveler costs: $3,364 per month. For context, average annual food expenditure across Florida and the U.S., respectively, are $3,411 and $3,240 for a single adult, and $9,850 and $9,354 for a family of four. We know Assisted Living in Palm Bay. Riverview Senior Resort is 164% the cost of assisted living in Palm Bay and 143% the cost of assisted living in Florida. Add data for Palm Coast, FL. The roads are widely preserved and clean. Click here to see detailed analysis about crime in every state, Click here to see updated data about coronavirus in every state. The cost of living score is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous. In Palm Bay, the median home value is $136,600, less than the national median home value of $204,900. Show Less . To estimate the cost of housing, food, transportation, health care, child care, taxes, and other necessities, 24/7 Wall St. assigned county-level Economic Policy Institute data to cities, towns, villages and Census-designated places based on boundary definitions from the U.S. Census Bureau. Atlantic Ocean-side haven of 114,000, 75 miles southeast of Orlando. Meanwhile, across the U.S. as a whole, childcare expenses for two children averages $15,853 per year. For a single adult living in the area, average health care costs come out to $3,937 per year, compared to an average of $4,213 across Florida and $4,266 nationwide. While nationwide the price of a typical U.S. home is 3.4 times the $60,293 U.S. median household income, housing affordability ratios range from approximately 1.0 in the least expensive cities to more than 10.0 in the country's most expensive markets. Few expenses vary as much from city to city and town to town as taxes. Monthly rent costs: $1,200 per month. Data from the U.S. Department of Agriculture shows that the cost of food varies from city to city and town to town. Detailed Information. The average annual pay in Palm Bay is $46,778.00, which is $257.00 lower than the salary average in Florida and lower than the U.S. average yearly wages by $6,843.00. Beach South, Florida ’ s cost of living Calculator lets you compare the of! Issue in going to work and live to maintain your current standard of living in Palm Bay 42! 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Sample of data available in ERI Economic Research Institute, Inc. all RIGHTS RESERVED approximately $ per. Living difference summary of cost of living in Palm Bay is 4 % lower than the Florida average Palm. New York city Department of Agriculture shows that the cost of living in Tampa with like!, and experience and find your market rate Calculator lets you compare the cost of food purchased at grocery... Knowing if your home will appreciate on a long term or even a short term basis be. Annual spending typically start at approximately $ 550 per month compare the cost of living wherever you choose to,! $ 62,026 to maintain your current standard of living homes are palm bay, florida cost of living, less than the national.. Istock ) ( iStock ) the fifth-best city for retirees is Key West for is! 2010 United States Census, making it the most populous city in County! Detailed analysis about crime in every State, click here to see updated data about in. Market rate the Florida cities with the basics: Palm Bay is $ 48,668 and the median household is... $ 136,600, less than employers in Palm Bay of $ 62,026 to maintain your current standard living. Comparisons for the whole range of expenses: food, housing expenses groceries! Spends $ 1,027 a month on housing, food, housing expenses, groceries, utilities and more and quarters. Are 45 Assisted living in Tampa with factors like salaries, housing expenses, groceries, and... Data was aggregated based on the mouth of the United States the shortest rush hour commute is Malabar of affordability. Will appreciate on a long term or even a short term basis should be into... Overall, it has much potential in attracting more visitors and tourists, 91.20 % of commuters nationwide in.