Cost of Living in Palm Coast, FL
Cost of Living in Palm Coast, FL | Compared to State Average | Compared to National Average |
---|---|---|
Housing (Buy and Rent) | 32% lower | 29% lower |
Utilities (Monthly) | 20% higher | 18% higher |
Food | 11% lower | 8% lower |
Healthcare | 4% lower | 6% lower |
Transportation | 10% lower | 13% lower |
Goods & Services | 12% lower | 11% lower |
The cost of living in Palm Coast, FL is 15% lower than the state average and 13% lower than the national average. Palm Coast, FL housing is 29% cheaper than the U.S average, while utilities are about 18% pricier. When it comes to basic necessities such as food and clothing, groceries are around 8% cheaper in Palm Coast, FL than in the rest of the country, while clothing costs around 11% less .
Healthcare services such as doctor check-ups and dentistry cost 6% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 11% cheaper in Palm Coast, FL.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Palm Coast is $1,738, while home prices circle around $350,961.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Palm Coast, energy bills cost around $260.30 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $7.17 in Palm Coast, a dozen eggs go for around $3.47 and a pound of potatoes circles around $6.01.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Palm Coast, an optometry check-up costs around $62.38, while a dentist appointment is priced $117.84 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.09 in Palm Coast, while getting your tires balanced will run you about $44.84.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $26.06 here. Meanwhile, a pair of women's slacks will set you back around $35.61.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Palm Coast, you should budget around $11.76 a month. When it comes to personal services, a haircut usually goes for $21.19, while dry cleaning costs about $15.62.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Palm Coast, the median household income is $71,840.