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) | 29% lower | 29% lower |
Utilities (Monthly) | 19% higher | 17% higher |
Food | 5% lower | 7% lower |
Healthcare | 2% lower | 7% lower |
Transportation | 14% lower | 13% lower |
Goods & Services | 8% lower | 12% lower |
The cost of living in Palm Coast, FL is 12% 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 17% pricier. When it comes to basic necessities such as food and clothing, groceries are around 12% less in Palm Coast, FL than in the rest of the country, while clothing costs around 12% less .
Healthcare services such as doctor check-ups and dentistry cost 7% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 12% 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 $1,695, while home prices circle around $333,644.
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 $244.93 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 $7.15 in Palm Coast, a dozen eggs go for around $4.37 and a pound of potatoes circles around $6.40.
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 $61.06, while a dentist appointment is priced $115.16 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.22 in Palm Coast, while getting your tires balanced will run you about $42.77.
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 $25.24 here. Meanwhile, a pair of women's slacks will set you back around $34.84.
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 $11.49 a month. When it comes to personal services, a haircut usually goes for $20.08, while dry cleaning costs about $14.92.
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 $61,847.