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Cost of Living in Palmetto Bay, FL

2025 Affordability Data & Housing Costs

139.2

Cost of Living Index (100 = US Average)

Very Expensive

Median Home Value

$787,000

Owner-occupied homes (2023 ACS)

Median Household Income

$143,368

Annual (2023 ACS)

Housing Costs

The median home value in Palmetto Bay is $787,000, which is higher than the national average. The home price-to-income ratio is 5.5, indicating moderate affordability.

Income & Purchasing Power

The median household income in Palmetto Bay is $143,368 annually.

Compare with Other Cities

View all cities in Florida

Frequently Asked Questions

What is the cost of living index in Palmetto Bay, FL?

The COL index is 139.2, which is higher than the US average of 100.

What is the median home value in Palmetto Bay?

The median home value is $787,000.

What is the median rent in Palmetto Bay?

Data not available.

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