Palm City, FL, shows a cost of living index that varies across different sectors. Housing costs in Palm City are 15% higher than the nationwide average, while groceries are 2% higher. Utilities, at 98, and transportation, at 97, are slightly below the national average. Healthcare costs are 5% higher, and miscellaneous expenses are 1% higher than the national average.
Overall, Palm City maintains a cost of living index that is competitive with the national average, with minor variations across sectors. Job seekers looking to Palm City can find living expenses that remain close to the national average, providing a balanced consideration for relocation.
Palm City, Florida, has a cost of living that stands slightly above the nationwide average. The housing index shows a 15% increase, with a value of 115. This means that housing costs in Palm City are 15% higher than the national average of 100. Job seekers considering this area for relocation should budget accordingly for housing expenses.
In addition to housing, the grocery index in Palm City is 2% higher than the national average at 102. This modest increase suggests that groceries may be a bit more expensive here. Utilities, transportation, healthcare, and miscellaneous expenses in Palm City are all close to the national average, with slight variations. Utilities are at 98%, transportation at 97%, healthcare at 105%, and miscellaneous items at 101%. Overall, while certain costs are higher, Palm City offers a balanced cost of living that is not excessively above the national average.