Cost of Living: Palm bay, FL vs Atlanta, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Palm bay | Atlanta |
|---|---|---|
| Housing Index | 90.0 | 120.0 |
| Median Home Price | $346,000 | $368,300 |
| Average Rent (2 BR Apartment) | $1600 | $2100 |
| Average Rent (2 BR House) | $1645 | $2200 |
Housing Comparison: Palm bay vs Atlanta
- The median home price in Atlanta is higher at $368,300, compared to $346,000 in Palm bay.
- In Atlanta, the rental for a two-bedroom apartment stands at $2,100, while it is $1,600 in Palm bay.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Palm bay | Atlanta |
|---|---|---|
| Electricity Price | $13.89 | $15.53 |
| Natural Gas Price | $26.13 | $27.53 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Palm bay vs Atlanta
- Atlanta has higher electricity costs at $15.53 per kWh, versus $13.89 in Palm bay.
- Atlanta experiences higher natural gas costs at $27.53 per unit, with costs at $26.13 in Palm bay.
- Atlanta has higher utility expenses, averaging $250, while Palm bay averages $200.