Cost of Living: Palm bay, FL vs Broken arrow, OK
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Palm bay | Broken arrow |
|---|---|---|
| Housing Index | 90.0 | 90.0 |
| Median Home Price | $346,000 | $234,000 |
| Average Rent (2 BR Apartment) | $1600 | $1200 |
| Average Rent (2 BR House) | $1645 | $1360 |
Housing Comparison: Palm bay vs Broken arrow
- In Palm bay, the median home price is higher at $346,000, while in Broken arrow it is $234,000.
- Renting a two-bedroom apartment costs more in Palm bay at $1,600 than in Broken arrow at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Palm bay | Broken arrow |
|---|---|---|
| Electricity Price | $13.89 | $12.37 |
| Natural Gas Price | $26.13 | $20.27 |
| Other Utilities | $200 | $180 |
Utilities Comparison: Palm bay vs Broken arrow
- Electricity costs are higher in Palm bay at $13.89 per kWh, compared to $12.37 in Broken arrow.
- Natural gas is more expensive in Palm bay at $26.13 per unit, while it is cheaper at $20.27 in Broken arrow.
- Other utility costs are higher in Palm bay at an average of $200, compared to Broken arrow with $180.