Cost of Living: Palm bay, FL vs Dimmitt, TX

Housing

The housing market plays a significant role in determining the cost of living.

Metric Palm bay Dimmitt
Housing Index 90.0 85.0
Median Home Price $346,000 $Data is updating
Average Rent (2 BR Apartment) $1600 $1200
Average Rent (2 BR House) $1645 $1280

Housing Comparison: Palm bay vs Dimmitt

  • In Palm bay, the median home price is higher at $346,000, while in Dimmitt it is $0.
  • Renting a two-bedroom apartment costs more in Palm bay at $1,600 than in Dimmitt 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 Dimmitt
Electricity Price $13.89 $14.47
Natural Gas Price $26.13 $26.29
Other Utilities $200 $250

Utilities Comparison: Palm bay vs Dimmitt

  • Dimmitt has higher electricity costs at $14.47 per kWh, versus $13.89 in Palm bay.
  • Dimmitt experiences higher natural gas costs at $26.29 per unit, with costs at $26.13 in Palm bay.
  • Dimmitt has higher utility expenses, averaging $250, while Palm bay averages $200.