Cost of Living: Palm bay, FL vs Folsom, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Palm bay | Folsom |
|---|---|---|
| Housing Index | 90.0 | 130.0 |
| Median Home Price | $346,000 | $657,000 |
| Average Rent (2 BR Apartment) | $1600 | $2500 |
| Average Rent (2 BR House) | $1645 | $2557 |
Housing Comparison: Palm bay vs Folsom
- The median home price in Folsom is higher at $657,000, compared to $346,000 in Palm bay.
- In Folsom, the rental for a two-bedroom apartment stands at $2,500, 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 | Folsom |
|---|---|---|
| Electricity Price | $13.89 | $32.99 |
| Natural Gas Price | $26.13 | $16.99 |
| Other Utilities | $200 | $300 |
Utilities Comparison: Palm bay vs Folsom
- Folsom has higher electricity costs at $32.99 per kWh, versus $13.89 in Palm bay.
- Natural gas is more expensive in Palm bay at $26.13 per unit, while it is cheaper at $16.99 in Folsom.
- Folsom has higher utility expenses, averaging $300, while Palm bay averages $200.