Cost of living in West Palm Beach
West Palm Beach, located in the sunny state of Florida, is known for its beautiful beaches and vibrant cultural scene. Understanding the cost of living in this city is crucial for anyone considering moving here or planning a visit.
The cost of living encompasses various aspects such as housing, transportation, groceries, and dining, which can significantly impact your budget. This guide provides a detailed breakdown of these expenses to help you make informed decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $20 on average, with a range between $15 and $50.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $80, with prices ranging from $60 to $150.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $11, with a range between $10 and $15.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4 to $10, imported beer $6 to $18, cappuccino $2.5 to $10, and Coke/Pepsi $2 to $4.
Grocery Prices
- Milk - Milk is priced between $0.9 and $2.64 per liter, averaging $1.09.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.65 and $6.61, with an average price of $3.
- Eggs (Dozen) - A dozen eggs range from $2.5 to $7, averaging $4.02.
- Fruits (e.g., Apples, Oranges) - Apples cost $3.7 to $6.61 per kg, while oranges range from $2.2 to $13.23 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.37 and $6.61 per kg, and lettuce costs $1.88 to $3.69 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $2.
- Fuel (Gasoline) - Gasoline is priced between $0.76 and $1.02 per liter.
- Taxi Fares - Taxi fares start at $2.5.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1900 to $2800, averaging $2350.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1600 to $2000, averaging $1783.33.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $3500 to $6500, averaging $3825.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $2700 to $3500, averaging $3066.67.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $4284.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter averages $4284.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $120 and $500, averaging $171.5.
- Internet - Internet services range from $50 to $120, with an average cost of $60.14.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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Transportation
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Rent Per Month
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Clothing And Shoes
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Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
West Palm Beach offers a diverse range of dining options, with prices varying significantly based on the type of restaurant.
Grocery prices in West Palm Beach can be moderate, with some items like fruits and vegetables showing a wide price range.
Transportation costs are relatively low, with affordable public transport and gasoline prices.
Housing costs can be high, especially in the city centre, but there are more affordable options outside the centre.
Utilities and internet services are reasonably priced, contributing to the overall cost of living.
Conclusion
In conclusion, West Palm Beach presents a mixed cost of living scenario. While dining and housing can be on the higher side, transportation and utilities offer more affordable options.
Potential residents should consider their lifestyle preferences and budget constraints when planning a move to this vibrant city.