Palm Beach County continues to attract families, retirees, and professionals who want sunshine, strong job markets, and diverse lifestyles. But with rising housing prices and insurance premiums, many newcomers ask: What does it really cost to live here in 2026?
This guide breaks down housing, utilities, transportation, healthcare, and lifestyle costs so you can plan your move with confidence.
🏡 Housing Costs in 2026
Housing remains the largest expense for Palm Beach County residents.
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Cost of Living Score: Palm Beach County’s score is 114.1, meaning it’s 14.1% higher than the U.S. average and 10.7% higher than Florida’s average.
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Monthly Costs: A family of four spends about $7,140 per month (roughly $85,680 annually), while a single person averages $5,133 per month (about $61,600 annually).
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Luxury vs. Suburban: Waterfront homes and condos command premium pricing, while inland suburbs offer more affordability.
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Trend: Housing prices rose about 1.5% in 2025, with increases driven by transportation, food, and housing.
Explore current options in our Palm Beach County Listings.
💡 Utilities + Everyday Expenses
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Electricity: Air conditioning runs year‑round, raising monthly bills.
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Groceries: Prices are slightly above national averages, especially in coastal areas.
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Dining: A mid‑range restaurant meal for two averages $100, while fast food meals cost about $12.
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Internet + Streaming: Expect $70–$120 monthly depending on provider and packages.
🚗 Transportation Costs
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Gas + Insurance: Florida auto insurance rates are higher than the national average.
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Commuting: Miami and Fort Lauderdale traffic impacts Palm Beach County commuters.
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Public Transit: Limited options mean most residents rely on cars.
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Parking Costs: Downtown and beachfront areas often require paid parking.
Compare communities in our Neighborhood Guides.
🏥 Healthcare + Insurance
Healthcare costs in Palm Beach County are slightly above the national average.
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Flood + Wind Insurance: Premiums vary by location and roof age.
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Property Insurance: Rising rates are a major factor in overall cost of living.
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Healthcare Access: Palm Beach County offers strong hospital networks, but premiums remain higher than inland counties.
Learn more about ownership costs in our blog: How to Buy a Home in Florida If You’re Relocating from Out of State.
🎉 Lifestyle + Entertainment
Palm Beach County offers upscale shopping, dining, and cultural events.
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Annual Festivals: Garlic Fest, South Florida Fair, and Seafood Festival add to lifestyle costs but enrich community living.
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Fitness + Recreation: Gym memberships average $50–$70 per month, while boating and golf memberships vary widely.
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Family Activities: Zoo, museums, and waterparks add recurring costs for families.
📈 Cost of Living Snapshot (2026)
| Expense Category | Palm Beach County | U.S. Average | Notes |
|---|---|---|---|
| Housing | 14.1% higher | — | Waterfront + luxury drive costs |
| Utilities | Slightly higher | — | AC year‑round |
| Groceries | 7–10% higher | — | Coastal premium |
| Transportation | Higher | — | Insurance + commuting |
| Healthcare | Higher | — | Insurance premiums |
✅ Final Thoughts
Palm Beach County’s cost of living in 2026 is above both the Florida and national averages, driven by housing, insurance, and lifestyle expenses. But the trade‑off is access to world‑class beaches, cultural events, and a vibrant community.
If you’re relocating, budget carefully for housing and insurance, but know that the lifestyle rewards are unmatched.
Start exploring today:
The SoFlo Coastal Group is here to help you plan your move with clarity and confidence.
