Cost of Living: Augusta, GA vs Palm Bay, FL (2026)

Augusta

Georgia
67
VS

Palm Bay

Florida
91

Augusta is 26% cheaper than Palm Bay.

$1,087/mo ↓ 27%
Median Rent
$1,487/mo ↑ 37%
$53,134/yr ↓ 21%
Median Income
$67,521/yr ↑ 27%
$162,900 ↓ 34%
Home Value
$248,000 ↑ 52%
$1,053/mo ↓ 12%
Owner Costs
$1,203/mo ↑ 14%
201,504
Population
125,273

Tax Comparison

5.49%
Income Tax
0%
4.0%
State Sales Tax
6.0%
0.92%
Property Tax
0.86%

Affordability

24.5%
rent-to-income
Affordability
26.4%
rent-to-income

Detailed Comparison

When comparing Augusta, GA and Palm Bay, FL, the overall cost of living indices are 67 and 91 respectively (national median = 100). Rent is $400/month cheaper in Augusta, saving renters about $4,800/year.

Median household income is $14,387/year higher in Palm Bay. Home values also differ significantly — the median in Augusta is $162,900 compared to $248,000 in Palm Bay.

Florida has no state income tax, giving Palm Bay residents a significant tax advantage over Georgia's 5.49% rate.

Frequently Asked Questions

Augusta vs Palm Bay — common questions

Is Augusta or Palm Bay cheaper to live in?
Based on our cost index, Augusta is cheaper to live in with an index of 67 compared to 91 (US average = 100).
What is the rent difference between Augusta and Palm Bay?
Median rent in Augusta is $1,087/month and in Palm Bay it's $1,487/month — a difference of $400/month.
Which city has higher income, Augusta or Palm Bay?
Median household income is $53,134 in Augusta and $67,521 in Palm Bay. Median household income is $14,387/year higher in Palm Bay.
How do taxes compare between Georgia and Florida?
Georgia has 5.49% income tax, 4.0% sales tax, and 0.92% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Augusta or Palm Bay?
It depends on your priorities. Augusta has a cost index of 67 with median rent of $1,087/mo, while Palm Bay has a cost index of 91 with rent of $1,487/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Augusta details → View Palm Bay details →

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