Cost of Living: Murfreesboro, TN vs Palm Bay, FL (2026)

Murfreesboro

Tennessee
105
VS

Palm Bay

Florida
91

Murfreesboro is 15% more expensive than Palm Bay.

$1,376/mo ↓ 7%
Median Rent
$1,487/mo ↑ 8%
$76,241/yr ↑ 13%
Median Income
$67,521/yr ↓ 11%
$365,100 ↑ 47%
Home Value
$248,000 ↓ 32%
$1,435/mo ↑ 19%
Owner Costs
$1,203/mo ↓ 16%
157,547
Population
125,273

Tax Comparison

0%
Income Tax
0%
7.0%
State Sales Tax
6.0%
0.64%
Property Tax
0.86%

Affordability

21.7%
rent-to-income
Affordability
26.4%
rent-to-income

Detailed Comparison

When comparing Murfreesboro, TN and Palm Bay, FL, the overall cost of living indices are 105 and 91 respectively (national median = 100). Rent is $111/month cheaper in Murfreesboro, saving renters about $1,332/year.

Median household income is $8,720/year higher in Murfreesboro. Home values also differ significantly — the median in Murfreesboro is $365,100 compared to $248,000 in Palm Bay.

Frequently Asked Questions

Murfreesboro vs Palm Bay — common questions

Is Murfreesboro or Palm Bay cheaper to live in?
Based on our cost index, Palm Bay is cheaper to live in with an index of 91 compared to 105 (US average = 100).
What is the rent difference between Murfreesboro and Palm Bay?
Median rent in Murfreesboro is $1,376/month and in Palm Bay it's $1,487/month — a difference of $111/month.
Which city has higher income, Murfreesboro or Palm Bay?
Median household income is $76,241 in Murfreesboro and $67,521 in Palm Bay. Median household income is $8,720/year higher in Murfreesboro.
How do taxes compare between Tennessee and Florida?
Tennessee has 0% income tax, 7.0% sales tax, and 0.64% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Murfreesboro or Palm Bay?
It depends on your priorities. Murfreesboro has a cost index of 105 with median rent of $1,376/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 Murfreesboro details → View Palm Bay details →

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