Cost of Living: Palm Bay, FL vs Concord, CA (2026)

Palm Bay

Florida
91
VS

Concord

California
187

Palm Bay is 96% cheaper than Concord.

$1,487/mo ↓ 33%
Median Rent
$2,226/mo ↑ 50%
$67,521/yr ↓ 38%
Median Income
$109,195/yr ↑ 62%
$248,000 ↓ 67%
Home Value
$755,900 ↑ 205%
$1,203/mo ↓ 47%
Owner Costs
$2,284/mo ↑ 90%
125,273
Population
124,260

Tax Comparison

0%
Income Tax
13.3%
6.0%
Sales Tax
7.25%
0.86%
Property Tax
0.71%

Affordability

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

Detailed Comparison

When comparing Palm Bay, FL and Concord, CA, the overall cost of living indices are 91 and 187 respectively (national median = 100). Rent is $739/month cheaper in Palm Bay, saving renters about $8,868/year.

Median household income is $41,674/year higher in Concord. Home values also differ significantly — the median in Palm Bay is $248,000 compared to $755,900 in Concord.

Florida has no state income tax, giving Palm Bay residents a significant tax advantage over California's 13.3% rate.

Frequently Asked Questions

Palm Bay vs Concord — common questions

Is Palm Bay or Concord cheaper to live in?
Based on our cost index, Palm Bay is cheaper to live in with an index of 91 compared to 187 (US average = 100).
What is the rent difference between Palm Bay and Concord?
Median rent in Palm Bay is $1,487/month and in Concord it's $2,226/month — a difference of $739/month.
Which city has higher income, Palm Bay or Concord?
Median household income is $67,521 in Palm Bay and $109,195 in Concord. Median household income is $41,674/year higher in Concord.
How do taxes compare between Florida and California?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. California has 13.3% income tax, 7.25% sales tax, and 0.71% property tax.
Should I move to Palm Bay or Concord?
It depends on your priorities. Palm Bay has a cost index of 91 with median rent of $1,487/mo, while Concord has a cost index of 187 with rent of $2,226/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Palm Bay details → View Concord details →