Cost of Living: Palm Bay, FL vs Pompano Beach, FL (2026)

Palm Bay

Florida
91
VS

Pompano Beach

Florida
109

Palm Bay is 17% cheaper than Pompano Beach.

$1,487/mo ↓ 9%
Median Rent
$1,636/mo ↑ 10%
$67,521/yr ↑ 6%
Median Income
$63,832/yr ↓ 5%
$248,000 ↓ 23%
Home Value
$321,900 ↑ 30%
$1,203/mo ↓ 21%
Owner Costs
$1,527/mo ↑ 27%
125,273
Population
112,212

Tax Comparison

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

Affordability

26.4%
rent-to-income
Affordability
30.8%
rent-to-income

Detailed Comparison

When comparing Palm Bay, FL and Pompano Beach, FL, the overall cost of living indices are 91 and 109 respectively (national median = 100). Rent is $149/month cheaper in Palm Bay, saving renters about $1,788/year.

Median household income is $3,689/year higher in Palm Bay. Home values also differ significantly — the median in Palm Bay is $248,000 compared to $321,900 in Pompano Beach.

Both cities share the same state tax structure since they are in Florida.

Frequently Asked Questions

Palm Bay vs Pompano Beach — common questions

Is Palm Bay or Pompano Beach cheaper to live in?
Based on our cost index, Palm Bay is cheaper to live in with an index of 91 compared to 109 (US average = 100).
What is the rent difference between Palm Bay and Pompano Beach?
Median rent in Palm Bay is $1,487/month and in Pompano Beach it's $1,636/month — a difference of $149/month.
Which city has higher income, Palm Bay or Pompano Beach?
Median household income is $67,521 in Palm Bay and $63,832 in Pompano Beach. Median household income is $3,689/year higher in Palm Bay.
How do taxes compare between Florida and Florida?
Both cities are in Florida and share the same state tax rates: 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Palm Bay or Pompano Beach?
It depends on your priorities. Palm Bay has a cost index of 91 with median rent of $1,487/mo, while Pompano Beach has a cost index of 109 with rent of $1,636/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Palm Bay details → View Pompano Beach details →

More Comparisons

Other cost of living comparisons for Palm Bay and Pompano Beach

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