Cost of Living: Palm Bay, FL vs Sparks, NV (2026)

Palm Bay

Florida
91
VS

Sparks

Nevada
126

Palm Bay is 28% cheaper than Sparks.

$1,487/mo ↓ 10%
Median Rent
$1,651/mo ↑ 11%
$67,521/yr ↓ 22%
Median Income
$86,979/yr ↑ 29%
$248,000 ↓ 46%
Home Value
$455,900 ↑ 84%
$1,203/mo ↓ 25%
Owner Costs
$1,610/mo ↑ 34%
125,273
Population
109,106

Tax Comparison

0%
Income Tax
0%
6.0%
State Sales Tax
6.85%
0.86%
Property Tax
0.53%

Affordability

26.4%
rent-to-income
Affordability
22.8%
rent-to-income

Detailed Comparison

When comparing Palm Bay, FL and Sparks, NV, the overall cost of living indices are 91 and 126 respectively (national median = 100). Rent is $164/month cheaper in Palm Bay, saving renters about $1,968/year.

Median household income is $19,458/year higher in Sparks. Home values also differ significantly — the median in Palm Bay is $248,000 compared to $455,900 in Sparks.

Frequently Asked Questions

Palm Bay vs Sparks — common questions

Is Palm Bay or Sparks cheaper to live in?
Based on our cost index, Palm Bay is cheaper to live in with an index of 91 compared to 126 (US average = 100).
What is the rent difference between Palm Bay and Sparks?
Median rent in Palm Bay is $1,487/month and in Sparks it's $1,651/month — a difference of $164/month.
Which city has higher income, Palm Bay or Sparks?
Median household income is $67,521 in Palm Bay and $86,979 in Sparks. Median household income is $19,458/year higher in Sparks.
How do taxes compare between Florida and Nevada?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax.
Should I move to Palm Bay or Sparks?
It depends on your priorities. Palm Bay has a cost index of 91 with median rent of $1,487/mo, while Sparks has a cost index of 126 with rent of $1,651/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Palm Bay details → View Sparks details →

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