Cost of Living: Palm Bay, FL vs Tyler, TX (2026)

Palm Bay

Florida
91
VS

Tyler

Texas
79

Palm Bay is 15% more expensive than Tyler.

$1,487/mo ↑ 24%
Median Rent
$1,199/mo ↓ 19%
$67,521/yr ↑ 3%
Median Income
$65,527/yr ↓ 3%
$248,000 ↑ 15%
Home Value
$216,400 ↓ 13%
$1,203/mo ↑ 3%
Owner Costs
$1,170/mo ↓ 3%
125,273
Population
107,718

Tax Comparison

0%
Income Tax
0%
6.0%
State Sales Tax
6.25%
0.86%
Property Tax
1.6%

Affordability

26.4%
rent-to-income
Affordability
22.0%
rent-to-income

Detailed Comparison

When comparing Palm Bay, FL and Tyler, TX, the overall cost of living indices are 91 and 79 respectively (national median = 100). Rent is $288/month cheaper in Tyler, saving renters about $3,456/year.

Median household income is $1,994/year higher in Palm Bay. Home values also differ significantly — the median in Palm Bay is $248,000 compared to $216,400 in Tyler.

Frequently Asked Questions

Palm Bay vs Tyler — common questions

Is Palm Bay or Tyler cheaper to live in?
Based on our cost index, Tyler is cheaper to live in with an index of 79 compared to 91 (US average = 100).
What is the rent difference between Palm Bay and Tyler?
Median rent in Palm Bay is $1,487/month and in Tyler it's $1,199/month — a difference of $288/month.
Which city has higher income, Palm Bay or Tyler?
Median household income is $67,521 in Palm Bay and $65,527 in Tyler. Median household income is $1,994/year higher in Palm Bay.
How do taxes compare between Florida and Texas?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Palm Bay or Tyler?
It depends on your priorities. Palm Bay has a cost index of 91 with median rent of $1,487/mo, while Tyler has a cost index of 79 with rent of $1,199/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Palm Bay details → View Tyler details →

More Comparisons

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