CostIndexUSA

Aurora, CO vs Palm Bay, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CO
Aurora
105.8
overall index
$1,850/mo rent
More AffordableFL
Palm Bay
100
overall index
$1,875/mo rent

Palm Bay is moderately cheaper than Aurora — 5.5% lower overall cost of living.

To match an $80,000 salary in Aurora, you would need $75,600 in Palm Bay. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing24.0%
Aurora
146.9
Palm Bay
111.7
🛒 Groceries4.8%
Aurora
101
Palm Bay
96.2
🚗 Transportation0.6%
Aurora
104.4
Palm Bay
103.8
🏥 Healthcare0.6%
Aurora
94.5
Palm Bay
93.9
Utilities≈ Equal
Aurora
87.9
Palm Bay
88.1

Salary Equivalency Calculator

Enter your current salary in Aurora to see what you'd need to earn in Palm Bay to maintain the same purchasing power.

$
Equivalent salary in Palm Bay, FL
$75,600
$4,400 less needed in Palm Bay

Formula: salary × (100 ÷ 105.8) = salary × 0.9452. Based on BEA Regional Price Parities.

Housing Market

Aurora, CO

Median Home Price
$559,000
Median Monthly Rent
$1,850
Housing Index
146.9
Price-to-Rent Ratio
25.2×

Palm Bay, FL

Median Home Price
$336,000
Median Monthly Rent
$1,875
Housing Index
111.7
Price-to-Rent Ratio
14.9×

Aurora has 24.0% lower housing costs compared to Palm Bay.

Income & Job Market

Aurora, CO

Median Household Income
$103,100
Per Capita Income
$58,800
Unemployment Rate
3.6%
Population
366,623
Top Industries
HealthcareAerospaceTechnologyGovernmentRetail

Palm Bay, FL

Median Household Income
$78,600
Per Capita Income
$44,800
Unemployment Rate
5.1%
Population
119,760
Top Industries
AerospaceHealthcareTechnologyManufacturingRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Aurora, CO
4.6×income-to-rent ratio

78% of income left after rent (median)

Palm Bay, FL
3.5×income-to-rent ratio

71% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.