CostIndexUSA

Fresno, CA vs Palm Bay, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CA
Fresno
102.2
overall index
$1,850/mo rent
More AffordableFL
Palm Bay
100
overall index
$1,875/mo rent

Palm Bay is slightly cheaper than Fresno — 2.2% lower overall cost of living.

To match an $80,000 salary in Fresno, you would need $78,300 in Palm Bay. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+16.7%
Fresno
95.7
Palm Bay
111.7
🛒 Groceries8.6%
Fresno
105.2
Palm Bay
96.2
🚗 Transportation1.4%
Fresno
105.3
Palm Bay
103.8
🏥 Healthcare1.5%
Fresno
95.3
Palm Bay
93.9
Utilities45.3%
Fresno
161
Palm Bay
88.1

Salary Equivalency Calculator

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

$
Equivalent salary in Palm Bay, FL
$78,300
$1,700 less needed in Palm Bay

Formula: salary × (100 ÷ 102.2) = salary × 0.9785. Based on BEA Regional Price Parities.

Housing Market

Fresno, CA

Median Home Price
$401,000
Median Monthly Rent
$1,850
Housing Index
95.7
Price-to-Rent Ratio
18.1×

Palm Bay, FL

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

Palm Bay has 16.7% higher housing costs compared to Fresno.

Income & Job Market

Fresno, CA

Median Household Income
$71,100
Per Capita Income
$40,500
Unemployment Rate
7.4%
Population
542,107
Top Industries
AgricultureHealthcareGovernmentEducationManufacturing

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).

Fresno, CA
3.2×income-to-rent ratio

69% 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.