CostIndexUSA

Kennewick, WA vs Palm Bay, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostWA
Kennewick
100.1
overall index
$1,700/mo rent
FL
Palm Bay
100
overall index
$1,875/mo rent

Kennewick and Palm Bay have nearly identical costs of living.

Category Breakdown

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

🏠 Housing+17.8%
Kennewick
94.8
Palm Bay
111.7
🛒 Groceries8.4%
Kennewick
105
Palm Bay
96.2
🚗 Transportation0.6%
Kennewick
104.4
Palm Bay
103.8
🏥 Healthcare0.6%
Kennewick
94.5
Palm Bay
93.9
Utilities5.9%
Kennewick
93.6
Palm Bay
88.1

Salary Equivalency Calculator

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

$
Equivalent salary in Palm Bay, FL
$79,900
$100 less needed in Palm Bay

Formula: salary × (100 ÷ 100.1) = salary × 0.9990. Based on BEA Regional Price Parities.

Housing Market

Kennewick, WA

Median Home Price
$431,000
Median Monthly Rent
$1,700
Housing Index
94.8
Price-to-Rent Ratio
21.1×

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 17.8% higher housing costs compared to Kennewick.

Income & Job Market

Kennewick, WA

Median Household Income
$83,100
Per Capita Income
$47,400
Unemployment Rate
5.3%
Population
84,347
Top Industries
EnergyAgricultureHealthcareManufacturingRetail

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).

Kennewick, WA
4.1×income-to-rent ratio

75% 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.