CostIndexUSA

Palm Bay, FL vs Tucson, AZ Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

FL
Palm Bay
100
overall index
$1,875/mo rent
More AffordableAZ
Tucson
96.9
overall index
$1,475/mo rent

Tucson is slightly cheaper than Palm Bay — 3.1% lower overall cost of living.

To match an $80,000 salary in Palm Bay, you would need $77,500 in Tucson. Calculate your salary ↓

Category Breakdown

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

🏠 Housing17.8%
Palm Bay
111.7
Tucson
91.8
🛒 Groceries≈ Equal
Palm Bay
96.2
Tucson
96.2
🚗 Transportation+1.0%
Palm Bay
103.8
Tucson
104.8
🏥 Healthcare+1.0%
Palm Bay
93.9
Tucson
94.8
Utilities+1.6%
Palm Bay
88.1
Tucson
89.5

Salary Equivalency Calculator

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

$
Equivalent salary in Tucson, AZ
$77,500
$2,500 less needed in Tucson

Formula: salary × (96.9 ÷ 100) = salary × 0.9690. Based on BEA Regional Price Parities.

Housing Market

Palm Bay, FL

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

Tucson, AZ

Median Home Price
$338,000
Median Monthly Rent
$1,475
Housing Index
91.8
Price-to-Rent Ratio
19.1×

Palm Bay has 17.8% lower housing costs compared to Tucson.

Income & Job Market

Palm Bay, FL

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

Tucson, AZ

Median Household Income
$69,800
Per Capita Income
$39,800
Unemployment Rate
4.6%
Population
542,629
Top Industries
MilitaryEducationHealthcareTourismManufacturing

Affordability at a Glance

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

Palm Bay, FL
3.5×income-to-rent ratio

71% of income left after rent (median)

Tucson, AZ
3.9×income-to-rent ratio

75% 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.