CostIndexUSA

Palm Bay, FL vs Tuscaloosa, AL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

FL
Palm Bay
100
overall index
$1,875/mo rent
More AffordableAL
Tuscaloosa
87.7
overall index
$1,525/mo rent

Tuscaloosa is moderately cheaper than Palm Bay — 12.3% lower overall cost of living.

To match an $80,000 salary in Palm Bay, you would need $70,200 in Tuscaloosa. Calculate your salary ↓

Category Breakdown

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

🏠 Housing47.9%
Palm Bay
111.7
Tuscaloosa
58.2
🛒 Groceries≈ Equal
Palm Bay
96.2
Tuscaloosa
96.4
🚗 Transportation2.2%
Palm Bay
103.8
Tuscaloosa
101.5
🏥 Healthcare2.1%
Palm Bay
93.9
Tuscaloosa
91.9
Utilities4.2%
Palm Bay
88.1
Tuscaloosa
84.4

Salary Equivalency Calculator

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

$
Equivalent salary in Tuscaloosa, AL
$70,200
$9,800 less needed in Tuscaloosa

Formula: salary × (87.7 ÷ 100) = salary × 0.8770. 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×

Tuscaloosa, AL

Median Home Price
$213,000
Median Monthly Rent
$1,525
Housing Index
58.2
Price-to-Rent Ratio
11.6×

Palm Bay has 47.9% lower housing costs compared to Tuscaloosa.

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

Tuscaloosa, AL

Median Household Income
$58,200
Per Capita Income
$33,200
Unemployment Rate
5.9%
Population
99,543
Top Industries
EducationHealthcareManufacturingAutomotiveGovernment

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)

Tuscaloosa, AL
3.2×income-to-rent ratio

69% 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.