CostIndexUSA

Palm Bay, FL vs Yakima, WA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

FL
Palm Bay
100
overall index
$1,875/mo rent
More AffordableWA
Yakima
95.5
overall index
$1,300/mo rent

Yakima is slightly cheaper than Palm Bay — 4.5% lower overall cost of living.

To match an $80,000 salary in Palm Bay, you would need $76,400 in Yakima. Calculate your salary ↓

Category Breakdown

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

🏠 Housing35.0%
Palm Bay
111.7
Yakima
72.6
🛒 Groceries+9.1%
Palm Bay
96.2
Yakima
105
🚗 Transportation+0.6%
Palm Bay
103.8
Yakima
104.4
🏥 Healthcare+0.6%
Palm Bay
93.9
Yakima
94.5
Utilities+4.3%
Palm Bay
88.1
Yakima
91.9

Salary Equivalency Calculator

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

$
Equivalent salary in Yakima, WA
$76,400
$3,600 less needed in Yakima

Formula: salary × (95.5 ÷ 100) = salary × 0.9550. 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×

Yakima, WA

Median Home Price
$342,000
Median Monthly Rent
$1,300
Housing Index
72.6
Price-to-Rent Ratio
21.9×

Palm Bay has 35.0% lower housing costs compared to Yakima.

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

Yakima, WA

Median Household Income
$69,500
Per Capita Income
$39,600
Unemployment Rate
4.7%
Population
92,685
Top Industries
AgricultureHealthcareManufacturingRetailGovernment

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)

Yakima, WA
4.5×income-to-rent ratio

78% 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.