Cost of Living in North Palm Beach, FL
Population 13,089 · Florida · Data vintage 2023
(100 = US avg)
North Palm Beach skews considerably older than the national median, with an average age of 56. Reported household income of $91,042 often reflects pension and investment income rather than wages, which makes the local tax picture — especially property tax treatment — a larger factor than in working-age cities. An unemployment rate of 2.0% points to a labor market well on the tight side of the national distribution.
Located 7 miles northeast of West Palm Beach, North Palm Beach falls within that metro's commuting orbit. Median home values run roughly 23% higher than West Palm Beach's $370,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in North Palm Beach
The median home value in North Palm Beach is $456,700 — 50% above the national median of $305,000. Median rent runs $1,929/month, 47% higher than the national median of $1,314/month. The median household income of $91,042/year is 22% higher than the US median of $74,580. The local unemployment rate is 2.0%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, North Palm Beach has a cost of living index of 149 versus the US average of 100, meaning it is 49% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in North Palm Beach, FL?
North Palm Beach has a cost index of 149 (100 = national average). It is 49% above the national average.
What is average rent in North Palm Beach, FL?
The median gross rent in North Palm Beach is $1,929 per month based on 2023 Census data.
What is the average home price in North Palm Beach?
The median home value in North Palm Beach is $456,700 according to Zillow and Census data.
What is the median income in North Palm Beach?
The median household income in North Palm Beach is $91,042 per year (2023 ACS 5-year estimates).
What is the sales tax in North Palm Beach, FL?
The combined state and local sales tax rate in North Palm Beach is 7.0%. Florida has no state income tax.
Is North Palm Beach, FL affordable?
North Palm Beach is above average in cost of living, with an index of 149 — about 49% higher than the national average.
North Palm Beach at a Glance
- Population
- 13,089
- Median Income
- $91,042
- Home Value
- $456,700
- Median Rent
- $1,929/mo
- Unemployment
- 2.0%
- Sales Tax
- 7.0%
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Florida Rankings
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