Cost of Living in Palm River-Clair Mel, FL

Population 26,719 · Florida · Data vintage 2023

92
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Palm River-Clair Mel's cost indicators track within a reasonable band of national figures, with median household incomes near $62,976 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.

Geographically, Palm River-Clair Mel sits roughly 5 miles west of Brandon. Median home values run roughly 17% lower than Brandon's $294,000.

Cost Overview

Housing 80
Rent 110

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Palm River-Clair Mel

The median home value in Palm River-Clair Mel is $244,100 — 20% below the national median of $305,000. Median rent runs $1,439/month, 10% higher than the national median of $1,314/month. The median household income of $62,976/year is 16% lower than the US median of $74,580. The local unemployment rate is 4.5%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Palm River-Clair Mel has a cost of living index of 92 versus the US average of 100, meaning it is 8% less expensive.

🏠 Housing

Median Home Value
$244,100
20% below avg
Median Rent
$1,439/mo
10% above avg
Price-to-Rent Ratio
14.1x
Favors buying
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,085
1 BR
$1,181
2 BR
$1,427
3 BR
$1,797
4 BR
$2,099
Owner-occupied 61.0%
Renter-occupied 39.0%

💰 Estimated Monthly Budget

Rent median rent
$1,439
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,053/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
31.1 min
15% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.2%

Commute Mode

Drove alone
68.9%
Carpooled
12.3%
Public transit
0.6%
Walked
0.8%
Bicycle
0.1%
Work from home
16.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 7.0%
State rate 6.0%
Avg local rate 1.1%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$62,976
16% below avg
Per Capita Income
$29,276
Unemployment Rate
4.5%
7% below avg
Poverty Rate
15.5%
Labor Force Participation
67.2%

🎓 Education

Bachelor's degree+ 15.7%
Graduate degree 7.0%

👥 Demographics

Median Age 35
Male median age 34.3
Female median age 36.3

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
42.7%
Good air days/yr
114
Max AQI recorded
261
PM2.5 days
102
Ozone days

Frequently Asked Questions

What is the cost of living in Palm River-Clair Mel, FL?

Palm River-Clair Mel has a cost index of 92 (100 = national average). It is 8% below the national average.

What is average rent in Palm River-Clair Mel, FL?

The median gross rent in Palm River-Clair Mel is $1,439 per month based on 2023 Census data.

What is the average home price in Palm River-Clair Mel?

The median home value in Palm River-Clair Mel is $244,100 according to 2023 Census ACS data.

What is the median income in Palm River-Clair Mel?

The median household income in Palm River-Clair Mel is $62,976 per year (2023 ACS 5-year estimates).

What is the sales tax in Palm River-Clair Mel, FL?

The combined state and local sales tax rate in Palm River-Clair Mel is 7.0%. Florida has no state income tax.

Is Palm River-Clair Mel, FL affordable?

Palm River-Clair Mel is near the national average in terms of cost of living, with an index of 92 (100 = US average).

Palm River-Clair Mel at a Glance

Population
26,719
Median Income
$62,976
Home Value
$244,100
Median Rent
$1,439/mo
Unemployment
4.5%
Sales Tax
7.0%
View all cities in Florida →
🗺️ County data for Florida

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs