Cost of Living: Palm bay, FL vs Suffolk, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Palm bay | Suffolk |
|---|---|---|
| Housing Index | 110.9 | 90.0 |
| Median Home Price | $346,000 | $323,900 |
| Average Rent (2 BR Apartment) | $1453 | $1531 |
| Average Rent (2 BR House) | $1580 | $1664 |
Housing Comparison: Palm bay vs Suffolk
- In Palm bay, the median home price is higher at $346,000, while in Suffolk it is $323,900.
- In Suffolk, the rental for a two-bedroom apartment stands at $1,531, while it is $1,453 in Palm bay.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Palm bay | Suffolk |
|---|---|---|
| Electricity Price | $13.89 | $15.31 |
| Natural Gas Price | $26.13 | $19.91 |
| Other Utilities | $243 | $250 |
Utilities Comparison: Palm bay vs Suffolk
- Suffolk has higher electricity costs at $15.31 per kWh, versus $13.89 in Palm bay.
- Natural gas is more expensive in Palm bay at $26.13 per unit, while it is cheaper at $19.91 in Suffolk.
- Suffolk has higher utility expenses, averaging $250, while Palm bay averages $243.