Last update: Oct 2026

Cost of Living Comparison Between Austin, TX and Palm Bay, FL

For one person, living is cheaper in Palm Bay, FL: $2,340 a month against $2,607 in Austin, TX, rent and utilities included – about $3,200 less a year. Rent and utilities account for most of the difference.

125

Cost of Living Index in Austin, TX
Learn more

Austin, TX Living Index
112

Cost of Living Index in Palm Bay, FL
Learn more

Palm Bay, FL Living Index

Jump to prices

Austin, TX

🇺🇸 United States

$2,607

/mo nomad

Palm Bay, FL

🇺🇸 United States

$2,340

/mo nomad

Monthly Cost of Living

How much you'll spend in Austin, TX and in Palm Bay, FL

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Austin, TX and in Palm Bay, FL actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,607 in Austin, TX versus $2,340 in Palm Bay, FL.

Austin, TX $2,607
Palm Bay, FL $2,340

Estimated couple costs with rent: $4,031 in Austin, TX versus $3,527 in Palm Bay, FL.

Austin, TX $4,031
Palm Bay, FL $3,527

Monthly costs for a family of three with rent: $5,454 in Austin, TX versus $4,715 in Palm Bay, FL.

Austin, TX $5,454
Palm Bay, FL $4,715

Living in Austin, TX is roughly 11% more expensive than in Palm Bay, FL, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Austin, TX 92% above, Palm Bay, FL 72% above.

Meal at Budget Restaurant

$20.35 $20.35

$25.82 $25.82

-21.19%

Three-Course Dinner for Two, Mid-Range

$84.7 $84.7

$75.9 $75.9

11.56%

Fast Food Meal (McDonalds, etc)

$12.12 $12.12

$10.15 $10.15

19.41%

Cappuccino

$5.65 $5.65

$5.41 $5.41

4.44%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.68 $3.68

$3.01 $3.01

22.26%

Water (0.33 liter bottle)

$2.36 $2.36

$2.00 $2.00

18.00%

Local Beer (0.5 liter draught)

$7.87 $7.87

$5.26 $5.26

49.62%

Imported Beer (0.33 liter bottle)

$8.82 $8.82

$7.53 $7.53

17.13%

Milk (1 liter)

$1.14 $1.14

$0.93 $0.93

22.58%

White Bread (500g)

$3.69 $3.69

$3.75 $3.75

-1.60%

Rice (white) (1kg)

$3.31 $3.31

$3.10 $3.10

6.77%

Eggs

$4.15 $4.15

$3.54 $3.54

17.23%

Local Cheese (1kg)

$12.98 $12.98

$13.09 $13.09

-0.84%

Chicken Fillets (1kg)

$13.86 $13.86

$11.25 $11.25

23.20%

Beef Round Steak (1kg)

$16.34 $16.34

$14.59 $14.59

11.99%

Apples (1kg)

$4.69 $4.69

$3.87 $3.87

21.19%

Banana (1kg)

$1.45 $1.45

$1.53 $1.53

-5.23%

Oranges (1kg)

$5.11 $5.11

$4.49 $4.49

13.81%

Tomato (1kg)

$4.52 $4.52

$5.61 $5.61

-19.43%

Potato (1kg)

$3.08 $3.08

$2.86 $2.86

7.69%

Onion (1kg)

$2.38 $2.38

$3.36 $3.36

-29.17%

Lettuce (1 head)

$1.80 $1.80

$2.21 $2.21

-18.55%

Water (1.5 liter bottle)

$2.22 $2.22

$2.59 $2.59

-14.29%

Cigarettes 20 Pack (Marlboro, Camel)

$9.97 $9.97

$9.42 $9.42

5.84%

Wine (Bottle)

$15.05 $15.05

$13.16 $13.16

14.36%

Local Beer (0.5 liter bottle)

$2.91 $2.91

$1.77 $1.77

64.41%

Imported Beer (0.33 liter bottle)

$3.33 $3.33

One-way Ticket (Public Transport)

$1.22 $1.22

Public Transport Monthly Pass (Regular Price)

$40.53 $40.53

Taxi Start (Normal Tariff)

$2.78 $2.78

$10.05 $10.05

-72.34%

Taxi (Normal Tariff) (1km)

$1.65 $1.65

$1.91 $1.91

-13.61%

Taxi 1hour Waiting (Normal Tariff)

$35.39 $35.39

Gasoline (1 liter)

$0.95 $0.95

$1.04 $1.04

-8.65%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$34.2K $34.2K

$28.3K $28.3K

20.68%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$26.8K $26.8K

$26.5K $26.5K

1.02%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$223 $223

$171 $171

30.20%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$58.5 $58.5

$58.1 $58.1

0.69%

Internet (50+ Mbps, Unlimited Data)

$71.2 $71.2

$75.3 $75.3

-5.45%

Gym Membership (Monthly)

$53.0 $53.0

$34.04 $34.04

55.82%

Tennis Court (1 Hour on Weekend)

$16.75 $16.75

Cinema Ticket

$14.06 $14.06

$9.95 $9.95

41.31%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,459 $1,459

$1,016 $1,016

43.55%

International Primary School, 1 Child (Yearly)

$21.3K $21.3K

$6,962 $6,962

206.65%

Jeans (Levis 501 Or Similar)

$52.5 $52.5

$67.8 $67.8

-22.62%

Summer Dress (H&M, Zara, etc)

$42.75 $42.75

$27.56 $27.56

55.12%

Sport Shoes (Adidas, Nike)

$86.4 $86.4

$107 $107

-18.97%

Men's Leather Business Shoes

$104 $104

$101 $101

2.26%

1-bedroom Apartment, City Center (Monthly)

$2,112 $2,112

$1,411 $1,411

49.66%

1-bedroom Apartment, Outside City Center (Monthly)

$1,230 $1,230

$1,077 $1,077

14.23%

3-bedroom Apartment, City Center (Monthly)

$3,863 $3,863

$1,935 $1,935

99.62%

3-bedroom Apartment, Outside City Center (Monthly)

$2,407 $2,407

$1,895 $1,895

27.00%

Buy Apartment in City Center (m2)

$7,426 $7,426

$2,463 $2,463

201.49%

Buy Apartment Outside City Center (m2)

$3,060 $3,060

$2,528 $2,528

21.05%

Average Monthly Net Salary (After Tax)

$5,179 $5,179

$3,602 $3,602

43.80%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.82

6.56

3.96%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Austin, TX: October 26, 2026

Last update for Palm Bay, FL: October 26, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Austin, TX

$1.2K 47.2%

Palm Bay, FL

$1.1K 46% 12.5% $153

Groceries & Markets

Austin, TX

$410 15.7%

Palm Bay, FL

$384 16.4% 6.3% $26

Monthly Utilities & Internet

Austin, TX

$353 13.5%

Palm Bay, FL

$305 13% 13.6% $48

Eating Out

Austin, TX

$348 13.4%

Palm Bay, FL

$363 15.5% 4.4% $15

Clothing & Footwear

Austin, TX

$128 4.9%

Palm Bay, FL

$137 5.8% 6.3% $8.2

Sport & Entertainment

Austin, TX

$81 3.1%

Palm Bay, FL

$54 2.3% 33.5% $27

Getting Around

Austin, TX

$56 2.2%

Palm Bay, FL

$20 * 0.8% 65.3% $37

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $2,112 in Austin, TX and $1,411 in Palm Bay, FL. Housing cost is often the main lever when comparing two cities.

Austin, TX pays 44% more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $85 in Austin, TX vs $76 in Palm Bay, FL for a mid-range dinner for two. Groceries echo the gap at $410 vs $384 per month, with Palm Bay, FL cheaper across the board.

Good to know

🇺🇸 Austin, TX

🇺🇸 Palm Bay, FL

🕒 Local time

09:24 9:24 AM

10:24 10:24 AM

1 h ahead of Austin, TX

🌤 Weather

👥 Population

974,447

119,760

💱 Currency

United States Dollar USD $

📈 Exchange rate

1 USD = 0.899 EUR

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Austin, TX Palm Bay, FL 1,680 km ≈ 2 h 30 min nonstop flight

From you

Austin, TX
Palm Bay, FL

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Austin, TX vs Palm Bay, FL: Cost of Living - Frequently Asked Questions

Palm Bay, FL wins on cost – living expenses run 10% lower than in Austin, TX. Housing and daily spending are where you’ll feel the difference most, making Palm Bay, FL the obvious pick if budget is a priority.

Average pay runs 44% higher in Austin, TX, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $2,112 in Austin, TX versus $1,411 in Palm Bay, FL. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $1,459 in Austin, TX versus $1,016 in Palm Bay, FL. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Palm Bay, FL – a meal for two runs $76 versus $85 in Austin, TX. If you eat out regularly, this makes a real dent in your monthly spending.

Both cities are expensive relative to $2,000. Palm Bay, FL is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.

For families, Palm Bay, FL is more practical. Housing and childcare are both notably cheaper than in Austin, TX, and the savings on those two alone free up budget for education, activities, and family trips.

It comes down to priorities – Palm Bay, FL wins on affordability, Austin, TX on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.