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Metropolitan Statistical Area

Cost of living in the Palm Bay Metro Area

1 counties across FL. Population: 620,533.

Avg. 1-bed rent
$1,408/mo
Avg. household income
$75,817/yr
Avg. home value
$304,400
Avg. monthly cost
$3,317/mo

Last updated May 22, 2026

Rent in the Palm Bay Metro Area

Average rent across the Palm Bay-Melbourne-Titusville metro area, weighted by county population.

Studio
$1,203
per month
1 bedroom
$1,408
per month
2 bedroom
$1,635
per month
3 bedroom
$2,224
per month
4 bedroom
$2,545
per month

Source: HUD FMR + ACS (population-weighted metro average)

Income and earnings in the Palm Bay Metro Area

Earnings data averaged across all 1 counties.

Household income
$75,817
per year
Individual earnings
$40,908
per year
Per capita
$42,738
per year

Source: ACS (population-weighted metro average)

Home values in the Palm Bay Metro Area

Average home values and annual property tax across the metro.

Average home value
$304,400
Average annual property tax
$2,139

Source: ACS (population-weighted metro average)

Energy costs in the Palm Bay Metro Area

Residential electricity and natural gas estimates.

Monthly electricity
$176
per month
Monthly gas
$21
per month
Annual total
$2,364
per year

Source: EIA (state averages applied per county, weighted)

All 1 counties in the Palm Bay Metro Area

The Palm Bay-Melbourne-Titusville metro area includes 1 counties. Sorted by population.

Compare counties in the Palm Bay Metro Area

Put two counties side by side to see how rent, taxes and everyday costs stack up across the metro.

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Frequently asked questions about the Palm Bay Metro Area

Common questions about cost of living in the metro area.

What is the cost of living in the Palm Bay Metro Area?

The estimated average cost of living in the Palm Bay-Melbourne-Titusville metro area is approximately $3,317 per month for a single person. This is a population-weighted average across the 1 counties that make up the metro area.

What is the average rent in the Palm Bay Metro Area?

The average one-bedroom rent across the Palm Bay-Melbourne-Titusville metro area is $1,408 per month, based on HUD Fair Market Rent data weighted by county population.

What is the cheapest county in the Palm Bay Metro Area?

Brevard County, FL is the most affordable county in the Palm Bay-Melbourne-Titusville metro area at approximately $3,317 per month for a single person.

What is the most expensive county in the Palm Bay Metro Area?

Brevard County, FL is the most expensive county in the Palm Bay-Melbourne-Titusville metro area at approximately $3,317 per month for a single person.

How many counties are in the Palm Bay Metro Area?

The Palm Bay-Melbourne-Titusville metro area covers 1 counties. The five largest by population are Daytona Beach.

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About this data

All figures come from official U.S. government sources. Metro-area averages are population-weighted across constituent counties using Census ACS population estimates.