How expensive is West Palm Beach?
How expensive is West Palm Beach? Palm Beach's cost of living is 97% higher than the Florida average, and median home prices in the area are $955,600. Meanwhile, West Palm Beach's cost of living is only 8% higher than the Florida average, with a median home price of only $198,100.
Why do rich people love Palm Beach?
Palm Beach County has around 44 billionaires. The super-rich are flocking there for business opportunities, convenient transport links, and a chance to live in 'paradise. ' Palm Beach County's grew twice as fast as the US average over the past decade.
What is the richest part of Palm Beach?
- West Palm Beach. Median household income: $54.3 thousand. ...
- Palm Beach. Median household income: $105 thousand. ...
- Wellington. Median household income: $81 thousand. ...
- Jupiter Inlet Colony. Median household income: $133 thousand. ...
- Manalapan. ...
- Highland Beach.
Is West Palm Beach more expensive than Miami?
Living in West Palm Beach is ideal for anyone who wants a fun culture and great year-round weather. In addition, the cost of living in West Palm Beach is only 6% higher than the Florida average, which is more affordable than Miami's cost of living, which is 11% higher than the Florida average.