Is West Palm Beach cheaper than Miami?
Is West Palm Beach cheaper 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.
What is so special about West Palm Beach Florida?
Situated just west of Palm Beach along the Intracoastal Waterway, West Palm Beach is known for its superb climate, thriving arts and culture scene and charming historic neighborhoods.
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.
How many billionaires live in West Palm Beach?
From 2012 to 2022, the Florida city saw a millionaire growth rate of 90%. According to the report, in December 2022, West Palm Beach was home to 9,400 millionaires, 64 centi-millionaires, and six billionaires. West Palm Beach also ranked as a top three city in the U.S. where millionaires are buying second homes.