Chicago, IL vs Palm Bay, FL
Moving from Chicago to Palm Bay? Here's what changes — from your equivalent salary to housing ($353,998 → $344,841 median home) and taxes.
Chicago vs Palm Bay at a glance
Bars scaled to the range across all 200 metros; labels show actual values.
To keep the same standard of living as $100,000 in Chicago, IL, you'd need about $98,864 in Palm Bay, FL (−$1,136).
Livability — Chicago, IL: 63 · Palm Bay, FL: 66 (0–100).
What your home budget buys
A $500,000 home budget gets you about 2,402 sqft in Chicago vs 2,682 sqft in Palm Bay ($208 vs $186 per sqft).
Annual cost breakdown (at $100,000)
| Category | Chicago, IL | Palm Bay, FL | Difference |
|---|---|---|---|
| Housing | $27,192 | $23,040 | −$4,152 |
| Groceries | $5,215 | $4,813 | −$402 |
| Transportation | $3,550 | $4,800 | +$1,250 |
| Utilities | $2,208 | $1,656 | −$552 |
| Insurance | $1,900 | $4,200 | +$2,300 |
| Taxes | $14,141 | $4,459 | −$9,682 |
| Total | $54,206 | $42,968 | −$11,238 |
Side by side
| Metric | Chicago, IL | Palm Bay, FL |
|---|---|---|
| Cost-of-living index | 102.5 | 101.3 |
| Unemployment rate | 6.19% | 4.86% |
| Population growth (5-yr) | 0.2% | 7.5% |
| Air quality (median AQI) | 56 | 40 |
| Big Mac price (est.) | $5.83 | $5.77 |
| Median home price | $353,998 | $344,841 |
| Home price ÷ income | 4.2× | 4.8× |
| 1-yr home appreciation | 4.4% | -2.2% |
| Price per square foot | $208 | $186 |
| Median rent | $2,266 | $1,920 |
| Total tax burden (% income) | 12.9% | 9.1% |
| Combined sales tax | 8.86% | 7.02% |
| Capital gains tax | 4.95% | None |
| Property tax rate | 2.11% | 0.72% |
| Healthcare (annual) | $6,800 | $7,500 |
| Childcare (annual, infant) | $14,000 | $10,000 |
| Vehicle property tax | None | None |
| Avg commute (min) | 31 | 26 |
| Home insurance / yr | $1,900 | $4,200 |
| Auto insurance / yr | $1,600 | $2,900 |
| Flood insurance / yr | $700 | $1,400 |
| Earthquake insurance / yr | $300 | $100 |
| Electricity ¢/kWh | 20.5 | 15.4 |
| Gas $/gal | 3.60 | 3.35 |
| Violent crime /100k | 430 | 380 |
| Avg summer high °F | 85 | 91 |
| Avg winter low °F | 15 | 52 |
| Permit difficulty (1–5) | 4 | 3 |