City Comparison

Kissimmee vs Palm Bay

Cost of Living Comparison · 2026

Kissimmee

Florida
101
Average
$365,000
Median Home
$1,425/mo
Median Rent
$51,300
Median Income

Palm Bay

Florida
96
Average
$315,000
Median Home
$1,600/mo
Median Rent
$72,600
Median Income

The Verdict

5.2%

The cost gap between these cities is 5.2%, with Palm Bay being the more affordable option. A $75,000 income in Kissimmee has equivalent purchasing power to $71,287 in Palm Bay.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
111
Kissimmee
90
Palm Bay
Groceries
100
Kissimmee
101
Palm Bay
Utilities
88
Kissimmee
97
Palm Bay
Transportation
95
Kissimmee
102
Palm Bay
Healthcare
90
Kissimmee
93
Palm Bay

Salary Equivalence

A $75,000 salary in Kissimmee has the same purchasing power as $71,287 in Palm Bay.

Conversely, $75,000 in Palm Bay equals $78,906 in Kissimmee.

Living in Kissimmee vs Palm Bay

Housing Costs

Kissimmee's housing index of 111 is higher Palm Bay's 90, translating to median home prices of $365,000 vs $315,000. The $50,000 difference in home prices means roughly $3,252 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,425/mo in Kissimmee compared to $1,600/mo in Palm Bay, a monthly difference of $175.

Grocery & Food Costs

Grocery expenses index at 100 in Kissimmee and 101 in Palm Bay. A household spending the national average of $475/month on groceries would pay approximately $475/month in Kissimmee vs $480/month in Palm Bay. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 88 in Kissimmee and 97 in Palm Bay. Monthly utility bills average approximately $352 in Kissimmee vs $388 in Palm Bay. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 90 in Kissimmee and 93 in Palm Bay. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $51,300 in Kissimmee and $72,600 in Palm Bay. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $50,792 and $75,625 respectively. Palm Bay residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,197/month to housing in Kissimmee vs $1,694/month in Palm Bay. In Kissimmee, median rent of $1,425/mo exceeds this threshold, suggesting renters may feel stretched. In Palm Bay, median rent of $1,600/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 21 index points — focus your budget analysis there.

Frequently Asked Questions

Palm Bay is 5.2% more affordable overall with an index of 96 vs 101.
A $75,000 salary in Kissimmee has equivalent purchasing power to approximately $71,287 in Palm Bay, based on the cost of living difference.
Kissimmee's housing index is 111 with median homes at $365,000, while Palm Bay's is 90 with median homes at $315,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases