Cost of Living

Cost of Living

This collection of data and information promote the true cost-of-living in a region, assist in business recruitment and retention, and provide comparisons to other areas of the country.

The Florida Price Level Index (FPLI) measures the relative costs of living across Florida’s counties. The FPLI was established by the Legislature as the basis for the District Cost Differential (DCD) in the Florida Education Finance Program (FEFP).

FPLI Cost of Living 2013


                                 
Palm Beach County Florida Price Level Index 1997-2013

                          Source: Bureau of Economic and Business Research


The ACCRA Cost of Living Index measures relative price levels for consumer goods and services in participating areas. The average for all participating places, both metropolitan and nonmetropolitan, equals 100 (i.e. The National Average equals 100). Each participant's index is read as a percentage of the average for all places. The index does not measure inflation. The index reflects cost differences for a mid-management standard of living, and actual cost of living differences can change based on your residential location. Because the number of items priced is limited, it is not valid to treat percentage differences between areas as exact measures. The index does not take taxes into consideration.

ACCRA Cost of Living 2006

*The Palm Beach County Division has not reported cost of living figures from 2006Q3 to 2007Q3, but is expected to report for the fourth quarter of 2007. When new figures are released they will be posted.  

The last reported Index average 2006(Q2) – 2007(Q1):

Composite  Index

 Grocery  

 Housing  

 Utilities  

Transportation

 Healthcare 

Misc.
Goods &  Services 

117.5

109.2

143.0

96.2

109.3

113.0

109.2

For more information contact:

Judy Fancher
Administrative Assistant
Economic Development & Research

Phone: 561.835.1008 Ext. 4112
jfancher@bdb.org

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