City comparison
Palm Bay, FL vs Pensacola, FL
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Prices in Palm Bay, FL are 2.3% higher than in Pensacola, FL. Someone earning $100,000 in Pensacola, FL would need about $102,300 in Palm Bay, FL to live the same way.
- Rent is the bigger story: a typical 1-bedroom costs $1,478 a month in Palm Bay, FL versus $1,257 in Pensacola, FL. On $100,000, that's 22% of take-home pay in Palm Bay, FL and 19% in Pensacola, FL.
- Both are in FL, so estimated state income tax is the same: $0 a year on $100,000.
- For federal employees, locality pay changes a GS-13 step 1 salary by −0.7% moving from Palm Bay, FL to Pensacola, FL ($107,228 → $106,437), while prices change by −2.3%. Net effect of the transfer: +1.6% in real buying power.
- Palm Bay, FL: price level 100.0 (about average)
- Pensacola, FL: price level 97.7 (cheaper)
Map drawn from Census Bureau state boundaries and metro locations9,10; dot colours show BEA price levels2.
Side by side
| Palm Bay, FL | Pensacola, FL | |
|---|---|---|
| Price level (U.S. = 100)2 | 100.0 | 97.7 |
| $100,000 is worth, in the other city2 | $97,712 in Pensacola | $102,341 in Palm Bay |
| Typical 1-bedroom rent3 | $1,478/mo | $1,257/mo |
| Take-home on $100,00014,15,8 | $79,180 | $79,180 |
| State income tax on $100,000 (estimate)8 | $0 (FL) | $0 (FL) |
| Rent burden on $100,000 | 22% | 19% |
| Median pay, all jobs4 | $49,030 | $46,240 |
| Federal locality pay area7 | Palm Bay-Melbourne-Titusville, FL | Rest of U.S. |
Rent areas: Palm Bay-Melbourne-Titusville, FL MSA and Pensacola-Ferry Pass-Brent, FL MSA. Metro areas: Palm Bay-Melbourne-Titusville, FL and Pensacola-Ferry Pass-Brent, FL.
What costs more or less
| Price level (U.S. = 100) | Palm Bay | Pensacola |
|---|---|---|
| Housing (rent) | 111.7 | 98.8 |
| Goods | 96.2 | 96.2 |
| Utilities | 88.1 | 88.5 |
| Other services | 98.9 | 98.9 |
| Overall | 100.0 | 97.7 |
Moving with the same $100,000 salary
Palm Bay, FL → Pensacola, FL
Same pay goes further
Buying power +2.3%; rent takes 19% of take-home; state tax +$0/yr.
76 Strong offer
Pensacola, FL → Palm Bay, FL
Same pay buys less
Buying power −2.3%; rent takes 22% of take-home; state tax +$0/yr.
62 Fair offer
On the GS pay scale?
Palm Bay, FL is in the Palm Bay-Melbourne-Titusville, FL pay area; Pensacola, FL is in Rest of U.S.. The last column shows what a transfer from Palm Bay, FL to Pensacola, FL at the same grade and step does to real buying power.
| Grade5,2 | Palm Bay, FL | Pensacola, FL | Real change, Palm Bay → Pensacola |
|---|---|---|---|
| GS-9 step 1 | $62,181 | $61,722 | +1.6% |
| GS-11 step 1 | $75,233 | $74,678 | +1.6% |
| GS-12 step 1 | $90,173 | $89,508 | +1.6% |
| GS-13 step 1 | $107,228 | $106,437 | +1.6% |
| GS-14 step 1 | $126,711 | $125,776 | +1.6% |
Pay for common jobs
| Median annual pay4 | Palm Bay, FL | Pensacola, FL | Pensacola pay in Palm Bay dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $62,510 | $50,360 | $51,539 (−17.6%) |
| Software Developers | $131,760 | $108,430 | $110,969 (−15.8%) |
| Accountants and Auditors | $75,860 | $76,410 | $78,199 (+3.1%) |
| Registered Nurses | $80,900 | $77,890 | $79,714 (−1.5%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.