There are 20 independent living communities near Palm Beach, Florida. The average cost / day for independent living in Florida is approximately $55, with costs ranging between $16 and $145 per day. On a per month basis, this equates to an average cost of $1,650, with costs ranging from around $467 up to $4,356. The average annual cost is $19,800, which is less than the nationwide average of $23,100.
The cost of independent living in Palm Beach can range from about $550 per month up to $3,163 per month. The average cost is around $1,513 per month, or around $18,150 annually.
Palm Beach is a small city in Palm Beach County, Florida. It is part of the Miami-Fort Lauderdale-Pompano Beach metropolitan area. While the surrounding metropolitan area contains 4,379,209 people, there are 9,549 within the city limits. Those who are 55 and over comprise about 75% of the total population.
Palm Beach has an excellent SeniorScore™ of 93. The city has a median per capita income of $124,000. The average household income is $95,000 in comparison to the average of $40,000 for the entire state of Florida. The current unemployment rate is around 5.12% and the average housing price is $987,000, which is significantly more than the Florida average of $208,500.
Palm Beach has ideal average temperatures, with very mild winters and very balmy summers. The area receives very heavy amounts of rainfall each year. Compared to other cities, Palm Beach has an exceptionally low crime rate, moderate air quality, and moderate water quality.