Is West Palm Beach cheaper than Miami?

Living in West Palm Beach is ideal for anyone who wants a fun culture and great year-round weather. In addition, the cost of living in West Palm Beach is only 6% higher than the Florida average, which is more affordable than Miami's cost of living, which is 11% higher than the Florida average.



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Situated just west of Palm Beach along the Intracoastal Waterway, West Palm Beach is known for its superb climate, thriving arts and culture scene and charming historic neighborhoods.

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Palm Beach County has around 44 billionaires. The super-rich are flocking there for business opportunities, convenient transport links, and a chance to live in 'paradise. ' Palm Beach County's grew twice as fast as the US average over the past decade.

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From 2012 to 2022, the Florida city saw a millionaire growth rate of 90%. According to the report, in December 2022, West Palm Beach was home to 9,400 millionaires, 64 centi-millionaires, and six billionaires. West Palm Beach also ranked as a top three city in the U.S. where millionaires are buying second homes.

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