Compare / Charlotte to Palm Bay
Charlotte, NC vs Palm Bay, FL
Simple answer
You'd likely save $6 a month in Palm Bay.
This is the HUD 2-bedroom fair-market rent for October 2026 through September 2027. It is not your lease.
The largest cost gap in this pair is housing prices. The BEA housing price parity differs by 14.1 points (Charlotte 97.6, Palm Bay 111.7).
North Carolina taxes wages at a flat 3.99%. Florida has no tax on wages. Combined sales tax differs by 0.0 percentage points, higher in North Carolina. The effective property tax gap is 0.14 percentage points, higher in Florida.
After a move from North Carolina to Florida, these benefit results change for a family of four at $40,000 and a single adult at $18,000: Marketplace premium tax credits, Medicaid and CHIP.
A $75,000 salary in Charlotte lines up with about $77,047 in Palm Bay on the 2024 all-items price parity. Census median gross rent and the commute figures are 2024. Fair Market Rents are fiscal year 2027.
Charlotte
Charlotte-Concord-Gastonia, NC-SC
- 2-bedroom Fair Market Rent
- $1,785
- HUD area
- Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area
- Census median gross rent
- $1,594
- All-items price parity
- 97.3
- Goods price parity
- 96.6
- Utilities price parity
- 89.2
- Mean commute
- 27.5 min
- Median household income
- $85,938
Palm Bay
Palm Bay-Melbourne-Titusville, FL
- 2-bedroom Fair Market Rent
- $1,779
- HUD area
- Palm Bay-Melbourne-Titusville, FL MSA
- Census median gross rent
- $1,681
- All-items price parity
- 100.0
- Goods price parity
- 96.2
- Utilities price parity
- 88.1
- Mean commute
- 26.5 min
- Median household income
- $78,196
Equivalent salary
The first number keeps the same place in the national price level. The second also runs 2026 federal income tax, employee Social Security and Medicare, and a simplified state income tax. Groceries use the BEA goods price parity, not a grocery receipt.
$77,047
Salary in Palm Bay that matches the 2024 all-items regional price parity.
$73,763
Gross salary in Palm Bay whose after-tax pay buys the same basket, using price parities.
$74,748
Scales the salary by the ratio of HUD 2-bedroom Fair Market Rents. Rent is not the whole budget.
Taxes on the two sides of the move
| Tax | North Carolina | Florida |
|---|---|---|
| State income tax on wages | 3.99% flat | No wage tax |
| Combined sales tax, Jan 1, 2026 | 7.0% | 7.0% |
| Effective property tax, ACS 2024 median / median | 0.61% | 0.75% |
On a $400,000 home, the state median effective rate implies about $2,455 a year in North Carolina and $3,016 in Florida. That illustration is not a local bill. Childcare prices are not in the verified dataset for these metros.
Benefits if you land in Florida
Same household, $40,000 a year, scored once in North Carolina and once in Florida. This is an illustration, not your application.
Food stamps (SNAP)
CharlotteLikely eligible
Palm BayLikely eligible
Medicaid and CHIP
CharlotteLikely eligible
Palm BayLikely eligible
WIC
CharlotteLikely eligible
Palm BayLikely eligible
School meals
CharlotteLikely eligible
Palm BayLikely eligible
LIHEAP
CharlotteMaybe
Palm BayMaybe
Earned Income Tax Credit
CharlotteLikely eligible
Palm BayLikely eligible
Child Tax Credit
CharlotteLikely eligible
Palm BayLikely eligible
Marketplace premium tax credits
CharlotteUnlikely
Palm BayLikely eligible
Lifeline phone and internet
CharlotteLikely eligible
Palm BayLikely eligible
SSI
CharlotteUnlikely
Palm BayUnlikely
| Program | Charlotte | Palm Bay |
|---|---|---|
| Food stamps (SNAP) | Likely eligible | Likely eligible |
| Medicaid and CHIP | Likely eligible | Likely eligible |
| WIC | Likely eligible | Likely eligible |
| School meals | Likely eligible | Likely eligible |
| LIHEAP | Maybe | Maybe |
| Earned Income Tax Credit | Likely eligible | Likely eligible |
| Child Tax Credit | Likely eligible | Likely eligible |
| Marketplace premium tax credits | Unlikely | Likely eligible |
| Lifeline phone and internet | Likely eligible | Likely eligible |
| SSI | Unlikely | Unlikely |
Marketplace premium tax credits changes. In Charlotte the result is “Unlikely — Medicaid is the closer program.” In Palm Bay it is “Likely inside the 2026 subsidy range.” North Carolina expanded Medicaid, and this income is in the Medicaid range. Marketplace subsidies are usually not the program in that case.
Related comparisons
From Charlotte
The eight largest 2-bedroom Fair Market Rent gaps from Charlotte.
- Charlotte and San Francisco · rent gap $1,912
- Charlotte and San Jose · rent gap $1,487
- Charlotte and Boston · rent gap $1,223
- Charlotte and New York · rent gap $1,186
- Charlotte and Los Angeles · rent gap $1,179
- Charlotte and San Diego · rent gap $1,038
- Charlotte and Miami · rent gap $779
- Charlotte and McAllen · rent gap $768
Nearby metros
How the salary and tax math works · The reverse city order redirects to this address.