Palm Beach Gardens is a 20-minute jaunt north on Interstate 95 from Palm Beach, Florida. Will living in Palm Beach Gardens cost as much as Palm Beach?
At some point in most of our lives, we dream of a temperate seaside locale in which to call home. Many non-residents correlate the names Palm Beach and Palm Beach Gardens. When it comes to the cost of living, though, the correlation ends. The illustrious Palm Beach, Florida, though close in geography and name, is light years more expensive than life in Palm Beach Gardens. You won’t pay the median Palm Beach Florida home price of nearly $1.2M in Palm Beach Gardens. If you are considering relocating to the Palm Beaches area, and are wondering if it will break the bank, this blog is for you. Keep reading!
Is Palm Beach Gardens Florida expensive?
According to BestPlaces.net, you might find that Palm Beach Gardens is not above your budget. The overall cost of living is about 125% of the average U.S. locale. To maintain the lifestyle you are accustomed to in an average city anywhere in the United States, you would need to make about 25% more per year in Palm Beach Gardens Florida. Housing is the costliest upgrade in the area, with a median home price of $380K. That’s 64% higher than the median U.S. home price. You can expect to pay more for groceries and transportation, as well, but you will save on utilities and healthcare in Palm Beach Gardens. Both of those costs are below the U.S. average.
Great neighborhoods in Palm Beach Gardens FL
So, you’re sold on the idea of living in Palm Beach Gardens. What kind of community do you see yourself moving to? Here are a few great neighborhoods in Palm Beach Gardens FL. If you don’t see your ideal neighborhood listed here, call The Stanbra Home Team for homes for sale in Palm Beach Gardens in other neighborhoods!
Evergrene, Palm Beach Gardens FL
Evergrene is a great place for growing families, as this neighborhood is located close to great schools. In addition to that, Evergrene is an Audubon International Signature Sanctuary, a sustainable development. According to the community website, Evergrene has, “Over 50% of our land area is devoted to upland preserves, landscaped buffers, common area green space and water bodies, including 3.2 miles of shoreline.” Evergrene earned its Sanctuary designation in 2003, and achieves re-certification each year. You’ll find homes in this neighborhood to be right around the average Palm Beach Gardens home price of $380K.
This neighborhood is perfect for buyers, who are looking for private land and no HOA fees. This privacy and lack of yearly maintenance dues will cost you a bit more, however. Land costs alone in Palm Beach Country Estates is priced $250K and up. Homes listed in this area are priced higher than the average $380K in Palm Beach Gardens, ranging from the high $400’s to over $1M. If private land is on your home buying wish list, Palm Beach Country Estates could be the perfect community for you to invest your hard-earned dollars.
Palm Beach Country Estates FL
Frenchman’s Creek Beach & Country Club, Palm Beach Gardens FL
If luxury and exclusivity is what you seek in Palm Beach Gardens, Frenchman’s Creek Beach & Country Club is the community for you. This exclusive gated community offers single family and luxury condominium living starting around $1M. A slight fixer-upper in this Palm Beach Gardens FL neighborhood will cost you $600K or more. If you dream of life on Easy Street, consider Frenchman’s Creek. This community offers all luxury amenities you might expect, including fitness and spa accommodations, athletic facilities, golf, a private beach club and marina.
See this new construction listing in Palm Beach Gardens!
Looking for homes for sale in Palm Beach Gardens Florida? Contact The Stanbra Home Team, your Palm Beaches Florida relocation experts. Call us at (561) 468-3532 or click here to schedule and appointment.