How Much Do Palm Trees Cost? (2024 Price Guide)

Beautifying your landscape with palm trees is a great way to create a calming tropical atmosphere and abundant shade. Before you add a palm tree or a few to your yard, you should consider how many trees you want to get and how much you are willing to spend.

Indoor palms are also an option and are typically less expensive than outdoor palms.

Palm trees can end up costing a lot of money, especially if you are planning to buy more than one. Set a budget and research the various palm trees’ prices before purchasing any.

Palm trees can cost between $20 and $2,000 depending on the species, size, age, and popularity.

What Factors Influence the Cost of Palm Trees?

The price of a palm tree can be influenced by the species of palm you want and its size.

How Much Do Palm Trees Cost?

The price of palm trees varies and is determined by many factors. Buying a smaller palm will be significantly cheaper than buying a larger, more established palm. We looked at different online stores to gather a concrete estimate of the prices of several popular species and sizes of palm trees to give you an idea of what you would expect to pay.

Bottle Palms

Bottle palms need at least 6–8 hours of sunlight and well-draining soil. Only four to six fronds of arched, feather-shaped leaves grow on the Bottle Palm, which means it will not compete for space, making it an excellent choice for smaller garden beds. The Bottle Palm grows just as well in a pot as it does in the ground and does not require constant repotting because it grows slowly and has a shallow, small root ball.

You can expect to pay about $99.95 for a 3-gallon Bottle Palm.

Windmill Palm

The Windmill Palm is popular because it is not restricted to only tropical locations and is one of the most cold-hardy palms available. It is also a low-maintenance and pest-resistant tree too! It has symmetrical, fan-like fronds that look dreamy in any garden and can grow 6–10 feet wide.

You can expect to pay about $99.99 for a 3-gallon Windmill Palm.

Coconut Palm

Coconut Palms are for coconut lovers. They can also grow in containers, and you can bring them indoors in the colder months. You can enjoy tropical coconut flesh or creamy milk when the palm has 2–3 feet of gray bark. These tough palms are low maintenance, tolerant to high heat, and resistant to wind.

You can expect to pay about $79.99 for a 1–2 ft Coconut Palm and $89.99 for a 2–3 ft palm.

Queen Palm

The Queen Palm is another popular favorite of the palm species. It can be used as a single feature in your garden or to line driveways and garden edges. They can quickly grow up to 50 feet tall and bear tasty tropical fruit. Overall, they are low-maintenance and are also pest-resistant.

You can expect to pay about $89.99 for a 2–3 ft Queen Palm and $99.95 for a 3–4 ft palm.

Mexican Fan Palm

Once established, the Mexican Palm grows up to 3 feet a year. It thrives in hotter climates but requires very little attention. It is a tall, elegant palm that will add a tropical feel to your landscape and catch the attention of all your neighbors.

You can expect to pay about $89.99 for a 3-gallon Mexican Fan Palm.

Needle Palm

Needle Palms are great for small gardens as they have the typical tropical appearance but stay relatively small at 10 feet. It can also be an indoor feature that detoxifies the air. It enjoys both sun and shade and is tolerant to cold weather. It prefers moist, well-draining soil and is naturally pest resistant.

You can expect to pay about $99.99 for a 3-gallon Needle Palm.

Lady Palm

This evergreen Lady Palm is an excellent choice for indoor living areas as it copes well with minimal sunlight. They are also heat-resistant and natural air filters.

You can expect to pay about $169.99 for a 3-gallon Lady Palm and $179.95 for a 1-ft palm.

Ponytail Palm

Ponytail Palms are a popular choice for indoor palms. They grow to about 6-8 feet indoors and produce beautiful small white blooms in summer. They are tough little palms that can survive with infrequent watering.

You can expect to pay about $49.99 for a 1-gallon Ponytail Palm and $69.99 for a 3-gallon palm.

Areca Palm

Areca Palms thrive in pots and low light conditions, making them perfect indoor plants. They can also flourish outdoors in USDA zones 9–11. They are low maintenance and act as natural air filters.

You can expect to pay about $19.99 for an Areca Palm in a 6-inch pot, $39.99 for a 1-gallon, $59.99 for a 3-gallon, and $69.99 for a 1–2 ft Areca palm.

Palm Trees that have reached over 4 feet can cost around $145–$325. If you are looking for a fully-grown palm tree, it can cost between $600–$2,000.

Additional Costs to Anticipate

Again, additional costs can depend on a variety of factors.

If you are ordering your palm trees online, some delivery costs may be included; this is also true for larger palms that need to be delivered by the nursery. You will also need to factor in your location, which will influence delivery costs. Some online companies will have free shipping for a minimum amount of money spent or will otherwise have a standing shipping charge.

Some palms, large or small, can be grown in a pot; the type of pot you want will also determine the price.

You may need to factor in the cost of trimming your palm trees, which may require an expert. It can cost, on average, $75 – $1200, depending on size, to have just one palm tree trimmed. Regularly trimmed trees require less work and cost less; a palm that requires a lot of work takes longer and costs more.

You will also need to consider the costs of watering your palm trees and fertilizing them if necessary.

How Long Do Palm Trees Take to Grow?

The rate at which your palm tree grows and its lifespan is determined by its species and how optimal the growing conditions are.

The general growth for a palm tree is 2–3 feet per year. On the other hand, some species are born shorter than others, plateauing at 5 feet in height until they reach a new stage of development.

Conclusion

There are several palm trees to choose from, and their price is dependent on the species and size. You will also need to factor in the cost of delivery and the help of professional services to maintain your palm trees.

Before deciding which palm is best for you, you will need to determine which species are suitable for your garden plan and growing conditions, how many you want, and how big you want them to be. That will help you narrow down your choice to suit your garden design and budget.

See Also: How To Tell If A Palm Tree Is Dead (5 Signs To Look For)

Featured Image Credit: Alohapatty, Shutterstock