Having a palm tree on your property adds a unique flair to your landscaping. Even bringing a palm tree indoors lets you enjoy a touch of California glamour, no matter where you are in the world. How much do the different types of palm trees cost, though?
The cost of a palm tree is going to vary based on the species you’re interested in. Indoor palms are typically less expensive than outdoor palms. In general, you can expect to pay anywhere from $15 to $800 for a palm tree depending on the species and its size.
How much should you be prepared to spend, then, if you want to introduce a palm to your lawn?
How Much Do Palm Trees Cost?
Palm trees add tropical allure to any homestead. If you’re in the market for a palm tree, though, you’re going to need to have a budget in place. You’ll also want to have some basics laid out before you start shopping. Ask yourself:
- How many palm trees do you want in your yard?
- Would you rather keep your palms in your yard or inside your home?
- What species of palm trees are you interested in getting?
- How large do you want the palm trees to grow?
Once you’re able to answer these questions, you’ll be able to more accurately create a landscaping budget. For a quick rundown of your options, some of the most popular palm tree species include:
- Jelly Palms
- Coconut Palms
- Hurricane or Princess Palms
- Bamboo Palms
- Spindle Palms
- Bottle Palms
- Triangle Palms
- Wild Date Palms
- Canary Island Date Palms
- Solitaire Palms
- Royal Palms
- Cocos Plumosas
- Miniature Royal Palms (or Christmas Palms)
- Mexican Fan Palms
- Areca Palms
How Much Does A Full-Grown Palm Tree Cost?
Say you’re interested in growing one of the larger species of palm trees. If you purchase your palm when it’s still small – say, small enough to fit into a 3-gallon barrel – then you can expect to pay between $15 and $45 for your purchase. Comparatively, palm trees that are already between four and six feet tall will cost you between $145 and $325.
The largest, full-grown palm trees run up prices of between $500 and $2,000. If you’re looking to bring Hollywood Boulevard’s iconic look to your home, you’re going to have to have a fair chunk of change set aside. Take a look to see how some of the most popular palm tree species break down in terms of expected growth and cost:
Jelly Palms are also known as Pindo Palms. They’re on the shorter side when it comes to outdoor palms. Your Jelly Palm will likely only grow to be 25 feet tall.
If you’re looking for a Jelly Palm, budget with care. You should expect to pay between $140 and $600, depending on the size of the palm upon purchase.
Want Jelly Palms in your yard?
Coconut Palms are some of the most common palm trees for professional landscapers to use. These palms grow up to 60 feet in height.
Over average, coconut palms cost $80 per foot upon purchase.
You can find Coconut Palms like the one pictured here through a variety of different nurseries, including the Florida Nursery Mart.
Hurricane Palms are also known as Princess Palms. They aren’t especially delicate palms, but they are shorter than some of their cousins. Hurricane Palms tend to stop growing once they hit 30 feet in height.
Expect to pay between $60 and $80 for your Hurricane Palm, though note that prices will vary based on the height of the palm at purchase.
Looking for an even smaller outdoor palm? Bamboo Palms stop growing once they hit 12 feet tall.
You can usually purchase Bamboo Palms for between $25 and $50.
Spindle Palms have unique, white trunks that set them apart from other species of palm. These palms tend to stop growing once they reach 20 feet in height, making them an excellent addition to a yard or driveway.
Upon initial purchase, Spindle Palms cost between $100 and $150.
For an even more manageable palm, there’s always the Bottle Palm. These palms top out at 10 feet in height. You can purchase them at their smallest for $60.
Make sure to do your purchasing early, though. Larger bottle palms cost anywhere between $250 and $880.
More often than not, the price of a Triangle Palm will vary based on the nursery you’re purchasing one from. Because these palms top out at 20 feet in height, they’re considered popular and easy-to-care-for palms to plant in your yard.
Your average Triangle Palm will cost $250.
Canary Island Date Palms
If you’re interested in a palm tree that bears fruit, you’re in luck. Canary Island Date Palms can grow up to 70 feet tall and if cared for properly, will produce their titular dates.
You’ll need to budget in advance, though, if you want to bring a Canary Island Date Palm home. At 12 inches, a Canary Island Palm costs $15; at 24 inches, it costs $40; at 36 inches, it costs $100. The price, as you might expect, continually increases with the palm’s height.
Solitaire Palms typically cap at 30 feet in height. Costs will vary based on the band on the palm, but they run between $45 and $95.
Royal Palms are among the taller palm species, with average heights between 50 and 70 feet. Starters cost between $200 and $250, depending on their height at purchase.
Cocos Plumosas palms are also known as Queen Palms. On average, these palms will grow to 36 feet in height.
The price of a Cocos Plumosas palm will vary based on the nursery you reach out to. The average cost, however, puts these palms at $180 per trunk.
Miniature Royal Palms
Miniature Royal Palms, also known as Christmas Palms, look just like regular royal palms. The good news, though, is that you won’t have to worry about the extreme height while caring for them.
As these palms are significantly smaller than their cousins, you’ll be able to find them for between $15 and $30, depending on the nursery and time of year.
Mexican Fan Palms
Anyone looking to directly replicate the Hollywood Boulevard aesthetic will want to bring a Mexican Fan Palm home.
These palms can grow over 100 feet tall. At 24 inches, they’ll run you $40, with the price increasing from there.
More often than not, you can start an outdoor palm indoors and transplant it as it gets larger. Areca Palms make excellent indoor palms while they’re small and can easily be moved from an entranceway to your front lawn.
Areca Palms typically grow to be 20 feet tall and cost $30 if bought in their five-gallon state.
How Much Does It Cost To Care For An Outdoor Palm Tree?
You’ll have to worry about more than just the initial costs of purchasing a palm tree, though. Once your tree is settled in the ground, you’ll need to pay for its care and keeping.
Palm tree maintenance involves trimming and fertilizing your palm on a biannual basis. You can do much of the trimming work on your own while your palm tree is small. As it gets taller, though, you’ll either need to invest in climbing gear or reach out to a professional. Trimming taller palms runs an average cost of $60, with additional costs added if you have more than one tree that needs a trim.
Fertilizer, comparatively, is fairly cheap.
How Much Does A Small Houseplant Palm Cost?
If you’re not interested in an outdoor palm, why not budget for a houseplant palm? Some of the slower-growing species of outdoor palm, like the Areca and Bamboo Palms, can spend several years indoors before needing to be moved outdoors. There are other species, though, that can go through their entire life cycle without leaving your kitchen or desk. These species include:
Topping out at 6 feet in height, Cat Palms cost an average of $20.
Chinese Fan Palms
Wider than they are tall, Chinese Fan Palms do best when kept in 3-gallon pots. These palms cost an average of $66.
You only need to look at the shape of this palm’s leaves to understand how it got its name. A Fishtail Palm tree in a 10-inch pot will run you an average of $80.
Another 6-footer, a Kentia Palm in a 12-inch pot will run you between $100 and $400, depending on the nursery you go to.
Lady Palms tend to stop growing once they’ve reached 4 feet in height. These slower growers will cost you roughly $60.
Majesty Palms can grow up to 8 feet in height, but they’re fairly slow growers. You’ll easily be able to transplant your majesty palm once it starts to get too tall for your home.
One of these palms will cost you an average of $60.
Neanthe Bella Palms
Growing to a mere 30 inches, a Neanthe Bella Palm will run you between $15 and $25.
Pygmy Date Palms
Indoor Pygmy Date Palms can be kept in 10-inch pots, as they top out at 5 feet in height. These palms will run you an average cost of $50 per tree.
How Much Does It Cost To Remove Palm Trees?
You know now how much it’ll cost to introduce a palm tree to your yard and home. What do you do, though, if you want to get rid of a palm tree that’s cluttering up your view?
There are a number of factors that contribute to the cost of palm tree removal. These include:
- Tree height
- The palm’s condition
- The proximity of other trees
- The diameter of the tree
Small trees, for example, cost an average of $400 to remove so long as there aren’t any obstacles in the way. Trees that start reaching heights of 40-60 feet can cost up to $900 for removal – again, without taking potential obstacles into consideration. If you’re trying to get rid of a tree that’s verging on 100 feet in height, it’s time to break out the check book. You may find yourself paying as much as $2,000 to remove a Mexican Fan Palm from your property.
How Long Does It Take For A Palm Tree To Grow?
The lifespan and rate at which your palm tree grows will both depend on the species of palm tree you bring home. Outdoor palms can live as little as 40 year or as long as 100 years. The lifespan and growth rate of your palm is, to a point, integral to the species of palm you plant. However, if you expose your palm to undue stress or an inappropriate environment, you could stunt its growth and shorten its lifespan.
Regardless of the species of tree you bring home, though, all palm trees go through the following processes while growing:
- Vertical growth
- Caliper growth
The majority of palm trees will grow at a rate of 2 to 3-feet per year so long as they’re appropriately cared for. Some species, however, will naturally be shorter than others, plateauing at five feet in height until they reach a new stage of growth.
If your palm tree doesn’t appear to be growing, don’t panic. Take stock of potential stressors and do what you can to mitigate your palm’s stress. If your palm still isn’t growing, take a look at your specific species’ expected growth rate. You may have accidentally picked up a smaller species of palm.
Should all else fail, reach out to your local nursery for input. Experienced arborists will be able to tell you more about your specific environment and its impact on your palm tree’s growth.
Do you have the budget for your own Hollywood Boulevard? Even if you don’t, it’s easier than you might think to bring the beauty of a palm tree into your home. Shop wisely, and you’ll be able to find the palm that suits your aesthetic taste – and your budget.