The term “palm tree” refers to lianas, shrubs, and trees that are perennial. They are the only members of the Arecaceae family, which is the order’s only family. They thrive in hot environments. While there are almost 2,600 different species of Palm Trees, the most common variants include the Date and Coconut Palm.
There are numerous reasons why purchasing a palm tree is an excellent investment for any home. Palm trees not only improve the appearance of your property by giving it a tropical feel, but they also reduce humidity in the air and add value to it.
So the big question here is that how much the palm trees cost. Well, the palm trees can cost anywhere from $15 to $700 depending on the type and size when purchased.
If you are looking to buy a palm tree, here is a complete guide to understand what are the types of palm and how much they cost. So read on:
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Types of Palm Trees
The palm trees listed here are some of the most popular and well-liked landscaping options. Let’s have a look at how much they cost to assist you in selecting the best palm tree decision.
Areca Palm
This palm is possibly the most well-known indoor palm. It is thicker than the bamboo palm, yet they both look like bamboo plants. Areca palms also look great on the driveway or on the lawn. The cost of this low-maintenance indoor plant is $60. Trimming on a regular basis will incur an additional fee.
Bamboo Palm
This palm is ideal if you want a low-key, appealing, compact, and low-growing (maximum height of 12 feet) outdoor palm. It is low-maintenance and adaptable to any kind of home. It costs between $15 and $50 when purchased.
Bottle Palms
The trunk of this lovely palm tree is formed like a bottle. It can be used as a landscape plant, as it can grow to be at least 30 feet tall, or it can be grown in a container as an interior palm. It requires little upkeep, and a three-gallon bottle palm may cost between from $15 to $45. A 10ft bottle palm can cost anywhere from $200 to $1,000 or more.
Triangle Palms
The price of a Triangle Palm will most likely vary depending on whose nursery you buy it from. These palms are popular and easy-to-care-for palms to plant in your yard because they reach a height of 20 feet. The average Triangle Palm will set you back $250.
Canary Island Date Palms
This is a fantastic choice if you want a stunning landscape palm that also bears fruit. It can reach a height of 70 feet and has delicious dates to nibble on. They’re the Middle Eastern palace palms, as the name suggests. A 12-inch Canary palm will set you back $15, while a 36-inch Canary palm will set you back $100.
Royal Palms
These are the ones that may be found on the beautiful islands of California, Hawaii, and southern Florida. It can reach a height of 25 to 100 feet. The price of this palm is determined on its height. The cost per foot trunk is $100. As a result, some royal palms can cost as much as $10,000. You can also buy seeds and start your own garden from scratch, then earn from it.
Cocos Plumosas
Cocos Plumosas palms are often known as Queen Palms. These palms will reach a height of 36 feet on average. The cost of a Cocos Plumosas palm varies according on the nursery you contact. However, the average cost of these palms is $180 per trunk.
Miniature Royal Palms
The Christmas palm is another name for this palm. It bears an eerie similarity to royal palms, and it is known as the Christmas palm because it survives in cooler temperatures and bears fruit in the winter. Miniature royal palms can be found in local nurseries and cost between $15 and $30.
Pygmy Date Palm
This is a slow-growing, compact indoor palm. It is grown as an indoor container plant and as a specimen plant in landscapes. They only grow 2 feet per year, reaching a maximum height of 9 feet. The price of a pygmy date palm ranges from $90 to $400.
Mexican Fan Palms
A Mexican Fan Palm is a must-have for anyone wishing to recreate the Hollywood Boulevard look at home. These palms can reach heights of over 100 feet. They’ll set you back $40 at 24 inches, and then go up from there.
How much does a full-grown palm tree cost?
Palm tree prices vary depending on the species and height, as previously stated. A full-grown palm tree, on the other hand, might cost anywhere from $4000 to $15,000. This is the price of the tree alone. The shipping fee and landscaping costs have yet to be added, which could add a few hundred dollars to the total.
How much does it cost to maintain a palm tree outside?
Surprisingly, the expense of care for an outside palm tree is proportional to its height and species. Pruning might cost anything from $45 to $120 on average. Pruning palms that are 10-15 feet tall, for example, costs $60-80. Palm trees that are 50 feet or taller have a maintenance cost of $300-600 per year.
What is the price of a 30-foot palm tree?
A palm tree that is less than 30 feet tall might cost anywhere between $75 and $400. However, this range can vary depending on the palm’s height, species, and where it was purchased.
What is the price of a small palm houseplant?
A modest houseplant palm might cost anywhere from $15 to $45 in a 3-gallon container. Palms that are 4-6 feet tall are still called modest houseplant palms and can cost between $150 and $400.
Other species, on the other hand, can complete their life cycle without ever leaving your kitchen or desk. Among these are the following species:
Cat Palms
This is one of the hardiest parlour palm species. They are a beautiful indoor palm with a sluggish growth rate. Because they are cold hardy, they can also be used in landscaping. Cat palms range in price from $70-250 depending on size.
Fishtail Palm
It’s easy to see how this palm received its name just looking at the form of its leaves. The average cost of a Fishtail Palm tree in a 10-inch pot is $80.
Kentia Palm
A Kentia Palm in a 12-inch pot, another 6-footer, will cost you between $100 and $400, depending on the nursery you visit.
Lady Palms
Lady Palms tend to stop growing once they’ve reached 4 feet in height. These slower growers will cost you roughly $60.
Majesty Palms
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.
When it comes to palm trees, how long does it take them to grow?
The longevity and rate of growth of your palm tree will be determined by the species you bring home. Palms can survive for 40 years or up to 100 years in the open air.
The longevity and growth rate of your palm are, to some extent, determined by the palm species you choose.
If you subject your palm to undue stress or an unsuitable environment, though, you risk stunting its growth and shortening its longevity.
Final Thoughts
Depending on the palm species you choose, some may be inexpensive while others may be costly. Palm tree prices are determined by several factors, including the size of the palm tree, the palm species, and the local nursery or marketplace where you purchase them.
A palm tree can cost anywhere from $15 to thousands of dollars. Aside from the tree’s purchase price, you need factor in the expense of palm maintenance. This, however, should not be an issue because there are numerous palm tree varieties to pick from.
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