Coconut Creek, FL Cost Of Living
Cost Of Living In Coconut Creek, FL Summary
Cost of living in Coconut Creek research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Coconut Creek is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Florida, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Coconut Creek is 111, with 100 being the average.
The cost of living index in Coconut Creek is 1.1x higher than the national average.
Coconut Creek ranks as the #285 cheapest in Florida out of 459.
Coconut Creek ranks as the #3,765 cheapest out of 6,489 in the US.
The median home value in Coconut Creek is $289,529.
The median income in Coconut Creek is $75,516.
Table Of Contents
Coconut Creek's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Coconut Creek, FL?
According to the most recent data on the cost of living, Coconut Creek has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to Florida, Coconut Creek has a cost of living index that's 1.1x higher than Florida's index of 97.
The standard of living in Coconut Creek ranks as #285 most affordable out of the 459 places we measured in Florida. By definition, that implies Coconut Creek ranks as the #174 most expensive place in the Sunshine State.
For more reading on life in Coconut Creek, check out:
In Florida
In America
Coconut Creek Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Coconut Creek. Here is how it fairs on each of the criteria:
The Services index in Coconut Creek is 106.
The Groceries index in Coconut Creek is 105.
The Health index in Coconut Creek is 92.
The Housing index in Coconut Creek is 126.
The Transportation index in Coconut Creek is 101.
The Utilities index in Coconut Creek is 102.
| Living Expense | Coconut Creek | Florida | National Average | |
|---|---|---|---|---|
| Overall | 111 | 97 | 100 | |
| Services | 106 | 96 | 100 | |
| Groceries | 105 | 99 | 100 | |
| Health | 92 | 98 | 100 | |
| Housing | 126 | 96 | 100 | |
| Transportation | 101 | 97 | 100 | |
| Utilities | 102 | 95 | 100 | |
Coconut Creek, FL Housing Cost Breakdown
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Coconut Creek is $289,529.
The Median Rent in Coconut Creek is $2,011.
The Median Income in Coconut Creek is $75,516.
The Home Value To Income in Coconut Creek is 3.8x.
The Rent To Monthly Income in Coconut Creek is 0.32x.
| Statistic | Coconut Creek | Florida | United States |
|---|---|---|---|
| Median Home Value | $289,529 | $377,066 | $303,400 |
| Median Rent | $2,011 | $1,564 | $1,348 |
| Median Income | $75,516 | $71,711 | $78,538 |
| Home Value To Income | 3.8x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.32x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
Coconut Creek, FL Costs By Category
Detailed Coconut Creek Services Costs Vs. Florida
| Item | Coconut Creek | Florida |
|---|---|---|
| Shampoo | $1.49 | $1.28 |
| Movie | $13.42 | $12.13 |
| Bowling | $23.13 | $18 |
| Haircut | $22.18 | $24.26 |
| Beauty Salon | $73.78 | $45.56 |
Detailed Coconut Creek Groceries Costs Vs. Florida
| Item | Coconut Creek | Florida |
|---|---|---|
| Ground Beef | $5.79 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.58 | $4.67 |
| Potatoes | $5.27 | $4.93 |
| Pizza | $14.0 | $12.09 |
| Beer | $11.23 | $10.41 |
| Toothpaste | $3.5 | $3.7 |
Detailed Coconut Creek Health Costs Vs. Florida
| Item | Coconut Creek | Florida |
|---|---|---|
| Optometrist | $113.16 | $125.68 |
| Doctor | $114.67 | $135.78 |
| Dentist | $106.72 | $113.29 |
Detailed Coconut Creek Transportation Costs Vs. Florida
| Item | Coconut Creek | Florida |
|---|---|---|
| Gasoline | $3.43 | $3.46 |
| Tire Balancing | $63.46 | $59.92 |
Detailed Coconut Creek Utilities Costs Vs. Florida
| Item | Coconut Creek | Florida |
|---|---|---|
| All Electricity | $200.94 | $193.99 |
| Phone | $194.37 | $192.25 |
Coconut Creek SnackAbility
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Cost Of Living In Cities Around Coconut Creek
The cost of living varies in the cities and towns around Coconut Creek. Here's a quick look at the cost of living in the most populous nearby places:
Coral Springs, FL has a cost of living index of 130, 1.2x Coconut Creek.
Pompano Beach, FL has a cost of living index of 109, 1.0x Coconut Creek.
Davie, FL has a cost of living index of 122, 1.1x Coconut Creek.
| City | Population | Cost Of Living | Vs. Coconut Creek |
|---|---|---|---|
| Coral Springs, FL | 133,962 | 130 | 1.2x |
| Pompano Beach, FL | 112,212 | 109 | 1.0x |
| Davie, FL | 106,412 | 122 | 1.1x |
| Boca Raton, FL | 98,833 | 144 | 1.3x |
| Deerfield Beach, FL | 86,742 | 108 | 1.0x |
| Weston, FL | 67,952 | 152 | 1.4x |
| Margate, FL | 58,418 | 111 | 1.0x |
| North Lauderdale, FL | 44,650 | 109 | 1.0x |
| Oakland Park, FL | 44,015 | 111 | 1.0x |
| Parkland, FL | 35,799 | 169 | 1.5x |
