Davie, FL Cost Of Living
Cost Of Living In Davie, FL Summary
Cost of living in Davie 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 Davie 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 Davie is 122, with 100 being the average.
The cost of living index in Davie is 1.2x higher than the national average.
Davie ranks as the #367 cheapest in Florida out of 459.
Davie ranks as the #4,541 cheapest out of 6,489 in the US.
The median home value in Davie is $518,139.
The median income in Davie is $87,171.
Table Of Contents
Davie's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Davie, FL?
According to the most recent data on the cost of living, Davie has an overall cost of living index of 122, which is 1.2x higher than the national index of 100.
Compared to Florida, Davie has a cost of living index that's 1.3x higher than Florida's index of 97.
The standard of living in Davie ranks as #367 most affordable out of the 459 places we measured in Florida. By definition, that implies Davie ranks as the #92 most expensive place in the Sunshine State.
For more reading on life in Davie, check out:
In Florida
In America
Davie Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Davie. Here is how it fairs on each of the criteria:
The Services index in Davie is 106.
The Groceries index in Davie is 106.
The Health index in Davie is 92.
The Housing index in Davie is 173.
The Transportation index in Davie is 101.
The Utilities index in Davie is 102.
| Living Expense | Davie | Florida | National Average | |
|---|---|---|---|---|
| Overall | 122 | 97 | 100 | |
| Services | 106 | 96 | 100 | |
| Groceries | 106 | 99 | 100 | |
| Health | 92 | 98 | 100 | |
| Housing | 173 | 96 | 100 | |
| Transportation | 101 | 97 | 100 | |
| Utilities | 102 | 95 | 100 | |
Davie, 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 Davie is $518,139.
The Median Rent in Davie is $1,967.
The Median Income in Davie is $87,171.
The Home Value To Income in Davie is 5.9x.
The Rent To Monthly Income in Davie is 0.27x.
Median Home Value
Median Rent
Median Income
Davie, FL Costs By Category
Detailed Davie Services Costs Vs. Florida
Detailed Davie Groceries Costs Vs. Florida
Detailed Davie Health Costs Vs. Florida
Detailed Davie Transportation Costs Vs. Florida
Detailed Davie Utilities Costs Vs. Florida
Davie SnackAbility
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Cost Of Living In Cities Around Davie
The cost of living varies in the cities and towns around Davie. Here's a quick look at the cost of living in the most populous nearby places:
Pembroke Pines, FL has a cost of living index of 122, 1.0x Davie.
Coral Springs, FL has a cost of living index of 130, 1.1x Davie.
Sunrise, FL has a cost of living index of 111, 0.9x Davie.
| City | Population | Cost Of Living | Vs. Davie |
|---|---|---|---|
| Pembroke Pines, FL | 170,557 | 122 | 1.0x |
| Coral Springs, FL | 133,962 | 130 | 1.1x |
| Sunrise, FL | 96,633 | 111 | 0.9x |
| Lauderhill, FL | 73,961 | 105 | 0.9x |
| Weston, FL | 67,952 | 152 | 1.2x |
| Coconut Creek, FL | 57,587 | 111 | 0.9x |
| North Lauderdale, FL | 44,650 | 109 | 0.9x |
| Oakland Park, FL | 44,015 | 111 | 0.9x |
| Parkland, FL | 35,799 | 169 | 1.4x |
| Miami Lakes, FL | 30,731 | 136 | 1.1x |
