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 111, with 100 being the average.
The cost of living index in Davie is 1.1x higher than the national average.
Davie ranks as the #359 cheapest in Florida out of 459.
Davie ranks as the #4,219 cheapest out of 6,412 in the US.
The median home value in Davie is $344,800.
The median income in Davie is $77,453.
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 111, which is 1.1x higher than the national index of 100.
Compared to Florida, Davie has a cost of living index that's 1.1x higher than Florida's index of 101.
The standard of living in Davie ranks as #359 most affordable out of the 459 places we measured in Florida. By definition, that implies Davie ranks as the #100 most expensive place in the Sunshine State.
For more reading on life in Davie, check out:
- Living In Davie
- Davie Crime Report
- Search Homes For Sale In Davie, FL
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 98.
The Groceries index in Davie is 118.
The Health index in Davie is 105.
The Housing index in Davie is 126.
The Transportation index in Davie is 111.
The Utilities index in Davie is 100.
| Living Expense | Davie | Florida | National Average | |
|---|---|---|---|---|
| Overall | 111 | 101 | 100 | |
| Services | 98 | 98 | 100 | |
| Groceries | 118 | 101 | 100 | |
| Health | 105 | 96 | 100 | |
| Housing | 126 | 108 | 100 | |
| Transportation | 111 | 98 | 100 | |
| Utilities | 100 | 100 | 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 2017-2021. The key points are:
The Median Home Value in Davie is $344,800.
The Median Rent in Davie is $1,652.
The Median Income in Davie is $77,453.
The Home Value To Income in Davie is 4.5x.
The Rent To Monthly Income in Davie is 0.26x.
| Statistic | Davie | Florida | United States |
|---|---|---|---|
| Median Home Value | $344,800 | $248,700 | $244,900 |
| Median Rent | $1,652 | $1,301 | $1,163 |
| Median Income | $77,453 | $61,777 | $69,021 |
| Home Value To Income | 4.5x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.26x | 0.25x | 0.2x |
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 113, 1.0x Davie.
Coral Springs, FL has a cost of living index of 121, 1.1x Davie.
Sunrise, FL has a cost of living index of 102, 0.9x Davie.
| City | Population | Cost Of Living | Vs. Davie |
|---|---|---|---|
| Pembroke Pines, FL | 170,346 | 113 | 1.0x |
| Coral Springs, FL | 133,693 | 121 | 1.1x |
| Sunrise, FL | 96,220 | 102 | 0.9x |
| Lauderhill, FL | 73,935 | 96 | 0.9x |
| Weston, FL | 68,148 | 137 | 1.2x |
| Coconut Creek, FL | 57,553 | 103 | 0.9x |
| North Lauderdale, FL | 44,579 | 96 | 0.9x |
| Oakland Park, FL | 44,092 | 104 | 0.9x |
| Parkland, FL | 33,772 | 154 | 1.4x |
| Miami Lakes, FL | 30,582 | 125 | 1.1x |
