Deerfield Beach, FL Cost Of Living
Cost Of Living In Deerfield Beach, FL Summary
Cost of living in Deerfield Beach 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 Deerfield Beach 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 Deerfield Beach is 108, with 100 being the average.
The cost of living index in Deerfield Beach is 1.1x higher than the national average.
Deerfield Beach ranks as the #239 cheapest in Florida out of 459.
Deerfield Beach ranks as the #3,467 cheapest out of 6,489 in the US.
The median home value in Deerfield Beach is $272,818.
The median income in Deerfield Beach is $56,976.
Table Of Contents
Deerfield Beach's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Deerfield Beach, FL?
According to the most recent data on the cost of living, Deerfield Beach has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Florida, Deerfield Beach has a cost of living index that's 1.1x higher than Florida's index of 97.
The standard of living in Deerfield Beach ranks as #239 most affordable out of the 459 places we measured in Florida. By definition, that implies Deerfield Beach ranks as the #220 most expensive place in the Sunshine State.
For more reading on life in Deerfield Beach, check out:
In Florida
In America
Deerfield Beach Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Deerfield Beach. Here is how it fairs on each of the criteria:
The Services index in Deerfield Beach is 107.
The Groceries index in Deerfield Beach is 102.
The Health index in Deerfield Beach is 94.
The Housing index in Deerfield Beach is 113.
The Transportation index in Deerfield Beach is 103.
The Utilities index in Deerfield Beach is 102.
| Living Expense | Deerfield Beach | Florida | National Average | |
|---|---|---|---|---|
| Overall | 108 | 97 | 100 | |
| Services | 107 | 96 | 100 | |
| Groceries | 102 | 99 | 100 | |
| Health | 94 | 98 | 100 | |
| Housing | 113 | 96 | 100 | |
| Transportation | 103 | 97 | 100 | |
| Utilities | 102 | 95 | 100 | |
Deerfield Beach, 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 Deerfield Beach is $272,818.
The Median Rent in Deerfield Beach is $1,670.
The Median Income in Deerfield Beach is $56,976.
The Home Value To Income in Deerfield Beach is 4.8x.
The Rent To Monthly Income in Deerfield Beach is 0.35x.
| Statistic | Deerfield Beach | Florida | United States |
|---|---|---|---|
| Median Home Value | $272,818 | $377,066 | $303,400 |
| Median Rent | $1,670 | $1,564 | $1,348 |
| Median Income | $56,976 | $71,711 | $78,538 |
| Home Value To Income | 4.8x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.35x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
Deerfield Beach, FL Costs By Category
Detailed Deerfield Beach Services Costs Vs. Florida
| Item | Deerfield Beach | 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 Deerfield Beach Groceries Costs Vs. Florida
| Item | Deerfield Beach | 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 Deerfield Beach Health Costs Vs. Florida
| Item | Deerfield Beach | Florida |
|---|---|---|
| Optometrist | $113.16 | $125.68 |
| Doctor | $114.67 | $135.78 |
| Dentist | $106.72 | $113.29 |
Detailed Deerfield Beach Transportation Costs Vs. Florida
| Item | Deerfield Beach | Florida |
|---|---|---|
| Gasoline | $3.43 | $3.46 |
| Tire Balancing | $63.46 | $59.92 |
Detailed Deerfield Beach Utilities Costs Vs. Florida
| Item | Deerfield Beach | Florida |
|---|---|---|
| All Electricity | $200.94 | $193.99 |
| Phone | $194.37 | $192.25 |
Deerfield Beach SnackAbility
/10
Cost Of Living In Cities Around Deerfield Beach
The cost of living varies in the cities and towns around Deerfield Beach. 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 Deerfield Beach.
Pompano Beach, FL has a cost of living index of 109, 1.0x Deerfield Beach.
Davie, FL has a cost of living index of 122, 1.1x Deerfield Beach.
| City | Population | Cost Of Living | Vs. Deerfield Beach |
|---|---|---|---|
| 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 |
| Margate, FL | 58,418 | 111 | 1.0x |
| Coconut Creek, FL | 57,587 | 111 | 1.0x |
| North Lauderdale, FL | 44,650 | 109 | 1.0x |
| Oakland Park, FL | 44,015 | 111 | 1.0x |
| Parkland, FL | 35,799 | 169 | 1.6x |
| Wilton Manors, FL | 11,403 | 132 | 1.2x |
