Fort Lauderdale, FL Cost Of Living

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Updated: 2020-03-08
Fort Lauderdale's Overall Cost Of Living
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Fort Lauderdale is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Fort Lauderdale, FL?

According to the most recent data on the cost of living, Fort Lauderdale has an overall cost of living index of 113 which is 1.1x higher than the national index of 100.

Compared to only Florida, Fort Lauderdale has a cost of living index that's 1.1x higher than Florida's index of 99.

The standard of living in Fort Lauderdale ranks as #4360 most affordable out of the 6522 places we measured in Florida. By definition, that implies Fort Lauderdale ranks as the #2046 most expensive place in the Sunshine State.

Fort Lauderdale Cost Of Living Vs. Florida

Living Expense Fort Lauderdale Florida National Average
Overall 113 99 100
Services 99 99 100
Groceries 106 105 100
Health 100 100 100
Housing 139 96 100
Transportation 108 98 100
Utilities 98 102 100
For more reading on cost of living around Florida, check out:
Fort Lauderdale Cost of Living Vs. FL

Fort Lauderdale, FL Housing Cost Breakdown

Housing swings affordability the most between places in Florida, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Fort Lauderdale Florida United States
Median Home Value $318,200 $196,800 $204,900
Median Rent $1,224 $1,128 $1,023
Median Income $55,269 $53,267 $60,293
Home Value To Income 5.8x 3.7x 3.4x
Rent To Monthly Income 0.27x 0.25x 0.2x

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Cost Of Living In Cities Around Fort Lauderdale

City Population Cost Of Living Vs. Fort Lauderdale
Pembroke Pines, FL 168,260 111 1.0x
Coral Springs, FL 131,151 117 1.0x
Davie, FL 103,132 109 1.0x
Boca Raton, FL 95,745 129 1.1x
Weston, FL 70,220 137 1.2x
Coconut Creek, FL 59,997 101 0.9x
Oakland Park, FL 44,339 100 0.9x
Lauderdale Lakes, FL 35,254 91 0.8x
Miami Lakes, FL 31,050 123 1.1x
Parkland, FL 30,471 152 1.3x

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