What is the cost of living in Hollywood, FL?
According to the most recent data on the cost of living, Hollywood has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to Florida, Hollywood has a cost of living index that's 1.2x higher than Florida's index of 104.
The standard of living in Hollywood ranks as #335 most affordable out of the 462 places we measured in Florida. By definition, that implies Hollywood ranks as the #127 most expensive place in the Sunshine State.
For more reading on life in Hollywood, check out:
Hollywood Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Hollywood. Here is how it fares on each of the criteria:
The Services index in Hollywood is 105.
The Groceries index in Hollywood is 105.
The Health index in Hollywood is 150.
The Housing index in Hollywood is 104.
The Transportation index in Hollywood is 115.
The Utilities index in Hollywood is 107.
| Living Expense | Hollywood | Florida | National Average |
|---|---|---|---|
| Overall | 120 | 104 | 100 |
| Services | 105 | 101 | 100 |
| Groceries | 105 | 105 | 100 |
| Health | 150 | 99 | 100 |
| Housing | 104 | 104 | 100 |
| Transportation | 115 | 109 | 100 |
| Utilities | 107 | 105 | 100 |
Hollywood Cost Of Living Compared To Florida Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Florida, check out:
Protect your home budget Compare home warranties in Hollywood Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Hollywood, 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 2020-2024. The key points are:
The Median Home Value in Hollywood is $439,400.
The Median Rent in Hollywood is $1,653.
The Median Income in Hollywood is $67,203.
The Home Value To Income in Hollywood is 6.5x.
The Rent To Monthly Income in Hollywood is 0.3x.
Hollywood, FL Costs By Category
Detailed Hollywood Services costs vs. Florida
Detailed Hollywood Groceries costs vs. Florida
Detailed Hollywood Health costs vs. Florida
Detailed Hollywood Transportation costs vs. Florida
Hollywood SnackAbility
Cost Of Living In Cities Around Hollywood
The cost of living varies in the cities and towns around Hollywood. 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 124, 1.0x Hollywood.
Coral Springs, FL has a cost of living index of 131, 1.1x Hollywood.
Davie, FL has a cost of living index of 128, 1.1x Hollywood.
| City | Population | Cost Of Living | Vs. Hollywood |
|---|---|---|---|
| Pembroke Pines, FL | 173,194 | 124 | 1.0x |
| Coral Springs, FL | 136,103 | 131 | 1.1x |
| Davie, FL | 108,346 | 128 | 1.1x |
| Weston, FL | 68,837 | 153 | 1.3x |
| Coconut Creek, FL | 58,330 | 113 | 0.9x |
| North Lauderdale, FL | 45,234 | 109 | 0.9x |
| Oakland Park, FL | 44,682 | 114 | 0.9x |
| Hallandale Beach, FL | 41,854 | 112 | 0.9x |
| Aventura, FL | 39,885 | 133 | 1.1x |
| Dania Beach, FL | 32,180 | 107 | 0.9x |
