Cost of living in Lauderdale-by-the-Sea 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 Lauderdale-by-the-Sea 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 Lauderdale-by-the-Sea is 135, with 100 being the average.
The cost of living index in Lauderdale-by-the-Sea is 1.4x higher than the national average.
Lauderdale-by-the-Sea ranks as the #423 cheapest in Florida out of 459.
Lauderdale-by-the-Sea ranks as the #5,216 cheapest out of 6,489 in the US.
The median home value in Lauderdale-by-the-Sea is $726,403.
The median income in Lauderdale-by-the-Sea is $81,020.
According to the most recent data on the cost of living, Lauderdale-by-the-Sea has an overall cost of living index of 135, which is 1.4x higher than the national index of 100.
Compared to Florida, Lauderdale-by-the-Sea has a cost of living index that's 1.4x higher than Florida's index of 97.
The standard of living in Lauderdale-by-the-Sea ranks as #423 most affordable out of the 459 places we measured in Florida. By definition, that implies Lauderdale-by-the-Sea ranks as the #36 most expensive place in the Sunshine State.
For more reading on life in Lauderdale-by-the-Sea, check out:
Six factors go into calculating the cost of living index in Lauderdale-by-the-Sea. Here is how it fairs on each of the criteria:
The Services index in Lauderdale-by-the-Sea is 105.
The Groceries index in Lauderdale-by-the-Sea is 103.
The Health index in Lauderdale-by-the-Sea is 94.
The Housing index in Lauderdale-by-the-Sea is 217.
The Transportation index in Lauderdale-by-the-Sea is 103.
The Utilities index in Lauderdale-by-the-Sea is 104.
| Living Expense | Lauderdale-by-the-Sea | Florida | National Average | |
|---|---|---|---|---|
| Overall | 135 | 97 | 100 | |
| Services | 105 | 96 | 100 | |
| Groceries | 103 | 99 | 100 | |
| Health | 94 | 98 | 100 | |
| Housing | 217 | 96 | 100 | |
| Transportation | 103 | 97 | 100 | |
| Utilities | 104 | 95 | 100 | |
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 Lauderdale-by-the-Sea is $726,403.
The Median Rent in Lauderdale-by-the-Sea is $1,816.
The Median Income in Lauderdale-by-the-Sea is $81,020.
The Home Value To Income in Lauderdale-by-the-Sea is 9.0x.
The Rent To Monthly Income in Lauderdale-by-the-Sea is 0.27x.
| Statistic | Lauderdale-by-the-Sea | Florida | United States |
|---|---|---|---|
| Median Home Value | $726,403 | $377,066 | $303,400 |
| Median Rent | $1,816 | $1,564 | $1,348 |
| Median Income | $81,020 | $71,711 | $78,538 |
| Home Value To Income | 9.0x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.27x | 0.26x | 0.21x |
| Item | Lauderdale-by-the-Sea | 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 |
| Item | Lauderdale-by-the-Sea | 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 |
| Item | Lauderdale-by-the-Sea | Florida |
|---|---|---|
| Optometrist | $113.16 | $125.68 |
| Doctor | $114.67 | $135.78 |
| Dentist | $106.72 | $113.29 |
| Item | Lauderdale-by-the-Sea | Florida |
|---|---|---|
| Gasoline | $3.43 | $3.46 |
| Tire Balancing | $63.46 | $59.92 |
| Item | Lauderdale-by-the-Sea | Florida |
|---|---|---|
| All Electricity | $200.94 | $193.99 |
| Phone | $194.37 | $192.25 |
The cost of living varies in the cities and towns around Lauderdale-by-the-Sea. Here's a quick look at the cost of living in the most populous nearby places:
Fort Lauderdale, FL has a cost of living index of 126, 0.9x Lauderdale-by-the-Sea.
Pembroke Pines, FL has a cost of living index of 122, 0.9x Lauderdale-by-the-Sea.
Coral Springs, FL has a cost of living index of 130, 1.0x Lauderdale-by-the-Sea.
| City | Population | Cost Of Living | Vs. Lauderdale-by-the-Sea |
|---|---|---|---|
| Fort Lauderdale, FL | 183,032 | 126 | 0.9x |
| Pembroke Pines, FL | 170,557 | 122 | 0.9x |
| Coral Springs, FL | 133,962 | 130 | 1.0x |
| Pompano Beach, FL | 112,212 | 109 | 0.8x |
| Davie, FL | 106,412 | 122 | 0.9x |
| Boca Raton, FL | 98,833 | 144 | 1.1x |
| Coconut Creek, FL | 57,587 | 111 | 0.8x |
| North Lauderdale, FL | 44,650 | 109 | 0.8x |
| Oakland Park, FL | 44,015 | 111 | 0.8x |
| Parkland, FL | 35,799 | 169 | 1.3x |