Parkland, FL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-08
154
Parkland's Overall Cost Of Living
1.5x
Higher Than The National Average
448 out of 459
In Florida
5,915 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Parkland is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Parkland, FL?

According to the most recent data on the cost of living, Parkland has an overall cost of living index of 154 which is 1.5x higher than the national index of 100.

Compared to only Florida, Parkland has a cost of living index that's 1.6x higher than Florida's index of 98.

The standard of living in Parkland ranks as #5,918 most affordable out of the 6,418 places we measured in Florida. By definition, that implies Parkland ranks as the #501 most expensive place in the Sunshine State.

For more reading on life in Parkland, check out:

Parkland Cost Of Living Vs. Florida

Living Expense Parkland Florida National Average
Overall 154 98 100
Services 98 99 100
Groceries 118 107 100
Health 102 98 100
Housing 272 96 100
Transportation 111 102 100
Utilities 100 106 100
For more reading on cost of living around Florida, check out:
Parkland Cost of Living Vs. FL

Parkland, 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.

$631,000
Median Home Value
$2,670
Median Rent
$159,692
Median Income
Statistic Parkland Florida United States
Median Home Value $631,000 $232,000 $229,800
Median Rent $2,670 $1,218 $1,096
Median Income $159,692 $57,703 $64,994
Home Value To Income 4.0x 4.0x 3.5x
Rent To Monthly Income 0.2x 0.25x 0.2x

Detailed Parkland Services Costs Vs. Florida

Item Parkland Florida
Shampoo $1.07 $1.06
Movie $11.82 $10.68
Bowling $20.88 $14.67

Detailed Parkland Groceries Costs Vs. Florida

Item Parkland Florida
Ground Beef $4.66 $4.22
Fried Chicken $1.62 $1.39
Milk $2.96 $2.05

Detailed Parkland Health Costs Vs. Florida

Item Parkland Florida
Haircut $14.47 $18.62
Beauty Salon $65.03 $39.05
Toothpaste $2.04 $2.34

Detailed Parkland Transportation Costs Vs. Florida

Item Parkland Florida
Potatoes $4.99 $3.29
Pizza $8.99 $10.62
Beer $10.84 $9.38
Optometrist $135.56 $108.57
Doctor $102.25 $116.17
Dentist $106.04 $99.13

Detailed Parkland Utilities Costs Vs. Florida

Item Parkland Florida
Gasoline $2.24 $2.22
Tire Balancing $63.76 $50.07
All Electricity $162.2 $167.67
Phone $188.17 $175.64

Parkland SnackAbility

7.5
/10
Overall SnackAbility
Jobs
8.5/10
Housing
10
Affordability
6
Diversity
9
Safety
9
Amenities
9
Education
10
Commute
5

Cost Of Living In Cities Around Parkland

City Population Cost Of Living Vs. Parkland
Coral Springs, FL 133,370 121 0.8x
Pompano Beach, FL 111,202 100 0.6x
Davie, FL 105,594 111 0.7x
Boca Raton, FL 98,776 128 0.8x
Deerfield Beach, FL 80,822 97 0.6x
Weston, FL 70,965 137 0.9x
Tamarac, FL 66,432 100 0.6x
Coconut Creek, FL 60,935 103 0.7x
Margate, FL 58,465 98 0.6x
Oakland Park, FL 44,950 104 0.7x

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