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 172, which is 1.7x higher than the national index of 100.
Compared to Florida, Parkland has a cost of living index that's 1.7x higher than Florida's index of 104.
The standard of living in Parkland ranks as #452 most affordable out of the 462 places we measured in Florida. By definition, that implies Parkland ranks as the #10 most expensive place in the Sunshine State.
For more reading on life in Parkland, check out:
Parkland Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Parkland. Here is how it fares on each of the criteria:
The Services index in Parkland is 103.
The Groceries index in Parkland is 102.
The Health index in Parkland is 326.
The Housing index in Parkland is 106.
The Transportation index in Parkland is 114.
The Utilities index in Parkland is 105.
| Living Expense | Parkland | Florida | National Average |
|---|---|---|---|
| Overall | 172 | 104 | 100 |
| Services | 103 | 101 | 100 |
| Groceries | 102 | 105 | 100 |
| Health | 326 | 99 | 100 |
| Housing | 106 | 104 | 100 |
| Transportation | 114 | 109 | 100 |
| Utilities | 105 | 105 | 100 |
Parkland 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 Parkland Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Parkland, 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 Parkland is $1,058,617.
The Median Rent in Parkland is $3,157.
The Median Income in Parkland is $198,669.
The Home Value To Income in Parkland is 5.3x.
The Rent To Monthly Income in Parkland is 0.19x.
Parkland, FL Costs By Category
Detailed Parkland Services costs vs. Florida
Detailed Parkland Groceries costs vs. Florida
Detailed Parkland Health costs vs. Florida
Detailed Parkland Transportation costs vs. Florida
Parkland SnackAbility
Cost Of Living In Cities Around Parkland
The cost of living varies in the cities and towns around Parkland. 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 131, 0.8x Parkland.
Pompano Beach, FL has a cost of living index of 113, 0.7x Parkland.
Davie, FL has a cost of living index of 128, 0.7x Parkland.
| City | Population | Cost Of Living | Vs. Parkland |
|---|---|---|---|
| Coral Springs, FL | 136,103 | 131 | 0.8x |
| Pompano Beach, FL | 114,147 | 113 | 0.7x |
| Davie, FL | 108,346 | 128 | 0.7x |
| Boca Raton, FL | 100,234 | 148 | 0.9x |
| Deerfield Beach, FL | 88,093 | 108 | 0.6x |
| Tamarac, FL | 73,019 | 107 | 0.6x |
| Weston, FL | 68,837 | 153 | 0.9x |
| Margate, FL | 59,198 | 110 | 0.6x |
| Coconut Creek, FL | 58,330 | 113 | 0.7x |
| North Lauderdale, FL | 45,234 | 109 | 0.6x |
