Cost of living in Plantation 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 Plantation 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 Plantation is 129, with 100 being the average.
The cost of living index in Plantation is 1.3x higher than the national average.
Plantation ranks as the #401 cheapest in Florida out of 459.
Plantation ranks as the #4,942 cheapest out of 6,489 in the US.
The median home value in Plantation is $500,160.
The median income in Plantation is $87,077.
According to the most recent data on the cost of living, Plantation has an overall cost of living index of 129, which is 1.3x higher than the national index of 100.
Compared to Florida, Plantation has a cost of living index that's 1.3x higher than Florida's index of 97.
The standard of living in Plantation ranks as #401 most affordable out of the 459 places we measured in Florida. By definition, that implies Plantation ranks as the #58 most expensive place in the Sunshine State.
For more reading on life in Plantation, check out:
Six factors go into calculating the cost of living index in Plantation. Here is how it fairs on each of the criteria:
The Services index in Plantation is 105.
The Groceries index in Plantation is 106.
The Health index in Plantation is 95.
The Housing index in Plantation is 187.
The Transportation index in Plantation is 99.
The Utilities index in Plantation is 105.
| Living Expense | Plantation | Florida | National Average | |
|---|---|---|---|---|
| Overall | 129 | 97 | 100 | |
| Services | 105 | 96 | 100 | |
| Groceries | 106 | 99 | 100 | |
| Health | 95 | 98 | 100 | |
| Housing | 187 | 96 | 100 | |
| Transportation | 99 | 97 | 100 | |
| Utilities | 105 | 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 Plantation is $500,160.
The Median Rent in Plantation is $2,148.
The Median Income in Plantation is $87,077.
The Home Value To Income in Plantation is 5.7x.
The Rent To Monthly Income in Plantation is 0.3x.
| Statistic | Plantation | Florida | United States |
|---|---|---|---|
| Median Home Value | $500,160 | $377,066 | $303,400 |
| Median Rent | $2,148 | $1,564 | $1,348 |
| Median Income | $87,077 | $71,711 | $78,538 |
| Home Value To Income | 5.7x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.3x | 0.26x | 0.21x |
| Item | Plantation | 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 | Plantation | 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 | Plantation | Florida |
|---|---|---|
| Optometrist | $113.16 | $125.68 |
| Doctor | $114.67 | $135.78 |
| Dentist | $106.72 | $113.29 |
| Item | Plantation | Florida |
|---|---|---|
| Gasoline | $3.43 | $3.46 |
| Tire Balancing | $63.46 | $59.92 |
| Item | Plantation | Florida |
|---|---|---|
| All Electricity | $200.94 | $193.99 |
| Phone | $194.37 | $192.25 |