Pompano Beach, FL Cost Of Living
Cost Of Living In Pompano Beach, FL Summary
Cost of living in Pompano Beach 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 Pompano Beach 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 Pompano Beach is 109, with 100 being the average.
The cost of living index in Pompano Beach is 1.1x higher than the national average.
Pompano Beach ranks as the #250 cheapest in Florida out of 459.
Pompano Beach ranks as the #3,556 cheapest out of 6,489 in the US.
The median home value in Pompano Beach is $350,424.
The median income in Pompano Beach is $63,832.
Table Of Contents
Pompano Beach's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Pompano Beach, FL?
According to the most recent data on the cost of living, Pompano Beach has an overall cost of living index of 109, which is 1.1x higher than the national index of 100.
Compared to Florida, Pompano Beach has a cost of living index that's 1.1x higher than Florida's index of 97.
The standard of living in Pompano Beach ranks as #250 most affordable out of the 459 places we measured in Florida. By definition, that implies Pompano Beach ranks as the #209 most expensive place in the Sunshine State.
For more reading on life in Pompano Beach, check out:
In Florida
In America
Pompano Beach Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Pompano Beach. Here is how it fairs on each of the criteria:
The Services index in Pompano Beach is 103.
The Groceries index in Pompano Beach is 104.
The Health index in Pompano Beach is 92.
The Housing index in Pompano Beach is 129.
The Transportation index in Pompano Beach is 103.
The Utilities index in Pompano Beach is 104.
| Living Expense | Pompano Beach | Florida | National Average | |
|---|---|---|---|---|
| Overall | 109 | 97 | 100 | |
| Services | 103 | 96 | 100 | |
| Groceries | 104 | 99 | 100 | |
| Health | 92 | 98 | 100 | |
| Housing | 129 | 96 | 100 | |
| Transportation | 103 | 97 | 100 | |
| Utilities | 104 | 95 | 100 | |
Pompano Beach, 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 2019-2023. The key points are:
The Median Home Value in Pompano Beach is $350,424.
The Median Rent in Pompano Beach is $1,636.
The Median Income in Pompano Beach is $63,832.
The Home Value To Income in Pompano Beach is 5.5x.
The Rent To Monthly Income in Pompano Beach is 0.31x.
| Statistic | Pompano Beach | Florida | United States |
|---|---|---|---|
| Median Home Value | $350,424 | $377,066 | $303,400 |
| Median Rent | $1,636 | $1,564 | $1,348 |
| Median Income | $63,832 | $71,711 | $78,538 |
| Home Value To Income | 5.5x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.31x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
Pompano Beach, FL Costs By Category
Detailed Pompano Beach Services Costs Vs. Florida
| Item | Pompano Beach | 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 |
Detailed Pompano Beach Groceries Costs Vs. Florida
| Item | Pompano Beach | 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 |
Detailed Pompano Beach Health Costs Vs. Florida
| Item | Pompano Beach | Florida |
|---|---|---|
| Optometrist | $113.16 | $125.68 |
| Doctor | $114.67 | $135.78 |
| Dentist | $106.72 | $113.29 |
Detailed Pompano Beach Transportation Costs Vs. Florida
| Item | Pompano Beach | Florida |
|---|---|---|
| Gasoline | $3.43 | $3.46 |
| Tire Balancing | $63.46 | $59.92 |
Detailed Pompano Beach Utilities Costs Vs. Florida
| Item | Pompano Beach | Florida |
|---|---|---|
| All Electricity | $200.94 | $193.99 |
| Phone | $194.37 | $192.25 |
Pompano Beach SnackAbility
/10
Cost Of Living In Cities Around Pompano Beach
The cost of living varies in the cities and towns around Pompano Beach. 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 122, 1.1x Pompano Beach.
Coral Springs, FL has a cost of living index of 130, 1.2x Pompano Beach.
Davie, FL has a cost of living index of 122, 1.1x Pompano Beach.
| City | Population | Cost Of Living | Vs. Pompano Beach |
|---|---|---|---|
| Pembroke Pines, FL | 170,557 | 122 | 1.1x |
| Coral Springs, FL | 133,962 | 130 | 1.2x |
| Davie, FL | 106,412 | 122 | 1.1x |
| Boca Raton, FL | 98,833 | 144 | 1.3x |
| Deerfield Beach, FL | 86,742 | 108 | 1.0x |
| Weston, FL | 67,952 | 152 | 1.4x |
| Margate, FL | 58,418 | 111 | 1.0x |
| Coconut Creek, FL | 57,587 | 111 | 1.0x |
| North Lauderdale, FL | 44,650 | 109 | 1.0x |
| Oakland Park, FL | 44,015 | 111 | 1.0x |
