What is the cost of living in South Bay, FL?
According to the most recent data on the cost of living, South Bay has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Florida, South Bay has a cost of living index that's 0.9x lower than Florida's index of 104.
The standard of living in South Bay ranks as #43 most affordable out of the 462 places we measured in Florida. By definition, that implies South Bay ranks as the #419 most expensive place in the Sunshine State.
For more reading on life in South Bay, check out:
South Bay Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in South Bay. Here is how it fares on each of the criteria:
The Services index in South Bay is 100.
The Groceries index in South Bay is 104.
The Health index in South Bay is 65.
The Housing index in South Bay is 107.
The Transportation index in South Bay is 110.
The Utilities index in South Bay is 103.
| Living Expense | South Bay | Florida | National Average |
|---|---|---|---|
| Overall | 95 | 104 | 100 |
| Services | 100 | 101 | 100 |
| Groceries | 104 | 105 | 100 |
| Health | 65 | 99 | 100 |
| Housing | 107 | 104 | 100 |
| Transportation | 110 | 109 | 100 |
| Utilities | 103 | 105 | 100 |
South Bay 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 South Bay Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
South Bay, 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 South Bay is $233,446.
The Median Rent in South Bay is $1,085.
The Median Income in South Bay is $51,417.
The Home Value To Income in South Bay is 4.5x.
The Rent To Monthly Income in South Bay is 0.25x.
South Bay, FL Costs By Category
Detailed South Bay Services costs vs. Florida
Detailed South Bay Groceries costs vs. Florida
Detailed South Bay Health costs vs. Florida
Detailed South Bay Transportation costs vs. Florida
South Bay SnackAbility
Cost Of Living In Cities Around South Bay
The cost of living varies in the cities and towns around South Bay. 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, 1.4x South Bay.
Davie, FL has a cost of living index of 128, 1.3x South Bay.
Boca Raton, FL has a cost of living index of 148, 1.6x South Bay.
| City | Population | Cost Of Living | Vs. South Bay |
|---|---|---|---|
| Coral Springs, FL | 136,103 | 131 | 1.4x |
| Davie, FL | 108,346 | 128 | 1.3x |
| Boca Raton, FL | 100,234 | 148 | 1.6x |
| Weston, FL | 68,837 | 153 | 1.6x |
| Wellington, FL | 62,146 | 141 | 1.5x |
| Jupiter, FL | 61,883 | 132 | 1.4x |
| Coconut Creek, FL | 58,330 | 113 | 1.2x |
| Oakland Park, FL | 44,682 | 114 | 1.2x |
| Royal Palm Beach, FL | 40,344 | 119 | 1.3x |
| Parkland, FL | 37,178 | 172 | 1.8x |
