Southwest Ranches, FL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2020-03-08
165
Southwest Ranches's Overall Cost Of Living
1.6x
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Southwest Ranches is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Southwest Ranches, FL?

According to the most recent data on the cost of living, Southwest Ranches has an overall cost of living index of 165 which is 1.6x higher than the national index of 100.

Compared to only Florida, Southwest Ranches has a cost of living index that's 1.7x higher than Florida's index of 99.

The standard of living in Southwest Ranches ranks as #6068 most affordable out of the 6522 places we measured in Florida. By definition, that implies Southwest Ranches ranks as the #339 most expensive place in the Sunshine State.

For more reading on life in Southwest Ranches, check out:

Southwest Ranches Cost Of Living Vs. Florida

Living Expense Southwest Ranches Florida National Average
Overall 165 99 100
Services 99 99 100
Groceries 106 105 100
Health 100 100 100
Housing 312 96 100
Transportation 108 98 100
Utilities 98 102 100
For more reading on cost of living around Florida, check out:
Southwest Ranches Cost of Living Vs. FL

Southwest Ranches, 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.

$627,700
Median Home Value
$2,893
Median Rent
$104,083
Median Income
Statistic Southwest Ranches Florida United States
Median Home Value $627,700 $196,800 $204,900
Median Rent $2,893 $1,128 $1,023
Median Income $104,083 $53,267 $60,293
Home Value To Income 6.0x 3.7x 3.4x
Rent To Monthly Income 0.33x 0.25x 0.2x

Southwest Ranches SnackAbility

8.5
/10
Overall SnackAbility
Jobs
8.5/10
Housing
10
Affordability
3
Diversity
9
Safety
8.5
Amenities
7
Education
8
Commute
4

Cost Of Living In Cities Around Southwest Ranches

City Population Cost Of Living Vs. Southwest Ranches
Pembroke Pines, FL 168,260 111 0.7x
Miramar, FL 138,168 111 0.7x
Coral Springs, FL 131,151 117 0.7x
Miami Gardens, FL 112,913 99 0.6x
Davie, FL 103,132 109 0.7x
Weston, FL 70,220 137 0.8x
Coconut Creek, FL 59,997 101 0.6x
Country Club, FL 49,684 103 0.6x
Oakland Park, FL 44,339 100 0.6x
North Lauderdale, FL 43,829 96 0.6x

Articles About Florida

Enjoy The Snack?