Cost of living in Tamarac 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 Tamarac 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 Tamarac is 107, with 100 being the average.
The cost of living index in Tamarac is 1.1x higher than the national average.
Tamarac ranks as the #227 cheapest in Florida out of 459.
Tamarac ranks as the #3,374 cheapest out of 6,489 in the US.
The median home value in Tamarac is $300,890.
The median income in Tamarac is $59,216.
According to the most recent data on the cost of living, Tamarac has an overall cost of living index of 107, which is 1.1x higher than the national index of 100.
Compared to Florida, Tamarac has a cost of living index that's 1.1x higher than Florida's index of 97.
The standard of living in Tamarac ranks as #227 most affordable out of the 459 places we measured in Florida. By definition, that implies Tamarac ranks as the #232 most expensive place in the Sunshine State.
For more reading on life in Tamarac, check out:
Six factors go into calculating the cost of living index in Tamarac. Here is how it fairs on each of the criteria:
The Services index in Tamarac is 103.
The Groceries index in Tamarac is 103.
The Health index in Tamarac is 95.
The Housing index in Tamarac is 119.
The Transportation index in Tamarac is 103.
The Utilities index in Tamarac is 105.
| Living Expense | Tamarac | Florida | National Average | |
|---|---|---|---|---|
| Overall | 107 | 97 | 100 | |
| Services | 103 | 96 | 100 | |
| Groceries | 103 | 99 | 100 | |
| Health | 95 | 98 | 100 | |
| Housing | 119 | 96 | 100 | |
| Transportation | 103 | 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 Tamarac is $300,890.
The Median Rent in Tamarac is $1,791.
The Median Income in Tamarac is $59,216.
The Home Value To Income in Tamarac is 5.1x.
The Rent To Monthly Income in Tamarac is 0.36x.
The cost of living varies in the cities and towns around Tamarac. 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 Tamarac.
Coral Springs, FL has a cost of living index of 130, 1.2x Tamarac.
Davie, FL has a cost of living index of 122, 1.1x Tamarac.
| City | Population | Cost Of Living | Vs. Tamarac |
|---|---|---|---|
| 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 |
| Sunrise, FL | 96,633 | 111 | 1.0x |
| Lauderhill, FL | 73,961 | 105 | 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 |