Cost of Living in Fort Lauderdale, FL
|Cost of Living in Fort Lauderdale, FL||Compared to State Average||Compared to National Average|
|Housing (Buy and Rent)||53% higher||60% higher|
|Utilities (Monthly)||5% higher||6% higher|
|Food||13% higher||15% higher|
|Healthcare||1% lower||5% lower|
|Transportation||3% higher||3% higher|
|Goods & Services||7% higher||4% higher|
The cost of living in Fort Lauderdale, FL is 20% higher than the state average and 21% higher than the national average. Fort Lauderdale, FL housing is 60% more expensive than the U.S average, while utilities are about 6% pricier. When it comes to basic necessities such as food and clothing, groceries are around 4% more in Fort Lauderdale, FL than in the rest of the country, while clothing costs around 4% more .
Healthcare services such as doctor check-ups and dentistry cost 5% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 4% pricier in Fort Lauderdale, FL.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Fort Lauderdale is $2,718, while home prices circle around $684,430.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Fort Lauderdale, energy bills cost around $195.15 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $3.83 in Fort Lauderdale, a dozen eggs go for around $2.80 and a pound of potatoes circles around $5.02.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Fort Lauderdale, an optometry check-up costs around $132.04, while a dentist appointment is priced $98.59 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.74 in Fort Lauderdale, while getting your tires balanced will run you about $62.77.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $26.85 here. Meanwhile, a pair of women's slacks will set you back around $25.93.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Fort Lauderdale, you should budget around $13.07 a month. When it comes to personal services, a haircut usually goes for $22.52, while dry cleaning costs about $19.41.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Fort Lauderdale, the median household income is $66,994.