Housing costs in Fort Lauderdale?
A typical home costs
$846,100, which is 150.3% more expensive than the national average of
$338,100 and 133.5% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Fort Lauderdale costs
$2,710 per month, which is 73.7% more than the national average of
$1,560 and 30.3% more than the state average of
$1,890.
Can I afford Fort Lauderdale?
To live comfortably in Fort Lauderdale (zip 33301), Florida, a minimum annual income of
$162,000 for a family, and
$86,800 for a single person is recommended.
What does A.I. say about Fort Lauderdale?
The cost of living in 33301 Fort Lauderdale, FL is quite high compared to many other parts of the country. The median home price in this zip code is $501,100 and the median rent is $2,369 per month. Additionally, goods and services are more expensive than average in 33301 due to its proximity to Miami and other popular Florida cities. Groceries are more expensive here than in most areas, as well as healthcare costs. Even transportation costs are higher as gasoline prices are typically higher than average throughout Fort Lauderdale. That said, there are plenty of opportunities for employment and entertainment in this area which allows residents to make the most out of their income despite the cost of living being above average.