Housing costs in Fort Lauderdale?
A typical home costs
$696,000, which is 105.9% more expensive than the national average of
$338,100 and 92.1% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Fort Lauderdale costs
$1,780 per month, which is 14.1% more than the national average of
$1,560 and 6.2% cheaper than the state average of
$1,890.
Can I afford Fort Lauderdale?
To live comfortably in Fort Lauderdale (zip 33305), Florida, a minimum annual income of
$133,200 for a family, and
$57,200 for a single person is recommended.
What does A.I. say about Fort Lauderdale?
The cost of living in 33305 Fort Lauderdale, FL is higher than the national average. The median home value for this zip code is around $310,000 and the median rent is over $1,860 per month. This makes it one of the more expensive places to live in the United States. Groceries, utilities, and transportation are also above average when compared to other places in Florida and the nation as a whole. However, this area offers a great lifestyle with plenty of amenities and activities to enjoy that make up for the higher costs.