Housing costs in Fort Lauderdale?
A typical home costs
$532,000, which is 57.3% more expensive than the national average of
$338,100 and 46.8% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Fort Lauderdale costs
$1,470 per month, which is 5.8% cheaper than the national average of
$1,560 and 28.6% cheaper than the state average of
$1,890.
Can I afford Fort Lauderdale?
To live comfortably in Fort Lauderdale (zip 33306), Florida, a minimum annual income of
$101,880 for a family, and
$46,800 for a single person is recommended.
What does A.I. say about Fort Lauderdale?
The cost of living in 33306 Fort Lauderdale, FL is quite high. According to BestPlaces, the cost of living index for 33306 is 151.49, which is 15% higher than the US average. Rent prices are particularly steep, with a one bedroom apartment costing around $1,847 per month and a three bedroom apartment costing around $2,657 per month on average. Groceries are also expensive with an overall grocery index of 97.31 which is 7% higher than the national average. Additionally, basic utilities such as electricity and internet access can be costly too. Taking these factors into account, it’s clear that Fort Lauderdale can be an expensive place to live in.