Cost of Living in Fort Lauderdale, FL

Fort Lauderdale has a cost of living index of 122 (100 = national average), making it significantly more expensive than the national average. The median household income is $56,135 and the median home price is $450,000.

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Fort Lauderdale at a Glance

Population

182,760

Cost of Living Index

122

Median Income

$56,135

Median Home Price

$450,000

Property Tax Rate

0.95%

Sales Tax Rate

7.00%

Rent Index

130

State

Florida

Living in Fort Lauderdale

Fort Lauderdale is one of the more expensive cities in the United States. Housing costs are a major factor, with the median home price at $450,000. However, the median household income of $56,135 partially offsets the higher costs.

The combined sales tax rate in Fort Lauderdale is 7.00%, and the effective property tax rate is 0.95%. Property taxes are close to the national average.

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