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.