Cost of Living in Hollywood, FL
Hollywood has a cost of living index of 112 (100 = national average), making it more expensive than the national average. The median household income is $49,875 and the median home price is $380,000.
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Hollywood at a Glance
Population
153,627
Cost of Living Index
112
Median Income
$49,875
Median Home Price
$380,000
Property Tax Rate
0.94%
Sales Tax Rate
7.00%
Rent Index
110
State
Florida
Living in Hollywood
Hollywood has a cost of living slightly above the national average. While housing at $380,000 is a significant expense, the area offers a balance between cost and quality of life.
The combined sales tax rate in Hollywood is 7.00%, and the effective property tax rate is 0.94%. Property taxes are close to the national average.