Housing costs in Fort Lauderdale?
A typical home costs
$446,900, which is 32.2% more expensive than the national average of
$338,100 and 23.3% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Fort Lauderdale costs
$1,710 per month, which is 9.6% more than the national average of
$1,560 and 10.5% cheaper than the state average of
$1,890.
Can I afford Fort Lauderdale?
To live comfortably in Fort Lauderdale (zip 33312), Florida, a minimum annual income of
$85,680 for a family, and
$54,800 for a single person is recommended.
What does A.I. say about Fort Lauderdale?
The cost of living in Fort Lauderdale, FL (33312) is relatively high compared to the national average. Prices for housing, transportation, groceries, and other expenses are significantly higher than other parts of the country. A single-family home in this area costs an average of $290,000, while a one-bedroom apartment can cost anywhere between $1,300 and $2,000 per month. Transportation costs are also quite high with the average price for gas at around $2.50 per gallon. Groceries also tend to be a bit pricier with the cost of a basket of goods costing about 10% more than the national average. All in all, living in Fort Lauderdale is definitely not cheap but it does provide plenty of amenities and entertainment that make up for it.