Deerfield Beach cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexDeerfield BeachFloridaNational
Cost of living index95100100
IndexDeerfield BeachFloridaNational
Goods & Services index99101100
Groceries index102105100
Health care index9997100
Housing index8095100
Transportation index118105100
Utilities index97102100
An overview of the general cost of living index for Deerfield Beach, FL is displayed above for your reference. Residents in Deerfield Beach, FL enjoy a cost of living index of 95. This index is 5% lower than the Florida average, and 5% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Deerfield Beach, FL, the average cost of goods and services is 2% lower than it is in Florida, and it is 1% lower than the national average.

Did you know?

  • The cost of living in Deerfield Beach is 5% lower than the Florida average.
  • The cost of living in Deerfield Beach is 5% lower than the national average.
  • The cost of housing in Deerfield Beach is 20% lower than the national average.
  • Florida general sales tax is 18% higher than the national average.
  • Florida state income tax is 100% lower than the national average.

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Compare Deerfield Beach, FL Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is used in order to provide a comparison of your current salary in Deerfield Beach, FL to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Deerfield Beach, FL, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Deerfield Beach, FL salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Deerfield Beach, FL, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Deerfield Beach, FL has a median income of about $41,224 for people who own homes. Based on that number, a person should spend a maximum of $962 on expenses related to housing. Renters have a slightly different median income, which is $34,706. Based on this average, renters should spend no more than $810 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
One thing to keep in mind when considering the cost of living in Deerfield Beach, FL is the Florida sales tax and Florida income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Florida sales tax rate is 6% and the maximum surtax that can be charged is 7.5%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Florida income tax rates range from 0% to 0%.

Goods & Services

ItemDeerfield BeachNational avg.Difference
Haircut $12.83$14.5912.1%
Beauty Salon $49.75$34.6843.5%
Toothpaste $2.91$2.4717.7%
Shampoo $1.03$1.020.8%
Movie $12.41$9.8725.8%
Bowling $4.53$4.393.1%


ItemDeerfield BeachNational avg.Difference
Ground Beef $5.12$4.4814.4%
Fried Chicken $1.56$1.466.6%
Milk $2.82$2.3619.7%
Potatoes $3.32$3.068.4%
Pizza $8.99$9.242.7%
Beer $8.02$8.637.1%

Health Care

ItemDeerfield BeachNational avg.Difference
Optometrist $95.80$99.784.0%
Doctor $87.00$105.0317.2%
Dentist $87.40$88.701.5%
Ibuprofen $11.59$9.4123.1%
Lipitor $332.58$298.5011.4%


ItemDeerfield BeachNational avg.Difference
Home Price $106,100.00$175,700.0039.6%
Avg. Mortgage Payment $1,564.37$1,081.0344.7%
Apartment Rent $1,155.00$920.0025.5%


ItemDeerfield BeachNational avg.Difference
Gasoline $2.35$2.0912.6%
Tire Balancing $59.59$45.2931.6%


ItemDeerfield BeachNational avg.Difference
All Electricity$166.37$170.802.6%
Phone $27.52$28.262.6%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Franklin Park, FL1,00090-10%
Lauderdale Lakes, FL33,71091-9%
Lauderhill, FL69,08293-7%
Watergate, FL3,14293-7%
Washington Park, FL1,51494-6%
Deerfield Beach, FL77,34195-5%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Lawrence, MA77,36412323%
Camden, NJ77,294100-0%
Fayetteville, AR77,26494-6%
Melbourne, FL77,21696-4%
Bellflower, CA77,52112929%
Deerfield Beach, FL77,34195-5%
Source: The Deerfield Beach, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.