| Index | Dania Beach | Florida | National |
| Cost of living | 108 | 102 | 100 |
| Groceries | 103 | 102 | 100 |
| Health care | 104 | 104 | 100 |
| Housing | 117 | 97 | 100 |
| Transportation | 104 | 103 | 100 |
| Utilities | 108 | 110 | 100 |
| Lifestyle & Entertainment | 103 | 104 | 100 |
| Household Items | 104 | 102 | 100 |
| Education & Childcare | 101 | 106 | 100 |
The cost of living in Dania Beach affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Dania Beach is 108, which is 8% higher than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.
The cost of living in Dania Beach closely mirrors the national average in comparison to other cities nationwide. Essential items such as groceries, houshold expenses, health care and utilities are priced at a level consistent with similar urban areas. This means that residents of Dania Beach can anticipate that their daily expenses will remain reasonably in line with those of an average city, contributing to a manageable cost of living.
Is Dania Beach an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Dania Beach is 8.1% higher than the national average, while the average monthly rent prices are 38.9% higher than average. The affordability of any location can also be influenced by median income levels. Dania Beach has a median household income of $66,571, which is 18.2% lower than the national average.
Housing: A sought-after location with high housing demand often leads to increased property values and rental rates, which can significantly inflate the overall cost of living. Conversely, areas with low housing demand, particularly in less desirable locales, tend to experience the opposite effect, causing prices to drop and contributing to a more affordable cost of living. In Dania Beach, the housing index stands at 17.4% higher than the national average.
Transportation: In situations where public transportation is limited or nonexistent, local residents may be required to own and maintain their own vehicles, contributing to an elevated cost of living. Monthly expenditures may encompass fuel costs, insurance premiums, routine vehicle upkeep and possibly lease or financing payments. In Dania Beach, the transportation index is 3.7% higher than the national average.
Groceries: Over the past 2-3 years, grocery expenses have experienced substantial upward trends. In certain markets, food prices have surged by over 20% during this period, while others have witnessed more modest increases. These fluctuations in food costs can wield significant influence over the overall cost of living in a given region. In Dania Beach, the groceries index is 2.5% higher than the national average.
The Dania Beach cost of living estimates above use a normalized U.S. average of 100 as the baseline for comparison. Housing values incorporate local home price and rental information from the U.S. Census, while all other estimates are AI-assisted and modeled using expected everyday expenses, local market trends, climate, and transportation-related cost pressures. The results are intended for practical city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $80,189 | $6,682 | $1,871 | $2,406 |
| Renters | $61,469 | $5,122 | $1,434 | $1,844 |
| State | General Sales Tax | With Max Surtax |
| Florida | 6% | 7.5% |
| State | Income Tax (Low) | Income Tax (High) |
| Florida | 0% | 0% |
| City | Population | Cost of Living Index | National Avg. |
| Medley, FL | 1,076 | 89 | 10.7% |
| Pembroke Park, FL | 6,970 | 89 | 11.0% |
| Lauderdale Lakes, FL | 37,351 | 98 | 1.6% |
| Franklin Park, FL | 1,602 | 99 | 1.2% |
| Gladeview, FL | 13,938 | 99 | 1.4% |
| Dania Beach, FL | 32,992 | 108 | 7.7% |
| City | Population | Cost of Living Index | National Avg. |
| Spring Valley, CA | 33,003 | 150 | 50.5% |
| Fort Erie, ON | 32,970 | n/a | |
| Lake Magdalene, FL | 33,029 | 111 | 10.7% |
| Weatherford, TX | 33,029 | 102 | 2.2% |
| Bay Shore, NY | 32,913 | 134 | 34.4% |
| Dania Beach, FL | 32,992 | 108 | 7.7% |
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