| Index | Davie | Florida | National |
| Cost of living | 126 | 102 | 100 |
| Groceries | 106 | 102 | 100 |
| Health care | 107 | 104 | 100 |
| Housing | 173 | 97 | 100 |
| Transportation | 106 | 103 | 100 |
| Utilities | 116 | 110 | 100 |
| Lifestyle & Entertainment | 100 | 104 | 100 |
| Household Items | 101 | 102 | 100 |
| Education & Childcare | 109 | 106 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Davie? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Davie stands at 126, making it 26% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
If you value affordability in your search for a new place to live, Davie may not be the most suitable option, as it stands out as one of the priciest areas in the entire United States. Only a small fraction of regions have a cost of living that is more than 20% higher than the national average, and regrettably, Davie falls into this category, which may not align with your desire for an affordable place to call home.
Housing costs are a very significant part of the Davie cost of living index and generally encompass a large percentage of take-home income. Unfortunately, in this area, the housing costs for both homes and rentals were 72.8% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.
Wondering if Davie is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Davie, for example, the median home price is 76.2% higher than what folks pay nationally, and monthly rent is 64.8% higher than the usual rates. Plus, income levels matter too, with Davie boasting a median household income of $113,146, which is 39.1% higher than the national average.
Transportation: In areas where public transportation is scarce or unavailable, residents often find themselves compelled to own and upkeep vehicles, thereby increasing the overall cost of living. Monthly expenses encompass fuel, insurance, routine maintenance and potentially lease or financing payments. In Davie, the transportation index is 5.9% higher than the national average.
Subsidies: Certain cities or states may institute government subsidies or assistance programs designed to alleviate the financial burdens associated with the cost of living for their residents. These programs encompass a variety of support mechanisms, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farm subsidies. Areas that provide fewer subsidies may see an uptick in their overall cost of living.
Housing: When everyone's vying for homes in popular areas, it drives up property prices and rents, making the overall cost of living surge. On the flip side, in less sought-after locales, where housing demand is low, prices tend to dip, resulting in a more economical cost of living. In Davie, the housing index comes in at 72.8% higher than the national average.
The cost of living estimates displayed for Davie are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.
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| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $135,798 | $11,317 | $3,168 | $4,074 |
| Renters | $66,903 | $5,575 | $1,561 | $2,007 |
| 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. |
| Pembroke Park, FL | 6,970 | 89 | 11.0% |
| Lauderdale Lakes, FL | 37,351 | 98 | 1.6% |
| Franklin Park, FL | 1,602 | 99 | 1.2% |
| Roosevelt Gardens, FL | 2,139 | 100 | 0.4% |
| Opa-locka, FL | 16,610 | 101 | 1.2% |
| Davie, FL | 109,448 | 126 | 26.1% |
| City | Population | Cost of Living Index | National Avg. |
| West Covina, CA | 109,502 | 165 | 64.6% |
| St. John's, NL | 109,566 | n/a | |
| Santa Maria, CA | 109,248 | 138 | 37.8% |
| Tyler, TX | 109,766 | 97 | 2.7% |
| San Tan Valley, AZ | 108,601 | 113 | 12.9% |
| Davie, FL | 109,448 | 126 | 26.1% |
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