| Index | Deerfield Beach | Florida | National |
| Cost of living | 107 | 102 | 100 |
| Groceries | 103 | 102 | 100 |
| Health care | 102 | 104 | 100 |
| Housing | 111 | 97 | 100 |
| Transportation | 105 | 103 | 100 |
| Utilities | 114 | 110 | 100 |
| Lifestyle & Entertainment | 106 | 104 | 100 |
| Household Items | 100 | 102 | 100 |
| Education & Childcare | 107 | 106 | 100 |
Knowing the cost of living in Deerfield Beach allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Deerfield Beach stands at 107, marking it 7% higher than the national average.
In Deerfield Beach, daily expenses such as food, housing, lifestyle expenses, transportation and health care are in line with comparable areas and about average when compared to all cities across the nation. This ensures that the cost of living in Deerfield Beach will resemble that of an average city, contributing to a manageable cost of living.
Is Deerfield 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 Deerfield Beach is 2.2% lower than the national average, while the average monthly rent prices are 43.1% higher than average. The affordability of any location can also be influenced by median income levels. Deerfield Beach has a median household income of $69,545, which is 14.5% lower than the national average.
Healthcare: Healthcare costs and insurance premiums can undergo substantial fluctuations based on the city or state of residence. Elements such as the availability of healthcare facilities, out-of-pocket costs for medical consultations, dental expenses, prescription medication charges and specialized medical care fees all contribute to variations in the cost of living. In Deerfield Beach, healthcare costs are 1.9% higher than the national average.
Utilities: Like everything else, utilities costs can range significantly depending on factors like climate, energy sources available, location and even state regulations. Things like electricity, water, heating and waste disposal costs can be higher or lower, depending on the city or state. The utilities index in Deerfield Beach comes in at 14.2% higher than the national average.
Housing: When there's a high demand for housing in trendy places, it can cause property prices and rental rates to soar, leading to a significantly higher cost of living. Conversely, in less desirable locations, where demand is low, prices tend to decrease, resulting in a more budget-friendly cost of living. In Deerfield Beach, the housing index is 11.4% higher than the national average.
The cost of living estimates displayed for Deerfield Beach 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.
| 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 | $79,119 | $6,593 | $1,846 | $2,374 |
| Renters | $60,076 | $5,006 | $1,402 | $1,802 |
| 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. |
| Lauderdale Lakes, FL | 37,351 | 98 | 1.6% |
| Franklin Park, FL | 1,602 | 99 | 1.2% |
| Roosevelt Gardens, FL | 2,139 | 100 | 0.4% |
| Acacia Villas, FL | 659 | 102 | 2.0% |
| Lauderhill, FL | 73,782 | 106 | 5.5% |
| Deerfield Beach, FL | 83,186 | 107 | 6.9% |
| City | Population | Cost of Living Index | National Avg. |
| Cranston, RI | 83,148 | 114 | 14.0% |
| Silver Spring, MD | 83,266 | 154 | 53.9% |
| Brooklyn Park, MN | 83,324 | 107 | 7.3% |
| San Ramon, CA | 83,423 | 220 | 120.1% |
| New Westminster, BC | 82,940 | n/a | |
| Deerfield Beach, FL | 83,186 | 107 | 6.9% |
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