| Index | Lauderdale Lakes | Florida | National |
| Cost of living | 98 | 102 | 100 |
| Groceries | 104 | 102 | 100 |
| Health care | 105 | 104 | 100 |
| Housing | 84 | 97 | 100 |
| Transportation | 105 | 103 | 100 |
| Utilities | 112 | 110 | 100 |
| Lifestyle & Entertainment | 107 | 104 | 100 |
| Household Items | 100 | 102 | 100 |
| Education & Childcare | 100 | 106 | 100 |
The cost of living in Lauderdale Lakes 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 Lauderdale Lakes is 98, which is 2% lower 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 Lauderdale Lakes 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 Lauderdale Lakes 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 Lauderdale Lakes affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Lauderdale Lakes, the median home price is 30.8% lower than the national average and monthly rent prices are 17.8% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Lauderdale Lakes boasting a median household income of $53,339, 34.4% lower than the national average.
Healthcare: Healthcare costs and insurance premiums can fluctuate greatly based on the city or state. Access to healthcare facilities, out-of-pocket expenses for doctor\’s visits, dentist costs, medication costs and specialized care costs can all impact the cost of living. In Lauderdale Lakes, the healthcare costs are 5.2% higher than the national average.
Utilities: Much like any other costs, utility expenses can exhibit considerable variations, influenced by factors such as climate, available energy sources, geographic location and state regulations. The costs associated with electricity, water, heating, and waste disposal can vary significantly depending on the city or state in question. In Lauderdale Lakes, the utilities index stands at 12.2% higher than the national average.
Subsidies: Certain regions may provide government subsidies or assistance initiatives designed to alleviate the cost of living burden on their residents. These programs encompass a wide range of support mechanisms, such as 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 farming subsidies. Areas with fewer subsidy offerings might experience an elevation in their cost of living.
The Lauderdale Lakes cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for directional city-to-city comparisons.
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| 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 | $64,620 | $5,385 | $1,508 | $1,939 |
| Renters | $44,287 | $3,691 | $1,033 | $1,329 |
| 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% |
| Franklin Park, FL | 1,602 | 99 | 1.2% |
| Roosevelt Gardens, FL | 2,139 | 100 | 0.4% |
| Lauderhill, FL | 73,782 | 106 | 5.5% |
| Watergate, FL | 3,788 | 106 | 5.9% |
| Lauderdale Lakes, FL | 37,351 | 98 | 1.6% |
| City | Population | Cost of Living Index | National Avg. |
| Bartlesville, OK | 37,389 | 89 | 10.8% |
| Brighton, NY | 37,402 | 109 | 9.1% |
| Oakville, MO | 37,403 | 104 | 4.0% |
| Oakton, VA | 37,413 | 164 | 63.9% |
| Winchester, NV | 37,419 | 102 | 1.6% |
| Lauderdale Lakes, FL | 37,351 | 98 | 1.6% |
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