Cost of Living in Broward County, FL

What does it cost to live in Broward County? Income, housing, and affordability breakdown.

Median Income

$70,331

Median Rent

$1,683/mo

Median Home

$348,600

Affordability

272

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$1,763
Property Tax$276
Insurance$116

Total Monthly$2,155
% of Income36.8%

Renting

Median Rent$1,683
Renter's Insurance$25

Total Monthly$1,708
% of Income28.7%

Living in Broward County, Florida

Broward County has a median household income of $70,331 with housing costs that represent 36.8% of income for owners and 28.7% for renters. Housing costs exceed the recommended 30% threshold, suggesting affordability challenges.

The affordability index of 272 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Florida

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.