Cost of living in Broadview Park research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Broadview Park is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Florida, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Broadview Park is 99, with 100 being the average.
The cost of living index in Broadview Park is 1.0x lower than the national average.
Broadview Park ranks as the #231 cheapest in Florida out of 459.
Broadview Park ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Broadview Park is $249,800.
The median income in Broadview Park is $49,971.
According to the most recent data on the cost of living, Broadview Park has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Florida, Broadview Park has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Broadview Park ranks as #231 most affordable out of the 459 places we measured in Florida. By definition, that implies Broadview Park ranks as the #228 most expensive place in the Sunshine State.
For more reading on life in Broadview Park, check out:
Six factors go into calculating the cost of living index in Broadview Park. Here is how it fairs on each of the criteria:
The Services index in Broadview Park is 101.
The Groceries index in Broadview Park is 118.
The Health index in Broadview Park is 102.
The Housing index in Broadview Park is 87.
The Transportation index in Broadview Park is 108.
The Utilities index in Broadview Park is 100.
Living Expense | Broadview Park | Florida | National Average | |
---|---|---|---|---|
Overall | 99 | 101 | 100 | |
Services | 101 | 98 | 100 | |
Groceries | 118 | 101 | 100 | |
Health | 102 | 96 | 100 | |
Housing | 87 | 108 | 100 | |
Transportation | 108 | 98 | 100 | |
Utilities | 100 | 100 | 100 |
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Broadview Park is $249,800.
The Median Rent in Broadview Park is $1,429.
The Median Income in Broadview Park is $49,971.
The Home Value To Income in Broadview Park is 5.0x.
The Rent To Monthly Income in Broadview Park is 0.34x.
Statistic | Broadview Park | Florida | United States |
---|---|---|---|
Median Home Value | $249,800 | $248,700 | $244,900 |
Median Rent | $1,429 | $1,301 | $1,163 |
Median Income | $49,971 | $61,777 | $69,021 |
Home Value To Income | 5.0x | 4.0x | 3.5x |
Rent To Monthly Income | 0.34x | 0.25x | 0.2x |
Item | Broadview Park | Florida |
---|---|---|
Shampoo | $1.07 | $1.06 |
Movie | $11.82 | $10.68 |
Bowling | $20.88 | $14.67 |
Haircut | $14.47 | $18.62 |
Beauty Salon | $65.03 | $39.05 |
Item | Broadview Park | Florida |
---|---|---|
Ground Beef | $4.66 | $4.22 |
Fried Chicken | $1.62 | $1.39 |
Milk | $2.96 | $2.05 |
Potatoes | $4.99 | $3.29 |
Pizza | $8.99 | $10.62 |
Beer | $10.84 | $9.38 |
Toothpaste | $2.04 | $2.34 |
Item | Broadview Park | Florida |
---|---|---|
Optometrist | $135.56 | $108.57 |
Doctor | $102.25 | $116.17 |
Dentist | $106.04 | $99.13 |
Item | Broadview Park | Florida |
---|---|---|
Gasoline | $2.24 | $2.22 |
Tire Balancing | $63.76 | $50.07 |
Item | Broadview Park | Florida |
---|---|---|
All Electricity | $162.2 | $167.67 |
Phone | $188.17 | $175.64 |
The cost of living varies in the cities and towns around Broadview Park. Here's a quick look at the cost of living in the most populous nearby places:
Fort Lauderdale, FL has a cost of living index of 113, 1.1x Broadview Park.
Pembroke Pines, FL has a cost of living index of 113, 1.1x Broadview Park.
Coral Springs, FL has a cost of living index of 121, 1.2x Broadview Park.
City | Population | Cost Of Living | Vs. Broadview Park |
---|---|---|---|
Fort Lauderdale, FL | 182,247 | 113 | 1.1x |
Pembroke Pines, FL | 170,346 | 113 | 1.1x |
Coral Springs, FL | 133,693 | 121 | 1.2x |
Davie, FL | 104,782 | 111 | 1.1x |
Boca Raton, FL | 95,347 | 128 | 1.3x |
Lauderhill, FL | 73,935 | 96 | 1.0x |
Weston, FL | 68,148 | 137 | 1.4x |
Coconut Creek, FL | 57,553 | 103 | 1.0x |
Oakland Park, FL | 44,092 | 104 | 1.1x |
Lauderdale Lakes, FL | 35,898 | 94 | 0.9x |