Cost of living in Cooper City 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 Cooper City 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 Cooper City is 127, with 100 being the average.
The cost of living index in Cooper City is 1.3x higher than the national average.
Cooper City ranks as the #432 cheapest in Florida out of 459.
Cooper City ranks as the #5,140 cheapest out of 6,412 in the US.
The median home value in Cooper City is $431,200.
The median income in Cooper City is $113,147.
According to the most recent data on the cost of living, Cooper City has an overall cost of living index of 127, which is 1.3x higher than the national index of 100.
Compared to Florida, Cooper City has a cost of living index that's 1.3x higher than Florida's index of 101.
The standard of living in Cooper City ranks as #432 most affordable out of the 459 places we measured in Florida. By definition, that implies Cooper City ranks as the #27 most expensive place in the Sunshine State.
For more reading on life in Cooper City, check out:
Six factors go into calculating the cost of living index in Cooper City. Here is how it fairs on each of the criteria:
The Services index in Cooper City is 99.
The Groceries index in Cooper City is 115.
The Health index in Cooper City is 105.
The Housing index in Cooper City is 177.
The Transportation index in Cooper City is 109.
The Utilities index in Cooper City is 99.
Living Expense | Cooper City | Florida | National Average | |
---|---|---|---|---|
Overall | 127 | 101 | 100 | |
Services | 99 | 98 | 100 | |
Groceries | 115 | 101 | 100 | |
Health | 105 | 96 | 100 | |
Housing | 177 | 108 | 100 | |
Transportation | 109 | 98 | 100 | |
Utilities | 99 | 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 Cooper City is $431,200.
The Median Rent in Cooper City is $2,072.
The Median Income in Cooper City is $113,147.
The Home Value To Income in Cooper City is 3.8x.
The Rent To Monthly Income in Cooper City is 0.22x.
Statistic | Cooper City | Florida | United States |
---|---|---|---|
Median Home Value | $431,200 | $248,700 | $244,900 |
Median Rent | $2,072 | $1,301 | $1,163 |
Median Income | $113,147 | $61,777 | $69,021 |
Home Value To Income | 3.8x | 4.0x | 3.5x |
Rent To Monthly Income | 0.22x | 0.25x | 0.2x |
Item | Cooper City | 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 | Cooper City | 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 | Cooper City | Florida |
---|---|---|
Optometrist | $135.56 | $108.57 |
Doctor | $102.25 | $116.17 |
Dentist | $106.04 | $99.13 |
Item | Cooper City | Florida |
---|---|---|
Gasoline | $2.24 | $2.22 |
Tire Balancing | $63.76 | $50.07 |
Item | Cooper City | Florida |
---|---|---|
All Electricity | $162.2 | $167.67 |
Phone | $188.17 | $175.64 |