Cost of living in Deerfield Beach 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 Deerfield Beach 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 Deerfield Beach is 97, with 100 being the average.
The cost of living index in Deerfield Beach is 1.0x lower than the national average.
Deerfield Beach ranks as the #203 cheapest in Florida out of 459.
Deerfield Beach ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Deerfield Beach is $204,700.
The median income in Deerfield Beach is $49,650.
According to the most recent data on the cost of living, Deerfield Beach has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Florida, Deerfield Beach has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Deerfield Beach ranks as #203 most affordable out of the 459 places we measured in Florida. By definition, that implies Deerfield Beach ranks as the #256 most expensive place in the Sunshine State.
For more reading on life in Deerfield Beach, check out:
Six factors go into calculating the cost of living index in Deerfield Beach. Here is how it fairs on each of the criteria:
The Services index in Deerfield Beach is 98.
The Groceries index in Deerfield Beach is 118.
The Health index in Deerfield Beach is 105.
The Housing index in Deerfield Beach is 86.
The Transportation index in Deerfield Beach is 111.
The Utilities index in Deerfield Beach is 100.
Living Expense | Deerfield Beach | Florida | National Average | |
---|---|---|---|---|
Overall | 97 | 101 | 100 | |
Services | 98 | 98 | 100 | |
Groceries | 118 | 101 | 100 | |
Health | 105 | 96 | 100 | |
Housing | 86 | 108 | 100 | |
Transportation | 111 | 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 Deerfield Beach is $204,700.
The Median Rent in Deerfield Beach is $1,411.
The Median Income in Deerfield Beach is $49,650.
The Home Value To Income in Deerfield Beach is 4.1x.
The Rent To Monthly Income in Deerfield Beach is 0.34x.
Statistic | Deerfield Beach | Florida | United States |
---|---|---|---|
Median Home Value | $204,700 | $248,700 | $244,900 |
Median Rent | $1,411 | $1,301 | $1,163 |
Median Income | $49,650 | $61,777 | $69,021 |
Home Value To Income | 4.1x | 4.0x | 3.5x |
Rent To Monthly Income | 0.34x | 0.25x | 0.2x |
Item | Deerfield Beach | 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 | Deerfield Beach | 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 | Deerfield Beach | Florida |
---|---|---|
Optometrist | $135.56 | $108.57 |
Doctor | $102.25 | $116.17 |
Dentist | $106.04 | $99.13 |
Item | Deerfield Beach | Florida |
---|---|---|
Gasoline | $2.24 | $2.22 |
Tire Balancing | $63.76 | $50.07 |
Item | Deerfield Beach | Florida |
---|---|---|
All Electricity | $162.2 | $167.67 |
Phone | $188.17 | $175.64 |
The cost of living varies in the cities and towns around Deerfield Beach. Here's a quick look at the cost of living in the most populous nearby places:
Coral Springs, FL has a cost of living index of 121, 1.2x Deerfield Beach.
Pompano Beach, FL has a cost of living index of 100, 1.0x Deerfield Beach.
Davie, FL has a cost of living index of 111, 1.1x Deerfield Beach.
City | Population | Cost Of Living | Vs. Deerfield Beach |
---|---|---|---|
Coral Springs, FL | 133,693 | 121 | 1.2x |
Pompano Beach, FL | 111,423 | 100 | 1.0x |
Davie, FL | 104,782 | 111 | 1.1x |
Boca Raton, FL | 95,347 | 128 | 1.3x |
Margate, FL | 58,331 | 98 | 1.0x |
Coconut Creek, FL | 57,553 | 103 | 1.1x |
North Lauderdale, FL | 44,579 | 96 | 1.0x |
Oakland Park, FL | 44,092 | 104 | 1.1x |
Parkland, FL | 33,772 | 154 | 1.6x |
Wilton Manors, FL | 11,525 | 116 | 1.2x |