Cost of living in Tamarac 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 Tamarac 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 Tamarac is 100, with 100 being the average.
The cost of living index in Tamarac is 1.0x lower than the national average.
Tamarac ranks as the #250 cheapest in Florida out of 459.
Tamarac ranks as the #3,149 cheapest out of 6,412 in the US.
The median home value in Tamarac is $197,300.
The median income in Tamarac is $54,114.
According to the most recent data on the cost of living, Tamarac has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to Florida, Tamarac has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Tamarac ranks as #250 most affordable out of the 459 places we measured in Florida. By definition, that implies Tamarac ranks as the #209 most expensive place in the Sunshine State.
For more reading on life in Tamarac, check out:
Six factors go into calculating the cost of living index in Tamarac. Here is how it fairs on each of the criteria:
The Services index in Tamarac is 98.
The Groceries index in Tamarac is 118.
The Health index in Tamarac is 105.
The Housing index in Tamarac is 86.
The Transportation index in Tamarac is 110.
The Utilities index in Tamarac is 98.
Living Expense | Tamarac | Florida | National Average | |
---|---|---|---|---|
Overall | 100 | 101 | 100 | |
Services | 98 | 98 | 100 | |
Groceries | 118 | 101 | 100 | |
Health | 105 | 96 | 100 | |
Housing | 86 | 108 | 100 | |
Transportation | 110 | 98 | 100 | |
Utilities | 98 | 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 Tamarac is $197,300.
The Median Rent in Tamarac is $1,562.
The Median Income in Tamarac is $54,114.
The Home Value To Income in Tamarac is 3.6x.
The Rent To Monthly Income in Tamarac is 0.35x.
Statistic | Tamarac | Florida | United States |
---|---|---|---|
Median Home Value | $197,300 | $248,700 | $244,900 |
Median Rent | $1,562 | $1,301 | $1,163 |
Median Income | $54,114 | $61,777 | $69,021 |
Home Value To Income | 3.6x | 4.0x | 3.5x |
Rent To Monthly Income | 0.35x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Tamarac. Here's a quick look at the cost of living in the most populous nearby places:
Pembroke Pines, FL has a cost of living index of 113, 1.1x Tamarac.
Coral Springs, FL has a cost of living index of 121, 1.2x Tamarac.
Davie, FL has a cost of living index of 111, 1.1x Tamarac.
City | Population | Cost Of Living | Vs. Tamarac |
---|---|---|---|
Pembroke Pines, FL | 170,346 | 113 | 1.1x |
Coral Springs, FL | 133,693 | 121 | 1.2x |
Davie, FL | 104,782 | 111 | 1.1x |
Sunrise, FL | 96,220 | 102 | 1.0x |
Boca Raton, FL | 95,347 | 128 | 1.3x |
Lauderhill, FL | 73,935 | 96 | 1.0x |
Weston, FL | 68,148 | 137 | 1.4x |
Margate, FL | 58,331 | 98 | 1.0x |
Coconut Creek, FL | 57,553 | 103 | 1.0x |
North Lauderdale, FL | 44,579 | 96 | 1.0x |