Cost of living in Weston 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 Weston 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 Weston is 137, with 100 being the average.
The cost of living index in Weston is 1.4x higher than the national average.
Weston ranks as the #441 cheapest in Florida out of 459.
Weston ranks as the #5,488 cheapest out of 6,412 in the US.
The median home value in Weston is $528,800.
The median income in Weston is $122,929.
According to the most recent data on the cost of living, Weston has an overall cost of living index of 137, which is 1.4x higher than the national index of 100.
Compared to Florida, Weston has a cost of living index that's 1.4x higher than Florida's index of 101.
The standard of living in Weston ranks as #441 most affordable out of the 459 places we measured in Florida. By definition, that implies Weston ranks as the #18 most expensive place in the Sunshine State.
For more reading on life in Weston, check out:
Six factors go into calculating the cost of living index in Weston. Here is how it fairs on each of the criteria:
The Services index in Weston is 98.
The Groceries index in Weston is 116.
The Health index in Weston is 103.
The Housing index in Weston is 219.
The Transportation index in Weston is 112.
The Utilities index in Weston is 100.
Living Expense | Weston | Florida | National Average | |
---|---|---|---|---|
Overall | 137 | 101 | 100 | |
Services | 98 | 98 | 100 | |
Groceries | 116 | 101 | 100 | |
Health | 103 | 96 | 100 | |
Housing | 219 | 108 | 100 | |
Transportation | 112 | 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 Weston is $528,800.
The Median Rent in Weston is $2,352.
The Median Income in Weston is $122,929.
The Home Value To Income in Weston is 4.3x.
The Rent To Monthly Income in Weston is 0.23x.
Statistic | Weston | Florida | United States |
---|---|---|---|
Median Home Value | $528,800 | $248,700 | $244,900 |
Median Rent | $2,352 | $1,301 | $1,163 |
Median Income | $122,929 | $61,777 | $69,021 |
Home Value To Income | 4.3x | 4.0x | 3.5x |
Rent To Monthly Income | 0.23x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Weston. 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, 0.8x Weston.
Miramar, FL has a cost of living index of 114, 0.8x Weston.
Coral Springs, FL has a cost of living index of 121, 0.9x Weston.
City | Population | Cost Of Living | Vs. Weston |
---|---|---|---|
Pembroke Pines, FL | 170,346 | 113 | 0.8x |
Miramar, FL | 134,306 | 114 | 0.8x |
Coral Springs, FL | 133,693 | 121 | 0.9x |
Davie, FL | 104,782 | 111 | 0.8x |
Sunrise, FL | 96,220 | 102 | 0.7x |
Lauderhill, FL | 73,935 | 96 | 0.7x |
Tamarac, FL | 71,140 | 100 | 0.7x |
Coconut Creek, FL | 57,553 | 103 | 0.8x |
North Lauderdale, FL | 44,579 | 96 | 0.7x |
Oakland Park, FL | 44,092 | 104 | 0.8x |