Cost of Living in Fort Lauderdale, Florida
In Fort Lauderdale, the median household income is $83,130 and the median gross rent is $1,854/mo, with a median home value of $486,700. Source: Census Bureau ACS, 2020-2024 estimates.
- Median household income
- $83,130
- Median gross rent
- $1,854/mo
- Median home value
- $486,700
- Population
- 185,604
How Fort Lauderdale compares to the Florida average
| Measure | Fort Lauderdale, FL | Florida statewide | Difference |
|---|---|---|---|
| Median household income | $83,130 | $74,568 | +11.5% |
| Median gross rent (monthly) | $1,854 | $1,669 | +11.1% |
| Median home value | $486,700 | $359,000 | +35.6% |
Statewide, Florida prices average 103.4 on the BEA Regional Price Parity index (2024), where the U.S. average is 100.
Housing affordability in Fort Lauderdale
- Salary needed for median rent
- $74,160
- Rent burden at median income
- 26.8%
- Est. affordable home price
- $303,253
So that $1,854/mo is 30% of gross income
Share of the median household income spent on median rent (30%+ = cost-burdened)
At median income, 6.67% 30-yr rate (FRED, 2026-08), 20% down, 28% front-end DTI
The median home value in Fort Lauderdale is $486,700 — +60.5% above what the median household income supports under these assumptions.
Estimates from documented formulas — see methodology. Not financial advice.
Cost of living in other Florida cities
About this data
- American Community Survey 5-Year Estimates — data period 2020-2024, retrieved August 13, 2026.
- Regional Price Parities — data period 2024, retrieved August 13, 2026.
- Federal Reserve Economic Data — data period 2026-08, retrieved August 13, 2026.
Figures are shown exactly as published by the source or derived by the documented formulas on our methodology page. Where a source suppresses an estimate, we show “—” rather than a substitute value.