Is Sunrise, FL Expensive to Live In?
Sunrise has a cost of living index of 105 — 5% above the US average of 100 and 0 points below the Florida state average of 105. Sunrise is home to Sawgrass Mills, one of the largest outlet malls in the world, and offers suburban Broward living near Fort Lauderdale.
Florida's zero state income tax adds meaningful take-home purchasing power compared to most US states. A household earning $65,000 in Sunrise pays no state income tax — a significant advantage when evaluating affordability.
Home Prices in Sunrise, Florida
The median home price in Sunrise is $430,000 — $1,100 above the Florida median of $428,900. At today's 6.23% rate, buyers putting 20% down face a monthly principal & interest payment of $2,114. With 10% down, that rises to $2,378/mo.
Cost of Living by Category
Index scores relative to US average (100). Above 100 = more expensive than average.
Should You Rent or Buy in Sunrise?
Sunrise's price-to-rent ratio of 17.9x sits in a neutral range. Whether renting or buying makes more sense depends on how long you plan to stay, your down payment, and local appreciation expectations.
Frequently Asked Questions
What is the cost of living in Sunrise, Florida?
Sunrise's cost of living index is 105 — 5% above the US average of 100. Housing is the primary driver (index: 105), along with groceries (103), healthcare (100), transportation (107), and utilities (105).
What is the median home price in Sunrise, FL?
The median home price in Sunrise is $430,000 as of 2026. At the current 6.23% 30-year mortgage rate, a buyer with 20% down ($86,000) would pay approximately $2,114/month in principal and interest.
What is the average rent in Sunrise?
The median rent in Sunrise, Florida is $2,000 per month. The price-to-rent ratio of 17.9x is in the neutral range for most residents.
Is Sunrise, Florida affordable in 2026?
Sunrise is near average with a COL index of 105. The median household income is $65,000, giving a price-to-income ratio of 6.6x. Florida's zero state income tax effectively increases take-home pay, improving affordability relative to states like New York or California.
How does Sunrise compare to the rest of Florida?
Sunrise's COL index of 105 is 0 points below the Florida average of 105. The median home price ($430,000) is above the Florida median of $428,900.