Cost of Living Breakdown
Housing & Income in Hollywood
About Living in Hollywood
Hollywood sits between Miami and Fort Lauderdale with a classic broadwalk, great beaches, and a diverse dining and arts scene.
With a cost of living index of 109, Hollywood is 9% above the US average and 4 points above the Florida average of 105. The median household income of $58,000 supports a home-price-to-income ratio of 7.9x — above the recommended 4–5x threshold.
FAQ
Common questions about cost of living in Hollywood
What is the cost of living in Hollywood, FL?
Hollywood's overall cost of living index is 109 compared to the US average of 100. Housing (109) is the main driver, with groceries at 103, healthcare at 100, transportation at 107, and utilities at 106.
Is Hollywood affordable to live in?
Hollywood is near the national average with a COL index of 109. It offers a balance of amenities and affordability. Median rent is $2,100/mo.
How does Hollywood compare to the Florida average?
Hollywood's COL index of 109 is 4 points above the Florida average of 105. Coastal amenities and employment opportunities drive the premium.