Cost of Living in Plantation, FL

Broward County · 2026 Data · 13 nearby cities in county

COL Index
113
vs FL Avg
+8
Median Income
$76K

Cost of Living Breakdown

Overall Cost of Living
108vs 100 US avg
Below avg
Near avg
Above avg
High
Housing
US avg = 100113
Groceries
US avg = 100105
Healthcare
US avg = 100101
Transportation
US avg = 100108
Utilities
US avg = 100106

Housing & Income in Plantation

Median Home Price
$510,000
Estimated market price
Median Monthly Rent
$2,300
All unit types
Median Household Income
$76,000
Annual, pre-tax
Est. Monthly Payment
$2,507
20% down, 30yr fixed
Property Tax Rate
0.9%
~$4,590/yr
Price-to-Rent Ratio
18.5x
<15 favors buying

About Living in Plantation

Plantation is an affluent Broward suburb with lush tree-lined streets, top-rated schools, excellent healthcare facilities, and a strong local economy.

With a cost of living index of 113, Plantation is 13% above the US average and 8 points above the Florida average of 105. The median household income of $76,000 supports a home-price-to-income ratio of 6.7x — above the recommended 4–5x threshold.

FAQ

Common questions about cost of living in Plantation

What is the cost of living in Plantation, FL?

Plantation's overall cost of living index is 113 compared to the US average of 100. Housing (113) is the main driver, with groceries at 105, healthcare at 101, transportation at 108, and utilities at 106.

Is Plantation affordable to live in?

Plantation is near the national average with a COL index of 113. It offers a balance of amenities and affordability. Median rent is $2,300/mo.

How does Plantation compare to the Florida average?

Plantation's COL index of 113 is 8 points above the Florida average of 105. Coastal amenities and employment opportunities drive the premium.