Cost of Living in Pompano Beach, FL

Broward County · 2026 Data · 13 nearby cities in county

COL Index
108
vs FL Avg
+3
Median Income
$55K

Cost of Living Breakdown

Overall Cost of Living
106vs 100 US avg
Below avg
Near avg
Above avg
High
Housing
US avg = 100108
Groceries
US avg = 100103
Healthcare
US avg = 100100
Transportation
US avg = 100108
Utilities
US avg = 100107

Housing & Income in Pompano Beach

Median Home Price
$485,000
Estimated market price
Median Monthly Rent
$2,200
All unit types
Median Household Income
$55,000
Annual, pre-tax
Est. Monthly Payment
$2,384
20% down, 30yr fixed
Property Tax Rate
0.9%
~$4,365/yr
Price-to-Rent Ratio
18.4x
<15 favors buying

About Living in Pompano Beach

Pompano Beach offers a relaxed coastal lifestyle with excellent beaches, a growing arts scene, and more affordable prices than its neighbors to the south.

With a cost of living index of 108, Pompano Beach is 8% above the US average and 3 points above the Florida average of 105. The median household income of $55,000 supports a home-price-to-income ratio of 8.8x — above the recommended 4–5x threshold.

FAQ

Common questions about cost of living in Pompano Beach

What is the cost of living in Pompano Beach, FL?

Pompano Beach's overall cost of living index is 108 compared to the US average of 100. Housing (108) is the main driver, with groceries at 103, healthcare at 100, transportation at 108, and utilities at 107.

Is Pompano Beach affordable to live in?

Pompano Beach is near the national average with a COL index of 108. It offers a balance of amenities and affordability. Median rent is $2,200/mo.

How does Pompano Beach compare to the Florida average?

Pompano Beach's COL index of 108 is 3 points above the Florida average of 105. Coastal amenities and employment opportunities drive the premium.