Lauderdale Lakes, Florida, has a higher cost of living compared to the nationwide average. The overall cost of living index in Lauderdale Lakes stands at 103, which is 3% higher than the national average of 100. Housing costs are notably higher, with an index of 112, indicating a 12% increase over the national average. This suggests that job seekers should consider these higher living expenses when planning their relocation.
Lauderdale Lakes, Florida, has a cost of living index that varies across different categories when compared to the nationwide average, which is set at 100. Housing costs in Lauderdale Lakes are notably higher, with an index of 112. This means that housing expenses are 12% above the national average. For job seekers considering this area, it is important to budget for higher housing costs, as this is the most significant expense difference.
Other categories also show variations. For instance, utilities are 5% higher than the national average, with an index of 105. Transportation costs are 8% above average, at 108. Healthcare, however, is 10% below the national average, with an index of 90, which could be a saving point for some. Groceries and miscellaneous costs are relatively close to the average, with indices of 95 and 102, respectively. These figures provide a clear picture of where Lauderdale Lakes stands in terms of cost of living, helping potential residents make informed decisions.
