Lauderdale Lakes, FL, presents a cost of living that exceeds the nationwide average by notable margins in several categories. Housing stands out with a cost of living index of 120, indicating that expenses in this area are 20% higher than the national benchmark. Groceries follow closely with a 5% increase, while transportation costs are 10% higher than the average. These figures suggest that residents may need to plan their budgets carefully to manage these elevated expenses effectively.
Lauderdale Lakes, FL, presents a unique cost of living landscape compared to the nationwide average, which is standardized at 100. Job seekers will find that the housing index in Lauderdale Lakes stands at 120. This indicates that housing costs in this area are 20% higher than the national average, making it an essential factor to consider for those planning to relocate.
Beyond housing, other living expenses in Lauderdale Lakes also show variations. For instance, grocery costs are 5% higher than the national average, with an index of 105. Utilities, however, are slightly lower, with an index of 95, meaning residents pay 5% less for utilities. Transportation costs are 10% above the national average, at 110, and healthcare costs are close to the average, with a minor increase of 2%. Miscellaneous costs, including entertainment and personal care, are 2% above the national average, with an index of 102. Understanding these figures can help job seekers make informed decisions about living in Lauderdale Lakes, FL.
