The cost of living index in Parkland, FL, shows a higher cost in several areas compared to the nationwide average, which is set at 100. Housing costs are 25% higher, while groceries and miscellaneous expenses are 10% and 15% higher, respectively. Utilities and healthcare costs are slightly above the average, at 5% and 0% higher, respectively. Transportation costs, however, are 5% lower than the national average.
The cost of living in Parkland, Florida, shows a mixed picture when compared to the nationwide average. Housing costs stand at 125, which is 25% higher than the national average. This means that job seekers considering Parkland will need to budget more for housing. Groceries in Parkland are also above average, with an index of 110, indicating a 10% increase in grocery costs. This rise could affect monthly food expenses for families.
Utilities in Parkland are slightly above the national average, with an index of 105, representing a 5% increase. Transportation costs, however, are more favorable, with an index of 95, which is 5% lower than the national average. This could be a saving grace for those who rely on personal vehicles. Healthcare costs in Parkland match the national average at 100, offering no additional burden in this category. Miscellaneous expenses are also higher, with an index of 115, showing a 15% increase. This includes costs for items like clothing, entertainment, and personal care. Overall, while some areas show higher costs, others present savings, making it essential for job seekers to weigh these factors carefully.
