Deerfield Beach, FL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Deerfield Beach, FL Summary

Cost of living in Deerfield Beach research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Deerfield Beach is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Florida, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Deerfield Beach is 97, with 100 being the average.

  • The cost of living index in Deerfield Beach is 1.0x lower than the national average.

  • Deerfield Beach ranks as the #203 cheapest in Florida out of 459.

  • Deerfield Beach ranks as the #2,747 cheapest out of 6,412 in the US.

  • The median home value in Deerfield Beach is $204,700.

  • The median income in Deerfield Beach is $49,650.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
97
Deerfield Beach's Overall Cost Of Living
1.0x
Lower Than The National Average

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

According to the most recent data on the cost of living, Deerfield Beach has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.

Compared to Florida, Deerfield Beach has a cost of living index that's 1.0x lower than Florida's index of 101.

The standard of living in Deerfield Beach ranks as #203 most affordable out of the 459 places we measured in Florida. By definition, that implies Deerfield Beach ranks as the #256 most expensive place in the Sunshine State.

For more reading on life in Deerfield Beach, check out:

203 out of 459
In Florida
2,747 out of 6,412
In America

Deerfield Beach Cost Of Living Vs. Florida

Six factors go into calculating the cost of living index in Deerfield Beach. Here is how it fairs on each of the criteria:

  • The Services index in Deerfield Beach is 98.

  • The Groceries index in Deerfield Beach is 118.

  • The Health index in Deerfield Beach is 105.

  • The Housing index in Deerfield Beach is 86.

  • The Transportation index in Deerfield Beach is 111.

  • The Utilities index in Deerfield Beach is 100.

Living Expense Deerfield Beach Florida National Average
Overall 97 101 100
Services 98 98 100
Groceries 118 101 100
Health 105 96 100
Housing 86 108 100
Transportation 111 98 100
Utilities 100 100 100
For more reading on cost of living around Florida, check out:
Deerfield Beach Cost of Living Vs. FL

Deerfield Beach, FL Housing Cost Breakdown

Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Deerfield Beach is $204,700.

  • The Median Rent in Deerfield Beach is $1,411.

  • The Median Income in Deerfield Beach is $49,650.

  • The Home Value To Income in Deerfield Beach is 4.1x.

  • The Rent To Monthly Income in Deerfield Beach is 0.34x.

Statistic Deerfield Beach Florida United States
Median Home Value $204,700 $248,700 $244,900
Median Rent $1,411 $1,301 $1,163
Median Income $49,650 $61,777 $69,021
Home Value To Income 4.1x 4.0x 3.5x
Rent To Monthly Income 0.34x 0.25x 0.2x
Search Homes For Sale In Deerfield Beach, FL
$204,700
Median Home Value
$1,411
Median Rent
$49,650
Median Income

Deerfield Beach, FL Costs By Category

Detailed Deerfield Beach Services Costs Vs. Florida

Item Deerfield Beach Florida
Shampoo $1.07 $1.06
Movie $11.82 $10.68
Bowling $20.88 $14.67
Haircut $14.47 $18.62
Beauty Salon $65.03 $39.05

Detailed Deerfield Beach Groceries Costs Vs. Florida

Item Deerfield Beach Florida
Ground Beef $4.66 $4.22
Fried Chicken $1.62 $1.39
Milk $2.96 $2.05
Potatoes $4.99 $3.29
Pizza $8.99 $10.62
Beer $10.84 $9.38
Toothpaste $2.04 $2.34

Detailed Deerfield Beach Health Costs Vs. Florida

Item Deerfield Beach Florida
Optometrist $135.56 $108.57
Doctor $102.25 $116.17
Dentist $106.04 $99.13

Detailed Deerfield Beach Transportation Costs Vs. Florida

Item Deerfield Beach Florida
Gasoline $2.24 $2.22
Tire Balancing $63.76 $50.07

Detailed Deerfield Beach Utilities Costs Vs. Florida

Item Deerfield Beach Florida
All Electricity $162.2 $167.67
Phone $188.17 $175.64

Deerfield Beach SnackAbility

6
/10
Overall SnackAbility
Jobs
5/10
Housing
8.5
Affordability
4
Diversity
10
Safety
5
Amenities
10
Education
6
Commute
6

Cost Of Living In Cities Around Deerfield Beach

The cost of living varies in the cities and towns around Deerfield Beach. Here's a quick look at the cost of living in the most populous nearby places:

  • Coral Springs, FL has a cost of living index of 121, 1.2x Deerfield Beach.

  • Pompano Beach, FL has a cost of living index of 100, 1.0x Deerfield Beach.

  • Davie, FL has a cost of living index of 111, 1.1x Deerfield Beach.

City Population Cost Of Living Vs. Deerfield Beach
Coral Springs, FL 133,693 121 1.2x
Pompano Beach, FL 111,423 100 1.0x
Davie, FL 104,782 111 1.1x
Boca Raton, FL 95,347 128 1.3x
Margate, FL 58,331 98 1.0x
Coconut Creek, FL 57,553 103 1.1x
North Lauderdale, FL 44,579 96 1.0x
Oakland Park, FL 44,092 104 1.1x
Parkland, FL 33,772 154 1.6x
Wilton Manors, FL 11,525 116 1.2x

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