Cost of Living in Lauderhill, FL
Housing
The housing market plays a significant role in determining the cost of living in Lauderhill, FL.
- Housing Index: 110.9 / 100
- Median Home Price is: $320,000
- Average Rent (2 BR Apartment): $1766 per month
- Average Rent (2 BR House): $1920 per month
When considering a move to Lauderhill, FL, the housing index indicates an intriguing opportunity with a current median home price of 320000. However, the absence of specific rental data for 2-bedroom apartments and houses, both averaging at 1766 and 1920, requires careful analysis. Comparing these figures with local demand and general market trends can provide a clearer picture of living expenses. Remember, median home prices vary significantly by neighborhood, so local insights are crucial in decision-making.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lauderhill, FL.
- Electricity Price: $13.89 USD (median by state)
- Natural Gas Price: $26.13 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $243 per month
Living in Lauderhill, FL could entail higher utility costs. Electricity costs sit at $13.89, while natural gas is priced at $26.13 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $243 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Lauderhill is a financially viable option for your relocation.