Davie, FL vs Fort Lauderdale, FL
Davie, FL and Fort Lauderdale, FL have a very similar cost of living, with only a 3.1% difference in their overall index. Davie scores 134 while Fort Lauderdale scores 130 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Davie is $1,967/month compared to $1,776/month in Fort Lauderdale — a 11% difference. Interestingly, home values tell a different story: while Fort Lauderdale has cheaper rent, Davie actually has lower median home values ($433,600 vs $455,600).
Median household income in Davie is $87,171 compared to $79,935 in Fort Lauderdale (+9.1%). While Davie is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Davie spend roughly 27.1% of their income on rent, more than the 26.7% in Fort Lauderdale.
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