Davie, FL vs Lakewood Ranch, FL

Davie is moderately more affordable than Lakewood Ranch, with a 13.2% lower cost of living index. Davie scores 134 compared to 155 for Lakewood Ranch, where the US average is 100. This difference means residents of Lakewood Ranch can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Davie is $1,967/month compared to $2,213/month in Lakewood Ranch — a 11% difference. Home values follow the same pattern: Davie is more affordable at $433,600 median vs $626,500.

Median household income in Davie is $87,171 compared to $123,471 in Lakewood Ranch (-29.4%). While Lakewood Ranch 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 21.5% in Lakewood Ranch.