Fort Lauderdale, FL vs Miramar, FL

Fort Lauderdale, FL and Miramar, FL have a very similar cost of living, with only a 1.9% difference in their overall index. Fort Lauderdale scores 130 while Miramar scores 133 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 Fort Lauderdale is $1,776/month compared to $1,954/month in Miramar — a 9% difference. Interestingly, home values tell a different story: while Fort Lauderdale has cheaper rent, Miramar actually has lower median home values ($420,300 vs $455,600).

Median household income in Fort Lauderdale is $79,935 compared to $86,109 in Miramar (-7.2%). While Miramar is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fort Lauderdale spend roughly 26.7% of their income on rent, less than the 27.2% in Miramar.