Goulds, FL vs Lauderdale Lakes, FL

Goulds, FL and Lauderdale Lakes, FL have a very similar cost of living, with only a 4.7% difference in their overall index. Goulds scores 107 while Lauderdale Lakes scores 102 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 Goulds is $1,104/month compared to $1,518/month in Lauderdale Lakes — a 27% difference. Interestingly, home values tell a different story: while Goulds has cheaper rent, Lauderdale Lakes actually has lower median home values ($203,100 vs $415,100).

Median household income in Goulds is $58,291 compared to $44,333 in Lauderdale Lakes (+31.5%). While Goulds is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Goulds spend roughly 22.7% of their income on rent, less than the 41.1% in Lauderdale Lakes. The Goulds ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, both cities share similar average temperatures (76.2°F vs 76.8°F). Lauderdale Lakes receives more rainfall at 56.5" per year compared to 56.1" in Goulds.