Cost of Living in Pembroke Park, FL

With a cost of living index of 94, Pembroke Park, FL is slightly more affordable than average. Living here is 6% cheaper than the national average and 16% below the Florida state average of 110. Pembroke Park is a smaller community of 6,254 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Pembroke Park's cost of living. The median monthly rent is $1,532 (16% above the US median of $1,319), and the median home value sits at $103,700 (66% below the national median of $304,900). At current prices, the median home costs roughly 2x the median household income — well within traditional affordability guidelines.

The median household income in Pembroke Park is $50,710, which is 33% lower than the national median of $75,149. Residents spend roughly 36% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Pembroke Park. The area sees an average annual temperature of 77.3°F, with summers averaging 84°F and winters around 70°F. Annual rainfall totals 62 inches spread over roughly 148 days.

Everyday prices in the Miami-Fort Lauderdale-West Palm Beach, FL (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 5 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.