Cost of Living in Roosevelt Gardens, FL

With a cost of living index of 97, Roosevelt Gardens, FL is slightly more affordable than average. Living here is 3% cheaper than the national average and 13% below the Florida state average of 110. Roosevelt Gardens is a small community of 2,566 residents.

Housing costs are the biggest factor in Roosevelt Gardens's cost of living. The median monthly rent is $1,229 (7% below the US median of $1,319), and the median home value sits at $252,800 (17% below the national median of $304,900). At current prices, the median home costs roughly 5.2x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Roosevelt Gardens is $48,992, which is 35% lower than the national median of $75,149. Residents spend roughly 30% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability.

Climate is another factor for anyone considering a move to Roosevelt Gardens. The area sees an average annual temperature of 76.8°F, with summers averaging 83°F and winters around 69°F. Annual rainfall totals 56.5 inches spread over roughly 129 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.