Cost of Living in Westlake, FL

With a cost of living index of 131, Westlake, FL is a notably expensive place to live. Living here is 31% more expensive than the national average and 21% above the Florida state average of 110. Westlake is a small community of 2,876 residents.

The median household income in Westlake is $140,000, which is 86% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.

Climate is another factor for anyone considering a move to Westlake. The area sees an average annual temperature of 75.8°F, with summers averaging 83°F and winters around 68°F. Annual rainfall totals 61.7 inches spread over roughly 137 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.