Cost of Living in Coral Springs, FL

Population 133,962 · Florida · Data vintage 2023

158
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Coral Springs cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $503,000, rents near $1,951 a month.

Cost Overview

Housing 165
Rent 148

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Coral Springs

The median home value in Coral Springs is $502,700 — 65% above the national median of $305,000. Median rent runs $1,951/month, 48% higher than the national median of $1,314/month. The median household income of $90,643/year is 22% higher than the US median of $74,580. The local unemployment rate is 5.5%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 84.3°F and lows of 69.3°F. Overall, Coral Springs has a cost of living index of 158 versus the US average of 100, meaning it is 58% more expensive.

🏠 Housing

Median Home Value
$502,700
65% above avg
Zillow Home Value
$517,562
Zillow ZHVI
Median Rent
$1,951/mo
48% above avg
Zillow Rent
$2,373/mo
Zillow ZORI
Price-to-Rent Ratio
21.5x
Favors renting
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,085
1 BR
$1,181
2 BR
$1,427
3 BR
$1,797
4 BR
$2,099
Owner-occupied 60.0%
Renter-occupied 40.0%

💰 Estimated Monthly Budget

Rent median rent
$1,951
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,565/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
31.6 min
17% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.2%

Commute Mode

Drove alone
75.1%
Carpooled
7.5%
Public transit
0.7%
Walked
1.1%
Bicycle
0.1%
Work from home
13.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 7.0%
State rate 6.0%
Avg local rate 1.1%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$90,643
22% above avg
Per Capita Income
$40,011
Unemployment Rate
5.5%
14% above avg
Poverty Rate
8.3%
Labor Force Participation
70.5%

🎓 Education

Bachelor's degree+ 24.6%
Graduate degree 15.1%

👥 Demographics

Median Age 36.9
Male median age 35.7
Female median age 38.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
84.3°F
Avg Low
69.3°F
Annual Precip
56.5"
50° 63° 75° 88° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 767881848789919189868178
Low °F 596164687276767776736763
Precip" 2.381.953.203.114.896.576.157.518.135.824.002.79

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 52 — Moderate
43.3%
Good air days/yr
109
Max AQI recorded
288
PM2.5 days
72
Ozone days

Frequently Asked Questions

What is the cost of living in Coral Springs, FL?

Coral Springs has a cost index of 158 (100 = national average). It is 58% above the national average.

What is average rent in Coral Springs, FL?

The median gross rent in Coral Springs is $1,951 per month based on 2023 Census data.

What is the average home price in Coral Springs?

The median home value in Coral Springs is $502,700 according to Zillow and Census data.

What is the median income in Coral Springs?

The median household income in Coral Springs is $90,643 per year (2023 ACS 5-year estimates).

What is the sales tax in Coral Springs, FL?

The combined state and local sales tax rate in Coral Springs is 7.0%. Florida has no state income tax.

Is Coral Springs, FL affordable?

Coral Springs is above average in cost of living, with an index of 158 — about 58% higher than the national average.

What is the weather like in Coral Springs?

Coral Springs has average high temperatures of 84.3°F and average lows of 69.3°F. Annual precipitation is 56.5". Data from NOAA 1991–2020 Climate Normals.

Coral Springs at a Glance

Population
133,962
Median Income
$90,643
Home Value
$502,700
Median Rent
$1,951/mo
Unemployment
5.5%
Avg High Temp
84.3°F
Sales Tax
7.0%
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