Cost of Living in Highland Beach, FL

Population 4,264 · Florida · Data vintage 2023

269
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Highland Beach's housing market reflects its status as a high-earning metro: $825,000 for a typical home, 171% above the US median, paired with household incomes around $142,363 that put it in the upper third of the state.

Highland Beach sits roughly 13 miles north of Pompano Beach — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 156% higher than Pompano Beach's $322,000.

Cost Overview

Housing 271
Rent 266

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

About the Cost of Living in Highland Beach

The median home value in Highland Beach is $825,200 — 171% above the national median of $305,000. Median rent runs $3,501/month, 166% higher than the national median of $1,314/month. The median household income of $142,363/year is 91% higher than the US median of $74,580. The local unemployment rate is 4.9%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Highland Beach has a cost of living index of 269 versus the US average of 100, meaning it is 169% more expensive.

🏠 Housing

Median Home Value
$825,200
171% above avg
Zillow Home Value
$324,165
Zillow ZHVI
Median Rent
$3,501/mo
166% above avg
Zillow Rent
$5,081/mo
Zillow ZORI
Price-to-Rent Ratio
19.6x
Favors buying
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 94.7%
Renter-occupied 5.3%

💰 Estimated Monthly Budget

Rent median rent
$3,501
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $4,115/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
27.9 min
3% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
33.2%

Commute Mode

Drove alone
58.5%
Public transit
3.2%
Walked
4.1%
Work from home
33.2%

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
$142,363
91% above avg
Per Capita Income
$144,478
Unemployment Rate
4.9%
3% above avg
Poverty Rate
2.7%
Labor Force Participation
31.0%

🎓 Education

Bachelor's degree+ 33.4%
Graduate degree 33.7%

👥 Demographics

Median Age 70.1
Male median age 71.6
Female median age 69.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
71.2%
Good air days/yr
122
Max AQI recorded
242
PM2.5 days
123
Ozone days

Frequently Asked Questions

What is the cost of living in Highland Beach, FL?

Highland Beach has a cost index of 269 (100 = national average). It is 169% above the national average.

What is average rent in Highland Beach, FL?

The median gross rent in Highland Beach is $3,501 per month based on 2023 Census data.

What is the average home price in Highland Beach?

The median home value in Highland Beach is $825,200 according to Zillow and Census data.

What is the median income in Highland Beach?

The median household income in Highland Beach is $142,363 per year (2023 ACS 5-year estimates).

What is the sales tax in Highland Beach, FL?

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

Is Highland Beach, FL affordable?

Highland Beach is above average in cost of living, with an index of 269 — about 169% higher than the national average.

Highland Beach at a Glance

Population
4,264
Median Income
$142,363
Home Value
$825,200
Median Rent
$3,501/mo
Unemployment
4.9%
Sales Tax
7.0%
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Explore county-level cost of living data

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