Cost of Living in Lighthouse Point, FL

Population 10,463 · Florida · Data vintage 2023

185
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Lighthouse Point's housing market reflects its status as a high-earning metro: $667,000 for a typical home, 119% above the US median, paired with household incomes around $92,268 that put it in the upper third of the state. The labor market has been unusually tight, with unemployment around 2.6% — below most comparable cities in the state.

Geographically, Lighthouse Point is part of the immediate Pompano Beach metro area. Median home values run roughly 107% higher than Pompano Beach's $322,000.

Cost Overview

Housing 219
Rent 135

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

About the Cost of Living in Lighthouse Point

The median home value in Lighthouse Point is $667,000 — 119% above the national median of $305,000. Median rent runs $1,776/month, 35% higher than the national median of $1,314/month. The median household income of $92,268/year is 24% higher than the US median of $74,580. The local unemployment rate is 2.6%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Lighthouse Point has a cost of living index of 185 versus the US average of 100, meaning it is 85% more expensive.

🏠 Housing

Median Home Value
$667,000
119% above avg
Zillow Home Value
$757,164
Zillow ZHVI
Median Rent
$1,776/mo
35% above avg
Zillow Rent
$2,663/mo
Zillow ZORI
Price-to-Rent Ratio
31.3x
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 79.5%
Renter-occupied 20.5%

💰 Estimated Monthly Budget

Rent median rent
$1,776
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,390/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
32.2 min
19% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.4%

Commute Mode

Drove alone
78.2%
Carpooled
4.2%
Public transit
0.8%
Walked
2.4%
Bicycle
0.9%
Work from home
12.4%

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
$92,268
24% above avg
Per Capita Income
$87,054
Unemployment Rate
2.6%
45% below avg
Poverty Rate
6.2%
Labor Force Participation
58.8%

🎓 Education

Bachelor's degree+ 34.1%
Graduate degree 18.1%

👥 Demographics

Median Age 56.1
Male median age 57.3
Female median age 54.3

💨 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 Lighthouse Point, FL?

Lighthouse Point has a cost index of 185 (100 = national average). It is 85% above the national average.

What is average rent in Lighthouse Point, FL?

The median gross rent in Lighthouse Point is $1,776 per month based on 2023 Census data.

What is the average home price in Lighthouse Point?

The median home value in Lighthouse Point is $667,000 according to Zillow and Census data.

What is the median income in Lighthouse Point?

The median household income in Lighthouse Point is $92,268 per year (2023 ACS 5-year estimates).

What is the sales tax in Lighthouse Point, FL?

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

Is Lighthouse Point, FL affordable?

Lighthouse Point is above average in cost of living, with an index of 185 — about 85% higher than the national average.