Cost of Living in Parkland, FL
Population 35,799 · Florida · Data vintage 2023
(100 = US avg)
Parkland's housing market reflects its status as a high-earning metro: $896,000 for a typical home, 194% above the US median, paired with household incomes around $200,156 that put it in the upper third of the state.
Geographically, Parkland is part of the immediate Coral Springs metro area. Median home values run roughly 78% higher than Coral Springs' $503,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Parkland
The median home value in Parkland is $896,300 — 194% above the national median of $305,000. Median rent runs $3,306/month, 152% higher than the national median of $1,314/month. The median household income of $200,156/year is 168% higher than the US median of $74,580. The local unemployment rate is 3.7%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Parkland has a cost of living index of 277 versus the US average of 100, meaning it is 177% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Parkland, FL?
Parkland has a cost index of 277 (100 = national average). It is 177% above the national average.
What is average rent in Parkland, FL?
The median gross rent in Parkland is $3,306 per month based on 2023 Census data.
What is the average home price in Parkland?
The median home value in Parkland is $896,300 according to Zillow and Census data.
What is the median income in Parkland?
The median household income in Parkland is $200,156 per year (2023 ACS 5-year estimates).
What is the sales tax in Parkland, FL?
The combined state and local sales tax rate in Parkland is 7.0%. Florida has no state income tax.
Is Parkland, FL affordable?
Parkland is above average in cost of living, with an index of 277 — about 177% higher than the national average.
Parkland at a Glance
- Population
- 35,799
- Median Income
- $200,156
- Home Value
- $896,300
- Median Rent
- $3,306/mo
- Unemployment
- 3.7%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Florida Rankings
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