Cost of Living in Plantation, FL
Population 4,483 · Florida · Data vintage 2023
(100 = US avg)
Plantation skews considerably older than the national median, with an average age of 72. Reported household income of $77,873 often reflects pension and investment income rather than wages, which makes the local tax picture — especially property tax treatment — a larger factor than in working-age cities. An unemployment rate of 1.3% points to a labor market well on the tight side of the national distribution.
Located 35 miles northwest of Cape Coral, Plantation falls within that metro's commuting orbit. Median home values run roughly 13% higher than Cape Coral's $339,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Plantation
The median home value in Plantation is $383,000 — 26% above the national median of $305,000. Median rent runs $1,866/month, 42% higher than the national median of $1,314/month. The median household income of $77,873/year is 4% higher than the US median of $74,580. The local unemployment rate is 1.3%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Plantation has a cost of living index of 132 versus the US average of 100, meaning it is 32% more expensive.
Plantation has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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 Plantation, FL?
Plantation has a cost index of 132 (100 = national average). It is 32% above the national average.
What is average rent in Plantation, FL?
The median gross rent in Plantation is $1,866 per month based on 2023 Census data.
What is the average home price in Plantation?
The median home value in Plantation is $383,000 according to Zillow and Census data.
What is the median income in Plantation?
The median household income in Plantation is $77,873 per year (2023 ACS 5-year estimates).
What is the sales tax in Plantation, FL?
The combined state and local sales tax rate in Plantation is 7.0%. Florida has no state income tax.
Is Plantation, FL affordable?
Plantation is above average in cost of living, with an index of 132 — about 32% higher than the national average.
Plantation at a Glance
- Population
- 4,483
- Median Income
- $77,873
- Home Value
- $383,000
- Median Rent
- $1,866/mo
- Unemployment
- 1.3%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Florida Rankings
Similar Cost Cities
Cities in other states with comparable housing costs