Cost of Living in Boca Raton, FL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

187.2

100 = national avg

+87.2 vs national average

Living Wage (1 Adult)

$82,386

per year

Living Wage (Family of 4)

$194,730

per year

Cost Index by Category

Housing
286.5
Food
128.5
Transportation
109.3
Healthcare
122.8
Utilities
154.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,901

per month

2 Bedroom

$2,254

per month

The overall cost of living index in Boca Raton is 187.2, which is 87.2% above the national average. Housing costs are above the national average at an index of 286.5. A single adult needs to earn approximately $82,386 per year to cover basic expenses.