Cost of Living in Southwest Ranches, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
256.4
100 = national avg
+156.4 vs national average
Living Wage (1 Adult)
$112,819
per year
Living Wage (Family of 4)
$266,662
per year
Cost Index by Category
Housing353.6
Food170.3
Transportation240.6
Healthcare156.2
Utilities192.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,900
per month
2 Bedroom
$2,333
per month
The overall cost of living index in Southwest Ranches is 256.4, which is 156.4% above the national average. Housing costs are above the national average at an index of 353.6. A single adult needs to earn approximately $112,819 per year to cover basic expenses.