PBP Real Estate

Last updated September 19, 2026

Cost of Living in South Florida: Monthly Cost to Own by City

Owning the median single-family home costs from about $3,831 a month in Lantana to about $11,318 a month in Lighthouse Point across 14 Palm Beach County and 8 Broward County cities in 2026, before the cash-dominated coastal markets. Same method everywhere: median closed price, 20% down at 6.95%, homestead property tax at the 2025 millage, county-average insurance, the median association fee. Every input is cited and the pages refresh nightly.

See what your home is worth Comparing two of these cities because you are moving between them? Start with the number on the home you already own, or call (561) 395-8418.

Lantana$3,831per month to own the median single-family homeMedian closed $487,500 · condo/townhouse $2,991/mo
$7,487a month between the least and most expensive financed markets
Lighthouse Point$11,318per month to own the median single-family homeMedian closed $1,582,500 · condo/townhouse $1,800/mo

Monthly cost to own the median house, every city

South Florida: monthly cost to own the median single-family home, by cityStacked monthly cost to own: principal and interest, property tax with homestead, county-average insurance and association fee, for each place compared.Principal and interestProperty tax (homestead)InsuranceAssociation feeLantana$2,582$3,831Greenacres$2,409$3,939Lake Worth Beach$2,939$4,389Pompano Beach$2,780$4,457Deerfield Beach$2,764$4,514Boynton Beach$2,800$4,638Royal Palm Beach$3,018$4,709Hollywood$2,913$4,716Westlake$3,283$4,814West Palm Beach$3,045$4,935Coral Springs$3,707$5,331Fort Lauderdale$3,707$5,581Wellington$4,009$6,178Weston$4,898$6,822Delray Beach$4,765$7,045Boca Raton$5,481$7,894Jupiter$5,690$8,171Palm Beach Gardens$5,873$8,414Parkland$6,421$8,728Highland Beach$8,827$9,354 cash basisLighthouse Point$8,380$2,426$11,318Palm Beach$15,557$16,084 cash basis
Monthly cost to own at the median closed price, 2026 year to date. Cities marked cash basis are shown without principal and interest because most purchases there are unfinanced.
CityCountyMedian house (closed, 2026 YTD)Own, houseMedian condo/townhouseOwn, condo2025 millageMedian HOA feeMedian condo fee
Lantana rent vs ownPalm Beach$487,500 (n=60)$3,831$310,000$2,99119.4661too few listings$722
Greenacres rent vs ownPalm Beach$455,000 (n=136)$3,939$212,750$2,03819.1071$345$446
Lake Worth Beach rent vs ownPalm Beach$555,000 (n=945)$4,389$205,000$2,13321.6106too few listings$563
Pompano Beach rent vs ownBroward$525,000 (n=430)$4,457$280,000$2,81620.2573$350$780
Deerfield Beach rent vs ownBroward$522,000 (n=271)$4,514$192,500$2,04320.2694$428$618
Boynton Beach rent vs ownPalm Beach$528,700 (n=1,254)$4,638$268,000$2,71520.008$500$727
Royal Palm Beach rent vs ownPalm Beach$570,000 (n=260)$4,709$262,000$2,39718.1852$362$483
Hollywood rent vs ownBroward$550,000 (n=747)$4,716$310,000$3,22620.8985$408$967
WestlakePalm Beach$620,000 (n=111)$4,814$450,500$3,28820.8652too few listingstoo few listings
West Palm Beach rent vs ownPalm Beach$575,000 (n=1,077)$4,935$247,500$2,44120.4468$455$588
Coral Springs rent vs ownBroward$700,000 (n=617)$5,331$218,750$2,20120.2856too few listings$592
Fort Lauderdale rent vs ownBroward$700,000 (n=1,205)$5,581$450,000$4,33818.4464$350$1,175
WellingtonPalm Beach$757,000 (n=460)$6,178$425,000$3,88118.7352$525$839
Weston rent vs ownBroward$925,000 (n=369)$6,822$395,000$3,42416.2843$211$699
Delray Beach rent vs ownPalm Beach$899,900 (n=813)$7,045$240,000$2,46918.45$433$700
Boca Raton rent vs ownPalm Beach$1,035,000 (n=1,545)$7,894$360,000$3,31517.0029$477$764
JupiterPalm Beach$1,074,500 (n=746)$8,171$500,000$4,50916.9938$490$1,018
Palm Beach Gardens rent vs ownPalm Beach$1,109,000 (n=829)$8,414$415,000$3,66417.8608$425$717
ParklandBroward$1,212,500 (n=398)$8,728$560,000$3,91218.3944too few listingstoo few listings
Highland BeachPalm Beach$6,725,000 (n=12)$9,354 cash basis$975,000$8,32315.8455too few listings$1,733
Lighthouse PointBroward$1,582,500 (n=136)$11,318$163,019$1,80018.8914too few listings$594
Palm BeachPalm Beach$12,594,762 (n=82)$16,084 cash basis$1,686,250$13,28714.869too few listings$2,124

Own, house and Own, condo are the total monthly cost at the median closed price: principal and interest, property tax with both homestead exemptions, county-average insurance and the median association fee for that city. Medians are published only where at least 10 sales closed. Cash basis means the median buyer in that market does not finance, so principal and interest are left out.

Monthly cost to own the median condo or townhouse

The median condo or townhouse costs $1,800 a month to own in Lighthouse Point and $13,287 in Palm Beach, across the 22 financed cities with at least 10 closed condo sales. The association fee is usually the largest line after the mortgage, and what it covers (insurance on the building, reserves, water, cable) differs by building, so compare fee inclusions before comparing totals.

South Florida: monthly cost to own the median condo or townhouse, by cityStacked monthly cost to own: principal and interest, property tax with homestead, county-average insurance and association fee, for each place compared.Principal and interestProperty tax (homestead)InsuranceAssociation feeLighthouse Point$1,800Greenacres$2,038Deerfield Beach$2,043Lake Worth Beach$2,133Coral Springs$2,201Royal Palm Beach$2,397West Palm Beach$2,441Delray Beach$2,469Boynton Beach$2,715Pompano Beach$2,816Lantana$2,991Hollywood$3,226Westlake$2,386$3,288Boca Raton$1,906$3,315Weston$2,092$3,424Palm Beach Gardens$2,198$3,664Wellington$2,251$3,881Parkland$2,966$3,912Fort Lauderdale$2,383$4,338Jupiter$2,648$4,509Highland Beach$5,163$8,323Palm Beach$8,930$2,041$2,124$13,287
Monthly cost to own at the median closed price, 2026 year to date. The association fee is the largest single line in most condo markets; what it includes differs by building.

City-by-city comparisons

Each pair page puts two cities side by side: the full cost stack, property tax on the same price, fees and what they include, rents and income, and the year owning beats renting.

Boca Raton vs Delray Beach$849a month less in Delray Beach on the median housePalm Beach County Boca Raton vs Fort Lauderdale$2,313a month less in Fort Lauderdale on the median housePalm Beach / Broward County Palm Beach vs West Palm Beach$16,084 cash vs $4,935a month to own the median housePalm Beach County Boynton Beach vs Lake Worth Beach$251a month less in Boynton Beach on the median house (HOA fee excluded)Palm Beach County Boynton Beach vs Pompano Beach$181a month less in Pompano Beach on the median housePalm Beach / Broward County Jupiter vs Palm Beach Gardens$243a month less in Jupiter on the median housePalm Beach County Wellington vs Royal Palm Beach$1,469a month less in Royal Palm Beach on the median housePalm Beach County Parkland vs Coral Springs$3,397a month less in Coral Springs on the median houseBroward County Delray Beach vs Deerfield Beach$2,531a month less in Deerfield Beach on the median housePalm Beach / Broward County West Palm Beach vs Fort Lauderdale$646a month less in West Palm Beach on the median housePalm Beach / Broward County Hollywood vs Pompano Beach$259a month less in Pompano Beach on the median houseBroward County Weston vs Parkland$2,117a month less in Weston on the median house (HOA fee excluded)Broward County Boca Raton vs Palm Beach Gardens$520a month less in Boca Raton on the median housePalm Beach County Fort Lauderdale vs Hollywood$865a month less in Hollywood on the median houseBroward County Lake Worth Beach vs Greenacres$795a month less in Greenacres on the median house (HOA fee excluded)Palm Beach County Coral Springs vs Deerfield Beach$1,245a month less in Deerfield Beach on the median house (HOA fee excluded)Broward County Wellington vs Boynton Beach$1,540a month less in Boynton Beach on the median housePalm Beach County Palm Beach County vs Broward CountyThe county view: median municipal millage, county-average insurance and the median of city fee medians.

Need a pair that is not here? Every city above has the same inputs, so any two can be compared on request.

See what your home is worth

Every move between these places starts with one number on the home you already own. Gia Freer prepares a written opinion of value by hand from our own BeachesMLS data, with the comparable sales attached. No automated estimate is published on this site.

See what your home is worth or call (561) 395-8418. Conversations are confidential and there is no cost to having one.

Where the money goes next

See what your home is worth Two cities, every input shown. The one figure this page cannot show you is your own; that takes a conversation: (561) 395-8418.

Sources and method

Closed prices: Based on information from BeachesMLS for August 2026 and for January 1, 2026 through August 31, 2026, retrieved September 19, 2026. Information deemed reliable but not guaranteed. Medians shown only where n ≥ 10; co-ops excluded. Mortgage: Freddie Mac Primary Mortgage Market Survey, 30-year fixed 6.95%, week ending 2026-09-17, 20% down. Millage: Palm Beach County and Broward County Property Appraisers, 2025 final rates, most-parcels code per municipality. Homestead: ss. 196.031 and 193.155, F.S.; purchase price treated as year-1 just value. Insurance: Florida Office of Insurance Regulation, Property Insurance Stability Unit report, July 2026, county averages including wind. Fees: PBP HOA and condo fee indexes from active listings. All figures are estimates for comparison; verify tax with the property appraiser and insurance with a licensed agent. General information, not tax, legal or financial advice. Refreshed nightly.

Free to reuse with attribution and a link to PBP Real Estate. Figures, tables and charts on this page may be quoted, screenshotted or embedded. Keep the source line and link to www.pbprealestate.com/cost-of-living/. Aggregates only: no address, listing number or listing-level record is published here.

For sellers

Pricing a home is a skill. Start with the current competition and recent closed sales.

42.9% of active single-family houses listings in South Florida have a recorded asking price below their original list price.

The data comes from the segment and recorded fields available in PBP Real Estate's BeachesMLS feed, as of the date shown. Gia Freer, Broker of Record, turns comparable sales and current competition into one written pricing opinion for your home, with the reasoning, before it goes live.

No website estimate, no automated number: a comparative market analysis done by hand, within one business day.

42.9%Recorded below original
57.1%Not recorded as below originalMay include unchanged prices, increases and missing-price records; not a never-cut count.
15,103 single-family houses for sale in South Florida. Source: BeachesMLS, as of September 19, 2026. Information is deemed reliable but not guaranteed. Seller Blink Rate™ is the share of active listings with a recorded asking price below the original list price. The denominator is all active listings in the segment. The complement may include unchanged prices, increases and missing-price records; it does not establish a price history.

Request a pricing opinion for your property

Reviewed by Gia Freer, Broker of Record (Lic. BK689801). Reply within one business day. No automated estimate is published on this site.

Written and reviewed by Gia Freer, Broker of Record, PBP Real Estate, LLC · Florida broker license BK689801 · brokerage license CQ1064615. Last reviewed September 19, 2026.