Cost of living in Boca Raton: rent, homes and salary
Cost of living in Boca Raton sits 14.2% above the US average. Housing alone reaches 155.6, and for 2024 the BEA regional price parity (RPP) of the Miami, FL metro area stands at 114.2, with the US at 100.
- Level of prices
- 114.2US = 100, BEA 2024
- Level of housing prices
- 155.6 for rents, US = 100.
Cost of living index for Boca Raton
The US average is set at 100. A regional price parity compares the cost of a given set of goods and services in one place against that average. Boca Raton is part of the Miami-Fort Lauderdale-West Palm Beach, FL metro region, which BEA prices as one. Housing (rents) sits furthest from the US average: 155.6, or 55.6% above the US.
| Price level, US = 100 | Miami, FL metro | Florida | Metro against the US |
|---|---|---|---|
| All items | 114.2 | 103.4 | +14.2% |
| Goods | 103.6 | 98.1 | +3.6% |
| Housing (rents) | 155.6 | 122.1 | +55.6% |
| Utilities | 97.2 | 90.1 | −2.8% |
| Other services | 109.1 | 101.3 | +9.1% |
The 2024 regional price parities for metro areas and states come from the Bureau of Economic Analysis (BEA) in the U.S. BEA regional price parities
Rents in Boca Raton
Asking rents in Boca Raton typically run $2,967 a month, according to the Zillow Observed Rent Index (ZORI), which tracks rent on homes listed now and is up +3.3% on a year. The US figure is $1,932. Census median gross rent is $2,690, and it counts every renting household, not only new leases. One year of asking rent equals 29% of median household income.
| Rent | Boca Raton | United States |
|---|---|---|
| Typical asking rent, Zillow ZORI | $2,967 | $1,932 |
| Asking rent, 12-month change | +3.3% | |
| Median gross rent, Census ACS 2024 | $2,690 | $1,487 |
| Asking rent per year, share of median income | 29% | 28% |
Sources: Zillow Observed Rent Index; one-year estimates from the Census Bureau American Community Survey 2024.
What homes cost in Boca Raton
In September 2026, Zillow Home Value Index (ZHVI) put a typical Boca Raton home at $580,267, a measure of the value of a typical home taken from the middle of the market range. The yearly change is +4.9%, while the US figure is $366,157. The price equals 4.8 years of median household income, versus 4.5 in the US.
| Home prices | Boca Raton | United States |
|---|---|---|
| Typical home value, September 2026 | $580,267 | $366,157 |
| 12-month change | +4.9% | +1.2% |
| 10-year change | +88.7% | +77.4% |
| Price to income (years of median income) | 4.8 | 4.5 |
| Price to rent (years of asking rent) | 16.3 | 15.8 |
Days on market and the forecast, plus a price chart since 2000: Boca Raton housing market.
Salary you need to live in Boca Raton
In Boca Raton, the salary that buys what your pay buys now comes from two questions: where you live, plus what you earn.
- Moving from
- Salary
The method, plus every city side by side: city cost of living comparison.
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Cost of living in Boca Raton vs other cities
| City | Level of prices | Housing | The typical rent | Typical value of a home |
|---|---|---|---|---|
| Boca Raton | 114.2 | 155.6 | $2,967 | $580,267 |
| Jacksonville | 99.5 | 109.8 | $1,589 | $284,832 |
| Miami | 114.2 | 155.6 | $2,965 | $583,705 |
| Tampa | 100.9 | 125.8 | $1,930 | $375,619 |
| Orlando | 101.4 | 123.4 | $1,889 | $372,775 |
| St. Petersburg | 100.9 | 125.8 | $2,039 | $351,862 |
| Fort Lauderdale | 114.2 | 155.6 | $2,697 | $509,743 |
| West Palm Beach | 114.2 | 155.6 | $2,365 | $404,711 |
| Fort Myers | 102.3 | 125.1 | $1,719 | $304,566 |
Price levels: 2024 regional price parities from BEA, US = 100. Rent figures: Zillow ZORI. Home values: Zillow ZHVI, September 2026.
Every city ranked: city-by-city cost of living. Every state: state cost of living.