Hollywood, FL Cost of Living (2024): How Expensive Is It?

Frequently Asked Questions

What salary do you need to live in Hollywood, FL?

Overall, on average, a gross annual salary of $68,921 is required for an average quality of life in Hollywood, FL.

Does Hollywood, FL have a high cost of living?

Hollywood, FL is ranked 265th out of the top 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered as one of expensive cities in which to live in the U.S. Hollywood, FL's average monthly rent is 1% lower than than the U.S. average cost of rent.

Is $75K a good salary in Hollywood, FL?

A gross annual salary of $75,000 in Hollywood, FL will yield an average annual net salary of $66,240. Considering that the total average annual cost of living in Hollywood, FL is $52,761, a gross annual salary of $75,000 will be sufficient to cover average living costs.

How much should I pay for rent in Hollywood, FL?

The average monthly rent in Hollywood, FL in the city center is $1,805 for a 1 bedroom apartment, $2,308 for a 2 bedroom apartment and $3,000 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $1,509 for a 1 bedroom apartment, $1,900 for a 2 bedroom apartment and $2,405 for a 3 bedroom apartment.