Florida · Population 133,962 · Updated March 2026
How far your income goes in Coral Springs
State-level tax rates that affect your costs
Coral Springs has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 146 (where 100 equals the national median), Coral Springs residents can expect to pay median rent of $1,951/month while earning a median household income of $90,643/year.
The median home value in Coral Springs, FL is $502,700, with typical monthly owner costs around $1,969 including mortgage, insurance, and taxes. With a rent-to-income ratio of 25.8%, Coral Springs falls within the generally affordable range, though it's approaching the 30% burden threshold.
Florida has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 6.0% sales tax rate and 0.86% effective property tax rate, the overall tax environment helps keep costs manageable in Coral Springs.
Common questions about living costs in Coral Springs
Similar-sized cities to compare
Compare the cost of living in Coral Springs, FL with 299 other major U.S. cities