Cost of living (Clay Affordability Index)
CAI 98 —
2% below the national average.
how it's computed
Housing12% below
Goods & services6% above
Utilities25% above
Taxes63% below
Insurance49% above
Commute cost0% below
No natural gas service in this area — most homes heat with electricity or propane.
For business: Florida is
CBII band 2/5
· time to build band 1/5.
See state page for the breakdown.
Doing business here
Economic development contacts, most local first:
city
Lauderdale Lakes Economic Development
The City of Lauderdale Lakes promotes economic development through redevelopment initiatives and support for local businesses, including the Community Redevelopment Agency. It highlights a central location, a large labor force nearby, and ongoing redevelopment investments to transform spaces into hubs for business, housing and community services.
region
South Florida Regional Planning Council
The Council provides economic development information and technical assistance to local governments, private businesses, and neighborhood-based organizations, and serves as the Economic Development Administration’s Economic Development District. It maintains the Comprehensive Economic Development Strategy, operates revolving loan funds to support small businesses, brownfields redevelopment, and affordable housing, and secures and manages state and federal grants for South Florida communities.
state
Enterprise Florida
Florida-based economic development organization page offering business development, export resources, and international trade information, with contact details for a regional business development team.
state
Florida Economic Development Council
Florida Economic Development Council is a Florida-based economic development organization with a board of directors and staff, offering membership, advocacy, events, and professional development for Florida's economic development professionals.
State sales taxYes
State income taxNone
Right-to-work stateYes