salaryRent here is among the highest 10% in the country. A typical house costs about 6.3 years of household income, so buying is hard for most locals. It is a highly educated city: 61.8% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $117,280 a year. That is $56 an hour at a full-time job.
Is rent cheaper than other Florida cities?
No. Rent here is more expensive than in most of Florida. It is number 454 of 479 cities from cheapest to most expensive.
How much do households earn in Boca Raton?
Share of households by yearly income. 43.0% of households earn $100,000 or more.
Rent by apartment size in Boca Raton
| Size | Boca Raton | U.S. average |
|---|---|---|
| Studio | $2,146 | $1,338 |
| 1 bedroom | $2,264 | $1,324 |
| 2 bedrooms | $2,733 | $1,509 |
| 3 bedrooms | $3,526 | $1,698 |
| 4 bedrooms | $3,500+ | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Boca Raton overall?
Everyday prices in the Miami-Fort Lauderdale-West Palm Beach metro area are 14% above the U.S. average (index 114.2, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Boca Raton
Life in Boca Raton
What jobs pay in Boca Raton
| Job | Median pay | Rent / pay |
|---|---|---|
| Lawyer | $160,320 | 21.9% |
| Pharmacist | $135,210 | 26.0% |
| Software Developer | $132,650 | 26.5% |
| Physician Assistant | $132,360 | 26.6% |
| Nurse Practitioner | $131,340 | 26.8% |
| Operations Manager | $105,640 | 33.3% |
| Computer Systems Analyst | $103,650 | 33.9% |
| Registered Nurse | $91,380 | 38.5% |
| Civil Engineer | $83,750 | 42.0% |
| Dental Hygienist | $82,780 | 42.5% |
| Accountant | $80,920 | 43.5% |
| Police Officer | $79,840 | 44.1% |
| Market Research Analyst | $78,990 | 44.5% |
| Firefighter | $75,710 | 46.5% |
| Licensed Practical Nurse | $62,610 | 56.2% |
| Electrician | $58,630 | 60.0% |
| Elementary School Teacher | $58,300 | 60.3% |
| HVAC Technician | $58,040 | 60.6% |
| Plumber | $57,760 | 60.9% |
| Truck Driver | $51,580 | 68.2% |
| Carpenter | $51,570 | 68.2% |
| Medical Assistant | $44,930 | 78.3% |
| Customer Service Representative | $39,560 | 88.9% |
| Warehouse Worker | $38,580 | 91.2% |
| Nursing Assistant | $38,010 | 92.6% |
| Restaurant Cook | $36,920 | 95.3% |
| Server (Waiter/Waitress) | $36,070 | 97.5% |
| Retail Salesperson | $34,330 | 102.5% |
| Cashier | $30,250 | 116.3% |
Is it cheaper to rent or buy in Boca Raton?
Renting is cheaper right now: about $2,083 a month less.
Owning assumes a typical $722,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $72,270 for the down payment.
Frequently asked questions
What is the average rent in Boca Raton, FL?
Renting in Boca Raton costs a median of about $2,932 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in Boca Raton?
To keep rent under 30% of income, you need about $117,280 a year, or $56 an hour at a full-time job.
Is Boca Raton cheap or expensive?
Boca Raton is rated Expensive: rent takes 30.7% of the typical household income of $114,615. It ranks 454th cheapest of 479 Florida cities we track.
How much are property taxes in Boca Raton?
The median homeowner in Boca Raton pays $6,063 a year in property taxes, about 0.84% of the median home value.
Is Boca Raton more expensive than the national average?
Overall prices in the metro area are 14% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Boca Raton?
The median home value in Boca Raton is $722,700, about 6.3 times the typical yearly household income.
100,234 people live in Boca Raton. Numbers are typical (middle) values.