Hollywood, FL Relocation Guide (2026)
Cost of living, housing, and income data for Hollywood, sourced from the US Census Bureau.
Salary needed to live in Hollywood →
Source: US Census Bureau ACS 5-Year (2022). Last updated July 2026.
Roughly 152,764 people call Hollywood, Florida home. Household income runs $61,958 at the median, below what we see across the broader set of cities (-14%).
Housing costs are a defining factor for anyone relocating to Hollywood. The median home value sits at $345,300 (roughly in line with the multi-city median at +6%), while renters pay a median of $1,463 per month. Buyers should weigh current mortgage rates and local property taxes against these figures before committing.
Hollywood's home-price-to-income ratio of about 5.6× signals a meaningfully stretched housing market relative to local incomes. The market around Hollywood shows little movement, with prices up a mere 0.45% compared with a year ago. FEMA classifies Hollywood's hazard risk as Relatively High. That elevated rating is a major driver of home insurance premiums in the area.
Personal Affordability Check
Renting at $1,463/mo in Hollywood would take 28.3% of your income.
$86/mo under the 30% guideline.
Buying the median home ($345,300) would take 35.7% of your income toward principal & interest.
$398/mo over the 28% guideline.
Cost of housing in Hollywood
Median home value is $345,300 and median gross rent is $1,463/month. For buyers, monthly costs depend heavily on current mortgage rates — worth checking before you commit.
FHFA's county-level home price index for Broward rose 0.45% over the past year (as of 2025).
HUD's FY 2026 Fair Market Rent for a 2-bedroom unit in the surrounding county is $2,333/month.
Climate & home insurance
FEMA rates Hollywood's overall natural-hazard risk as Relatively High. Risk level is a major driver of home insurance premiums.
Moving to Hollywood
Planning a move to Hollywood? Compare licensed movers and get quotes based on your origin and move date.
Frequently asked questions
- What is the cost of living in Hollywood, FL?
- For a quick read on Hollywood: homes carry a median value of $345,300, rent runs a median $1,463 monthly, and household income is a median $61,958, all from the US Census Bureau ACS 5-Year (2022).
- How much do you need to earn to live comfortably in Hollywood?
- Comfortably affording rent in Hollywood — where the median runs $1,463/month — typically means earning about $58,520 a year, per the standard 30%-of-income benchmark. See the full salary breakdown (renting and buying) for Hollywood.
- Is it better to rent or buy in Hollywood?
- Hollywood's median rent of $1,463/month translates to about $58,520 a year needed to rent comfortably, versus roughly $79,003 a year for principal and interest on the $345,300 median home (20% down, 30-year fixed, today's rates). How long you'll stay is usually the deciding factor.
See the full salary breakdown for Hollywood →
Cities with a similar cost of living
Matched on median rent and household income within 15% of Hollywood's.