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Cost of Living in Wellington, FL

Population 62,146 · Census ACS 2020–2024 5-year estimates

Median rent$2,562
Median home value$599,400
Median household income$115,632

The median rent in Wellington, FL is $2,562/month, 54% higher than the Florida median and 81% higher than the U.S. median. The median home value is $599,400, 80% higher than the national median. Households earn a median of $115,632 a year, 55% higher than the state median.

Affordability

Rent as a share of median income: 26.6%
Income needed for median rent (30% rule): $102,480/yr
Home price-to-income ratio: 5.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $3,031/mo

Run your own numbers: mortgage calculator · hourly to salary

Wellington vs. Florida vs. U.S.

WellingtonFloridaU.S.
Median rent$2,562$1,669$1,413
Median home value$599,400$359,000$332,700
Median household income$115,632$74,568$80,734
Homeownership rate75.8%67.6%65.2%
Bachelor's degree or higher49.7%34.1%35.7%
Poverty rate7.8%12.6%12.5%
Unemployment rate4.7%4.8%5.2%
Work from home20.2%15.7%15.1%
Median age42.342.638.9

FAQ

What is the average rent in Wellington, FL?

The median gross rent in Wellington, FL is $2,562 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Wellington, FL?

Using the common 30% rule, renting a median-priced home takes about $102,480 a year in gross income.

Is Wellington, FL expensive to live in?

Rent there is 81% higher than the U.S. median, and the median home costs about 5.2 times the median household income.

Other cities in Florida

Jacksonville, FLRent $1,465 · Income $69,872Miami, FLRent $1,758 · Income $62,462Tampa, FLRent $1,701 · Income $75,475Orlando, FLRent $1,747 · Income $72,336St. Petersburg, FLRent $1,663 · Income $75,192Port St. Lucie, FLRent $1,937 · Income $80,648

Cities with a similar cost of living

Novato, CARent $2,506 · Income $115,736Fountain Valley, CARent $2,631 · Income $115,237Summerlin South, NVRent $2,509 · Income $117,035Santa Cruz, CARent $2,452 · Income $115,475Rancho San Diego, CARent $2,618 · Income $118,682Anthem, AZRent $2,548 · Income $120,613

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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