Total monthly cost of ownership
Cost to Own a Home in Cooper City, Florida
A $556,000 home here costs
$4,264per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,858. The real number is $1,406 higher every month — 49% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Cooper City against Broward County and Florida
| Measure | Cooper City | Broward County |
|---|---|---|
| Median home value | $555,800 | $380,400 |
| Median property tax | $4,827 | $3,610 |
| Effective tax rate | 0.868% | 0.949% |
| Median gross rent | $2,392 | $1,804 |
| Population | 34,166 | 1,946,127 |
The weather behind that power bill
Cooper City sits in Broward County, which averages a high of 91.4°F in its hottest month and a low of 59.1°F in its coldest, with 56.5" of precipitation a year and 39% of it in a single three-month stretch. That climate drives 4,476 cooling and 146 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Broward County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Broward County
Full Broward County cost breakdown · Every county in Florida
Common questions
How much does it cost to own a home in Cooper City?
A $556,000 home in Cooper City, Florida costs approximately $4,264 per month with 20% down at 6.66%. That is $2,858 principal and interest, $402 property tax, $336 homeowners insurance, $204 utilities and $463 set aside for maintenance.
What is the property tax rate in Cooper City?
Cooper City has an effective property tax rate of 0.868%, based on a median home value of $555,800 and median real estate taxes of $4,827. That is lower than the Broward County average of 0.949%.
What is the average home price in Cooper City?
The median owner-occupied home value in Cooper City, Florida is $555,800, against $380,400 across Broward County.
Is it cheaper to rent or buy in Cooper City?
Median gross rent in Cooper City is $2,392 a month, against $4,264 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Cooper City — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Florida.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.