Aventura, FL Cost Of Living
Cost Of Living In Aventura, FL Summary
Cost of living in Aventura research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Aventura is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Florida, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Aventura is 122, with 100 being the average.
The cost of living index in Aventura is 1.2x higher than the national average.
Aventura ranks as the #412 cheapest in Florida out of 459.
Aventura ranks as the #4,905 cheapest out of 6,412 in the US.
The median home value in Aventura is $347,800.
The median income in Aventura is $70,257.
Table Of Contents
Aventura's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Aventura, FL?
According to the most recent data on the cost of living, Aventura has an overall cost of living index of 122, which is 1.2x higher than the national index of 100.
Compared to Florida, Aventura has a cost of living index that's 1.2x higher than Florida's index of 101.
The standard of living in Aventura ranks as #412 most affordable out of the 459 places we measured in Florida. By definition, that implies Aventura ranks as the #47 most expensive place in the Sunshine State.
For more reading on life in Aventura, check out:
- Living In Aventura
- Aventura Crime Report
- Search Homes For Sale In Aventura, FL
In Florida
In America
Aventura Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Aventura. Here is how it fairs on each of the criteria:
The Services index in Aventura is 100.
The Groceries index in Aventura is 119.
The Health index in Aventura is 102.
The Housing index in Aventura is 172.
The Transportation index in Aventura is 111.
The Utilities index in Aventura is 100.
| Living Expense | Aventura | Florida | National Average | |
|---|---|---|---|---|
| Overall | 122 | 101 | 100 | |
| Services | 100 | 98 | 100 | |
| Groceries | 119 | 101 | 100 | |
| Health | 102 | 96 | 100 | |
| Housing | 172 | 108 | 100 | |
| Transportation | 111 | 98 | 100 | |
| Utilities | 100 | 100 | 100 | |
Aventura, FL Housing Cost Breakdown
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Aventura is $347,800.
The Median Rent in Aventura is $1,983.
The Median Income in Aventura is $70,257.
The Home Value To Income in Aventura is 5.0x.
The Rent To Monthly Income in Aventura is 0.34x.
| Statistic | Aventura | Florida | United States |
|---|---|---|---|
| Median Home Value | $347,800 | $248,700 | $244,900 |
| Median Rent | $1,983 | $1,301 | $1,163 |
| Median Income | $70,257 | $61,777 | $69,021 |
| Home Value To Income | 5.0x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.34x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Aventura, FL Costs By Category
Detailed Aventura Services Costs Vs. Florida
Detailed Aventura Groceries Costs Vs. Florida
Detailed Aventura Health Costs Vs. Florida
Detailed Aventura Transportation Costs Vs. Florida
Detailed Aventura Utilities Costs Vs. Florida
Aventura SnackAbility
/10
Cost Of Living In Cities Around Aventura
The cost of living varies in the cities and towns around Aventura. Here's a quick look at the cost of living in the most populous nearby places:
Pembroke Pines, FL has a cost of living index of 113, 0.9x Aventura.
Davie, FL has a cost of living index of 111, 0.9x Aventura.
Weston, FL has a cost of living index of 137, 1.1x Aventura.
| City | Population | Cost Of Living | Vs. Aventura |
|---|---|---|---|
| Pembroke Pines, FL | 170,346 | 113 | 0.9x |
| Davie, FL | 104,782 | 111 | 0.9x |
| Weston, FL | 68,148 | 137 | 1.1x |
| North Miami, FL | 60,449 | 100 | 0.8x |
| North Lauderdale, FL | 44,579 | 96 | 0.8x |
| Oakland Park, FL | 44,092 | 104 | 0.9x |
| North Miami Beach, FL | 43,357 | 101 | 0.8x |
| Hallandale Beach, FL | 41,004 | 102 | 0.8x |
| Miami Lakes, FL | 30,582 | 125 | 1.0x |
| Coral Terrace, FL | 25,869 | 117 | 1.0x |
