Coral Gables, FL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
165
Coral Gables's Overall Cost Of Living
1.6x
Higher Than The National Average
450 out of 458
In Florida
6,063 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Coral Gables is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Coral Gables, FL?

According to the most recent data on the cost of living, Coral Gables has an overall cost of living index of 165 which is 1.6x higher than the national index of 100.

Compared to only Florida, Coral Gables has a cost of living index that's 1.7x higher than Florida's index of 99.

The standard of living in Coral Gables ranks as #6,068 most affordable out of the 6,522 places we measured in Florida. By definition, that implies Coral Gables ranks as the #339 most expensive place in the Sunshine State.

For more reading on life in Coral Gables, check out:

Coral Gables Cost Of Living Vs. Florida

Living Expense Coral Gables Florida National Average
Overall 165 99 100
Services 99 99 100
Groceries 111 105 100
Health 107 100 100
Housing 308 96 100
Transportation 112 98 100
Utilities 98 102 100
For more reading on cost of living around Florida, check out:
Coral Gables Cost of Living Vs. FL

Coral Gables, FL Housing Cost Breakdown

Housing swings affordability the most between places in Florida, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$846,100
Median Home Value
$1,693
Median Rent
$100,843
Median Income
Statistic Coral Gables Florida United States
Median Home Value $846,100 $215,300 $217,500
Median Rent $1,693 $1,175 $1,062
Median Income $100,843 $55,660 $62,843
Home Value To Income 8.4x 3.9x 3.5x
Rent To Monthly Income 0.2x 0.25x 0.2x

Detailed Coral Gables Services Costs Vs. Florida

Item Coral Gables Florida
Shampoo $1.25 $1.01
Movie $13.77 $10.72
Bowling $22.83 $13.86

Detailed Coral Gables Groceries Costs Vs. Florida

Item Coral Gables Florida
Ground Beef $4.83 $3.9
Fried Chicken $1.61 $1.4
Milk $2.75 $1.96

Detailed Coral Gables Health Costs Vs. Florida

Item Coral Gables Florida
Haircut $13.88 $17.49
Beauty Salon $58.6 $38.17
Toothpaste $2.12 $2.32

Detailed Coral Gables Transportation Costs Vs. Florida

Item Coral Gables Florida
Potatoes $3.87 $3.18
Pizza $8.99 $10.39
Beer $10.23 $9.23
Optometrist $115.8 $106.34
Doctor $106.25 $115.25
Dentist $116.2 $98.38

Detailed Coral Gables Utilities Costs Vs. Florida

Item Coral Gables Florida
Gasoline $2.57 $2.59
Tire Balancing $67.2 $48.9
All Electricity $158.03 $167.6
Phone $185.34 $163.42

Coral Gables SnackAbility

9
/10
Overall SnackAbility
Jobs
9/10
Housing
9.5
Affordability
5
Diversity
8.5
Safety
7
Amenities
9.5
Education
9.5
Commute
7

Cost Of Living In Cities Around Coral Gables

City Population Cost Of Living Vs. Coral Gables
Kendall, FL 75,312 120 0.7x
Tamiami, FL 56,225 112 0.7x
Kendale Lakes, FL 56,182 107 0.6x
Richmond West, FL 37,486 114 0.7x
Miami Lakes, FL 30,864 123 0.7x
Coral Terrace, FL 25,387 115 0.7x
Palmetto Bay, FL 24,333 137 0.8x
The Crossings, FL 22,441 115 0.7x
Pinecrest, FL 19,244 180 1.1x
Country Walk, FL 17,496 120 0.7x

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