Coral Gables, FL Cost Of Living
Coral Gables's Overall Cost Of Living
Higher Than The National Average
In Florida
In America
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 164 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 98.
The standard of living in Coral Gables ranks as #6,056 most affordable out of the 6,418 places we measured in Florida. By definition, that implies Coral Gables ranks as the #363 most expensive place in the Sunshine State.
Coral Gables Cost Of Living Vs. Florida
| Living Expense | Coral Gables | Florida | National Average | |
|---|---|---|---|---|
| Overall | 164 | 98 | 100 | |
| Services | 102 | 99 | 100 | |
| Groceries | 119 | 107 | 100 | |
| Health | 105 | 98 | 100 | |
| Housing | 309 | 96 | 100 | |
| Transportation | 106 | 102 | 100 | |
| Utilities | 100 | 106 | 100 | |
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.
Median Home Value
Median Rent
Median Income
| Statistic | Coral Gables | Florida | United States |
|---|---|---|---|
| Median Home Value | $856,600 | $232,000 | $229,800 |
| Median Rent | $1,794 | $1,218 | $1,096 |
| Median Income | $103,999 | $57,703 | $64,994 |
| Home Value To Income | 8.2x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.25x | 0.2x |
Detailed Coral Gables Services Costs Vs. Florida
| Item | Coral Gables | Florida |
|---|---|---|
| Shampoo | $1.11 | $1.06 |
| Movie | $13.23 | $10.68 |
| Bowling | $22.13 | $14.67 |
Detailed Coral Gables Groceries Costs Vs. Florida
| Item | Coral Gables | Florida |
|---|---|---|
| Ground Beef | $4.27 | $4.22 |
| Fried Chicken | $1.73 | $1.39 |
| Milk | $3.16 | $2.05 |
Detailed Coral Gables Health Costs Vs. Florida
| Item | Coral Gables | Florida |
|---|---|---|
| Haircut | $14.37 | $18.62 |
| Beauty Salon | $70.0 | $39.05 |
| Toothpaste | $1.87 | $2.34 |
Detailed Coral Gables Transportation Costs Vs. Florida
| Item | Coral Gables | Florida |
|---|---|---|
| Potatoes | $3.86 | $3.29 |
| Pizza | $9.1 | $10.62 |
| Beer | $10.98 | $9.38 |
| Optometrist | $105.63 | $108.57 |
| Doctor | $111.06 | $116.17 |
| Dentist | $107.78 | $99.13 |
Detailed Coral Gables Utilities Costs Vs. Florida
| Item | Coral Gables | Florida |
|---|---|---|
| Gasoline | $2.24 | $2.22 |
| Tire Balancing | $60.69 | $50.07 |
| All Electricity | $162.18 | $167.67 |
| Phone | $188.17 | $175.64 |
Coral Gables SnackAbility
/10
Cost Of Living In Cities Around Coral Gables
| City | Population | Cost Of Living | Vs. Coral Gables |
|---|---|---|---|
| Kendall, FL | 77,228 | 123 | 0.8x |
| Tamiami, FL | 55,757 | 116 | 0.7x |
| Kendale Lakes, FL | 55,732 | 108 | 0.7x |
| Richmond West, FL | 37,123 | 117 | 0.7x |
| Miami Lakes, FL | 31,021 | 125 | 0.8x |
| Coral Terrace, FL | 25,529 | 117 | 0.7x |
| Palmetto Bay, FL | 24,308 | 141 | 0.9x |
| The Crossings, FL | 23,102 | 116 | 0.7x |
| Pinecrest, FL | 19,183 | 180 | 1.1x |
| Country Walk, FL | 18,710 | 122 | 0.7x |
