What is the cost of living in Coral Terrace, FL?
According to the most recent data on the cost of living, Coral Terrace has an overall cost of living index of 128, which is 1.3x higher than the national index of 100.
Compared to Florida, Coral Terrace has a cost of living index that's 1.2x higher than Florida's index of 104.
The standard of living in Coral Terrace ranks as #381 most affordable out of the 462 places we measured in Florida. By definition, that implies Coral Terrace ranks as the #81 most expensive place in the Sunshine State.
For more reading on life in Coral Terrace, check out:
Coral Terrace Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Coral Terrace. Here is how it fares on each of the criteria:
The Services index in Coral Terrace is 101.
The Groceries index in Coral Terrace is 105.
The Health index in Coral Terrace is 185.
The Housing index in Coral Terrace is 101.
The Transportation index in Coral Terrace is 109.
The Utilities index in Coral Terrace is 107.
| Living Expense | Coral Terrace | Florida | National Average |
|---|---|---|---|
| Overall | 128 | 104 | 100 |
| Services | 101 | 101 | 100 |
| Groceries | 105 | 105 | 100 |
| Health | 185 | 99 | 100 |
| Housing | 101 | 104 | 100 |
| Transportation | 109 | 109 | 100 |
| Utilities | 107 | 105 | 100 |
Coral Terrace Cost Of Living Compared To Florida Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Florida, check out:
Protect your home budget Compare home warranties in Coral Terrace Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Coral Terrace, 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 2020-2024. The key points are:
The Median Home Value in Coral Terrace is $609,952.
The Median Rent in Coral Terrace is $1,759.
The Median Income in Coral Terrace is $80,353.
The Home Value To Income in Coral Terrace is 7.6x.
The Rent To Monthly Income in Coral Terrace is 0.26x.
| Statistic | Coral Terrace | Florida | United States |
|---|---|---|---|
| Median Home Value | $609,952 | $375,661 | $332,700 |
| Median Rent | $1,759 | $1,669 | $1,413 |
| Median Income | $80,353 | $74,568 | $80,734 |
| Home Value To Income | 7.6x | 5.0x | 4.1x |
| Rent To Monthly Income | 0.26x | 0.27x | 0.21x |
Coral Terrace, FL Costs By Category
Detailed Coral Terrace Services costs vs. Florida
| Item | Coral Terrace | Florida |
|---|---|---|
| Shampoo | $1.53 | $1.28 |
| Movie | $14.35 | $12.13 |
| Bowling | $23.67 | $18 |
| Haircut | $20.53 | $24.26 |
| Beauty Salon | $88.07 | $45.56 |
Detailed Coral Terrace Groceries costs vs. Florida
| Item | Coral Terrace | Florida |
|---|---|---|
| Ground Beef | $6.11 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.6 | $4.67 |
| Potatoes | $5.24 | $4.93 |
| Pizza | $14.13 | $12.09 |
| Beer | $11.44 | $10.41 |
| Toothpaste | $3.51 | $3.7 |
Detailed Coral Terrace Health costs vs. Florida
| Item | Coral Terrace | Florida |
|---|---|---|
| Optometrist | $98.49 | $125.68 |
| Doctor | $127.08 | $135.78 |
| Dentist | $107.83 | $113.29 |
Detailed Coral Terrace Transportation costs vs. Florida
| Item | Coral Terrace | Florida |
|---|---|---|
| Gasoline | $3.49 | $3.46 |
| Tire Balancing | $64.09 | $59.92 |
Detailed Coral Terrace Utilities costs vs. Florida
| Item | Coral Terrace | Florida |
|---|---|---|
| All Electricity | $200.94 | $193.99 |
| Phone | $194.37 | $192.25 |
Coral Terrace SnackAbility
Cost Of Living In Cities Around Coral Terrace
The cost of living varies in the cities and towns around Coral Terrace. 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 124, 1.0x Coral Terrace.
Fountainebleau, FL has a cost of living index of 116, 0.9x Coral Terrace.
Kendale Lakes, FL has a cost of living index of 120, 0.9x Coral Terrace.
| City | Population | Cost Of Living | Vs. Coral Terrace |
|---|---|---|---|
| Pembroke Pines, FL | 173,194 | 124 | 1.0x |
| Fountainebleau, FL | 55,665 | 116 | 0.9x |
| Kendale Lakes, FL | 52,622 | 120 | 0.9x |
| Westchester, FL | 52,032 | 124 | 1.0x |
| Coral Gables, FL | 49,802 | 191 | 1.5x |
| Tamiami, FL | 49,752 | 126 | 1.0x |
| Richmond West, FL | 35,593 | 133 | 1.0x |
| Miami Lakes, FL | 31,553 | 134 | 1.0x |
| The Crossings, FL | 22,963 | 126 | 1.0x |
| Glenvar Heights, FL | 19,395 | 131 | 1.0x |
