What is the cost of living in Cutler Bay, FL?
According to the most recent data on the cost of living, Cutler Bay has an overall cost of living index of 123, which is 1.2x higher than the national index of 100.
Compared to Florida, Cutler Bay has a cost of living index that's 1.2x higher than Florida's index of 104.
The standard of living in Cutler Bay ranks as #357 most affordable out of the 462 places we measured in Florida. By definition, that implies Cutler Bay ranks as the #105 most expensive place in the Sunshine State.
For more reading on life in Cutler Bay, check out:
Cutler Bay Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Cutler Bay. Here is how it fares on each of the criteria:
The Services index in Cutler Bay is 103.
The Groceries index in Cutler Bay is 106.
The Health index in Cutler Bay is 167.
The Housing index in Cutler Bay is 108.
The Transportation index in Cutler Bay is 109.
The Utilities index in Cutler Bay is 106.
| Living Expense | Cutler Bay | Florida | National Average |
|---|---|---|---|
| Overall | 123 | 104 | 100 |
| Services | 103 | 101 | 100 |
| Groceries | 106 | 105 | 100 |
| Health | 167 | 99 | 100 |
| Housing | 108 | 104 | 100 |
| Transportation | 109 | 109 | 100 |
| Utilities | 106 | 105 | 100 |
Cutler Bay 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 Cutler Bay Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Cutler Bay, 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 Cutler Bay is $564,584.
The Median Rent in Cutler Bay is $1,978.
The Median Income in Cutler Bay is $89,244.
The Home Value To Income in Cutler Bay is 6.3x.
The Rent To Monthly Income in Cutler Bay is 0.27x.
| Statistic | Cutler Bay | Florida | United States |
|---|---|---|---|
| Median Home Value | $564,584 | $375,661 | $332,700 |
| Median Rent | $1,978 | $1,669 | $1,413 |
| Median Income | $89,244 | $74,568 | $80,734 |
| Home Value To Income | 6.3x | 5.0x | 4.1x |
| Rent To Monthly Income | 0.27x | 0.27x | 0.21x |
Cutler Bay, FL Costs By Category
Detailed Cutler Bay Services costs vs. Florida
| Item | Cutler Bay | 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 Cutler Bay Groceries costs vs. Florida
| Item | Cutler Bay | 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 Cutler Bay Health costs vs. Florida
| Item | Cutler Bay | Florida |
|---|---|---|
| Optometrist | $98.49 | $125.68 |
| Doctor | $127.08 | $135.78 |
| Dentist | $107.83 | $113.29 |
Detailed Cutler Bay Transportation costs vs. Florida
| Item | Cutler Bay | Florida |
|---|---|---|
| Gasoline | $3.49 | $3.46 |
| Tire Balancing | $64.09 | $59.92 |
Detailed Cutler Bay Utilities costs vs. Florida
| Item | Cutler Bay | Florida |
|---|---|---|
| All Electricity | $200.94 | $193.99 |
| Phone | $194.37 | $192.25 |
Cutler Bay SnackAbility
Cost Of Living In Cities Around Cutler Bay
The cost of living varies in the cities and towns around Cutler Bay. Here's a quick look at the cost of living in the most populous nearby places:
Kendale Lakes, FL has a cost of living index of 120, 1.0x Cutler Bay.
Coral Gables, FL has a cost of living index of 191, 1.6x Cutler Bay.
Tamiami, FL has a cost of living index of 126, 1.0x Cutler Bay.
| City | Population | Cost Of Living | Vs. Cutler Bay |
|---|---|---|---|
| Kendale Lakes, FL | 52,622 | 120 | 1.0x |
| Coral Gables, FL | 49,802 | 191 | 1.6x |
| Tamiami, FL | 49,752 | 126 | 1.0x |
| Princeton, FL | 42,625 | 120 | 1.0x |
| South Miami Heights, FL | 38,766 | 114 | 0.9x |
| Richmond West, FL | 35,593 | 133 | 1.1x |
| Coral Terrace, FL | 24,895 | 128 | 1.0x |
| Palmetto Bay, FL | 24,639 | 154 | 1.3x |
| The Crossings, FL | 22,963 | 126 | 1.0x |
| Country Walk, FL | 19,291 | 132 | 1.1x |
