Cost of living in Golden Glades 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 Golden Glades 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 Golden Glades is 115, with 100 being the average.
The cost of living index in Golden Glades is 1.1x higher than the national average.
Golden Glades ranks as the #325 cheapest in Florida out of 459.
Golden Glades ranks as the #4,090 cheapest out of 6,489 in the US.
The median home value in Golden Glades is $471,428.
The median income in Golden Glades is $49,932.
According to the most recent data on the cost of living, Golden Glades has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.
Compared to Florida, Golden Glades has a cost of living index that's 1.2x higher than Florida's index of 97.
The standard of living in Golden Glades ranks as #325 most affordable out of the 459 places we measured in Florida. By definition, that implies Golden Glades ranks as the #134 most expensive place in the Sunshine State.
For more reading on life in Golden Glades, check out:
Six factors go into calculating the cost of living index in Golden Glades. Here is how it fairs on each of the criteria:
The Services index in Golden Glades is 104.
The Groceries index in Golden Glades is 105.
The Health index in Golden Glades is 98.
The Housing index in Golden Glades is 134.
The Transportation index in Golden Glades is 105.
The Utilities index in Golden Glades is 102.
| Living Expense | Golden Glades | Florida | National Average | |
|---|---|---|---|---|
| Overall | 115 | 97 | 100 | |
| Services | 104 | 96 | 100 | |
| Groceries | 105 | 99 | 100 | |
| Health | 98 | 98 | 100 | |
| Housing | 134 | 96 | 100 | |
| Transportation | 105 | 97 | 100 | |
| Utilities | 102 | 95 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Golden Glades is $471,428.
The Median Rent in Golden Glades is $1,444.
The Median Income in Golden Glades is $49,932.
The Home Value To Income in Golden Glades is 9.4x.
The Rent To Monthly Income in Golden Glades is 0.35x.
| Statistic | Golden Glades | Florida | United States |
|---|---|---|---|
| Median Home Value | $471,428 | $377,066 | $303,400 |
| Median Rent | $1,444 | $1,564 | $1,348 |
| Median Income | $49,932 | $71,711 | $78,538 |
| Home Value To Income | 9.4x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.35x | 0.26x | 0.21x |
| Item | Golden Glades | 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 |
| Item | Golden Glades | 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 |
| Item | Golden Glades | Florida |
|---|---|---|
| Optometrist | $98.49 | $125.68 |
| Doctor | $127.08 | $135.78 |
| Dentist | $107.83 | $113.29 |
| Item | Golden Glades | Florida |
|---|---|---|
| Gasoline | $3.49 | $3.46 |
| Tire Balancing | $64.09 | $59.92 |
| Item | Golden Glades | Florida |
|---|---|---|
| All Electricity | $200.94 | $193.99 |
| Phone | $194.37 | $192.25 |
The cost of living varies in the cities and towns around Golden Glades. 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 122, 1.1x Golden Glades.
Miami Gardens, FL has a cost of living index of 111, 1.0x Golden Glades.
Weston, FL has a cost of living index of 152, 1.3x Golden Glades.
| City | Population | Cost Of Living | Vs. Golden Glades |
|---|---|---|---|
| Pembroke Pines, FL | 170,557 | 122 | 1.1x |
| Miami Gardens, FL | 111,264 | 111 | 1.0x |
| Weston, FL | 67,952 | 152 | 1.3x |
| North Miami, FL | 59,429 | 112 | 1.0x |
| Kendale Lakes, FL | 52,141 | 118 | 1.0x |
| Tamiami, FL | 51,201 | 124 | 1.1x |
| Coral Gables, FL | 49,243 | 188 | 1.6x |
| North Miami Beach, FL | 43,104 | 110 | 1.0x |
| Miami Lakes, FL | 30,731 | 136 | 1.2x |
| Ives Estates, FL | 26,154 | 106 | 0.9x |