Cost of living in Goulds 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 Goulds 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 Goulds is 115, with 100 being the average.
The cost of living index in Goulds is 1.1x higher than the national average.
Goulds ranks as the #325 cheapest in Florida out of 459.
Goulds ranks as the #4,090 cheapest out of 6,489 in the US.
The median home value in Goulds is $481,600.
The median income in Goulds is $58,291.
According to the most recent data on the cost of living, Goulds has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.
Compared to Florida, Goulds has a cost of living index that's 1.2x higher than Florida's index of 97.
The standard of living in Goulds ranks as #325 most affordable out of the 459 places we measured in Florida. By definition, that implies Goulds ranks as the #134 most expensive place in the Sunshine State.
For more reading on life in Goulds, check out:
Six factors go into calculating the cost of living index in Goulds. Here is how it fairs on each of the criteria:
The Services index in Goulds is 106.
The Groceries index in Goulds is 105.
The Health index in Goulds is 95.
The Housing index in Goulds is 134.
The Transportation index in Goulds is 102.
The Utilities index in Goulds is 103.
| Living Expense | Goulds | Florida | National Average | |
|---|---|---|---|---|
| Overall | 115 | 97 | 100 | |
| Services | 106 | 96 | 100 | |
| Groceries | 105 | 99 | 100 | |
| Health | 95 | 98 | 100 | |
| Housing | 134 | 96 | 100 | |
| Transportation | 102 | 97 | 100 | |
| Utilities | 103 | 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 Goulds is $481,600.
The Median Rent in Goulds is $1,104.
The Median Income in Goulds is $58,291.
The Home Value To Income in Goulds is 8.3x.
The Rent To Monthly Income in Goulds is 0.23x.
The cost of living varies in the cities and towns around Goulds. 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 118, 1.0x Goulds.
Tamiami, FL has a cost of living index of 124, 1.1x Goulds.
Coral Gables, FL has a cost of living index of 188, 1.6x Goulds.
| City | Population | Cost Of Living | Vs. Goulds |
|---|---|---|---|
| Kendale Lakes, FL | 52,141 | 118 | 1.0x |
| Tamiami, FL | 51,201 | 124 | 1.1x |
| Coral Gables, FL | 49,243 | 188 | 1.6x |
| Cutler Bay, FL | 44,483 | 124 | 1.1x |
| Princeton, FL | 41,476 | 117 | 1.0x |
| South Miami Heights, FL | 37,525 | 112 | 1.0x |
| Richmond West, FL | 35,988 | 132 | 1.1x |
| Coral Terrace, FL | 24,051 | 128 | 1.1x |
| The Crossings, FL | 22,359 | 125 | 1.1x |
| Country Walk, FL | 18,693 | 133 | 1.2x |