According to the most recent data on the cost of living, Key Biscayne has an overall cost of living index of 214 which is 2.1x higher than the national index of 100.
Compared to only Florida, Key Biscayne has a cost of living index that's 2.2x higher than Florida's index of 99.
The standard of living in Key Biscayne ranks as #6336 most affordable out of the 6522 places we measured in Florida. By definition, that implies Key Biscayne ranks as the #70 most expensive place in the Sunshine State.
|Living Expense||Key Biscayne||Florida||National Average|
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.
|City||Population||Cost Of Living||Vs. Key Biscayne|
|Miami Beach, FL||91,826||129||0.6x|
|Kendale Lakes, FL||58,395||107||0.5x|
|Coral Gables, FL||50,931||165||0.8x|
|Richmond West, FL||37,965||114||0.5x|
|Miami Lakes, FL||31,050||123||0.6x|
|Coral Terrace, FL||25,234||115||0.5x|
|The Crossings, FL||23,558||115||0.5x|