Miami Gardens, FL Cost Of Living
Cost Of Living In Miami Gardens, FL Summary
Cost of living in Miami Gardens 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 Miami Gardens 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 Miami Gardens is 111, with 100 being the average.
The cost of living index in Miami Gardens is 1.1x higher than the national average.
Miami Gardens ranks as the #285 cheapest in Florida out of 459.
Miami Gardens ranks as the #3,765 cheapest out of 6,489 in the US.
The median home value in Miami Gardens is $471,550.
The median income in Miami Gardens is $60,979.
Table Of Contents
Miami Gardens's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Miami Gardens, FL?
According to the most recent data on the cost of living, Miami Gardens has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to Florida, Miami Gardens has a cost of living index that's 1.1x higher than Florida's index of 97.
The standard of living in Miami Gardens ranks as #285 most affordable out of the 459 places we measured in Florida. By definition, that implies Miami Gardens ranks as the #174 most expensive place in the Sunshine State.
For more reading on life in Miami Gardens, check out:
In Florida
In America
Miami Gardens Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Miami Gardens. Here is how it fairs on each of the criteria:
The Services index in Miami Gardens is 105.
The Groceries index in Miami Gardens is 106.
The Health index in Miami Gardens is 98.
The Housing index in Miami Gardens is 125.
The Transportation index in Miami Gardens is 102.
The Utilities index in Miami Gardens is 101.
| Living Expense | Miami Gardens | Florida | National Average | |
|---|---|---|---|---|
| Overall | 111 | 97 | 100 | |
| Services | 105 | 96 | 100 | |
| Groceries | 106 | 99 | 100 | |
| Health | 98 | 98 | 100 | |
| Housing | 125 | 96 | 100 | |
| Transportation | 102 | 97 | 100 | |
| Utilities | 101 | 95 | 100 | |
Miami Gardens, 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 2019-2023. The key points are:
The Median Home Value in Miami Gardens is $471,550.
The Median Rent in Miami Gardens is $1,709.
The Median Income in Miami Gardens is $60,979.
The Home Value To Income in Miami Gardens is 7.7x.
The Rent To Monthly Income in Miami Gardens is 0.34x.
| Statistic | Miami Gardens | Florida | United States |
|---|---|---|---|
| Median Home Value | $471,550 | $377,066 | $303,400 |
| Median Rent | $1,709 | $1,564 | $1,348 |
| Median Income | $60,979 | $71,711 | $78,538 |
| Home Value To Income | 7.7x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.34x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
Miami Gardens, FL Costs By Category
Detailed Miami Gardens Services Costs Vs. Florida
| Item | Miami Gardens | 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 Miami Gardens Groceries Costs Vs. Florida
| Item | Miami Gardens | 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 Miami Gardens Health Costs Vs. Florida
| Item | Miami Gardens | Florida |
|---|---|---|
| Optometrist | $98.49 | $125.68 |
| Doctor | $127.08 | $135.78 |
| Dentist | $107.83 | $113.29 |
Detailed Miami Gardens Transportation Costs Vs. Florida
| Item | Miami Gardens | Florida |
|---|---|---|
| Gasoline | $3.49 | $3.46 |
| Tire Balancing | $64.09 | $59.92 |
Detailed Miami Gardens Utilities Costs Vs. Florida
| Item | Miami Gardens | Florida |
|---|---|---|
| All Electricity | $200.94 | $193.99 |
| Phone | $194.37 | $192.25 |
Miami Gardens SnackAbility
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Cost Of Living In Cities Around Miami Gardens
The cost of living varies in the cities and towns around Miami Gardens. 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 Miami Gardens.
Weston, FL has a cost of living index of 152, 1.4x Miami Gardens.
Kendale Lakes, FL has a cost of living index of 118, 1.1x Miami Gardens.
| City | Population | Cost Of Living | Vs. Miami Gardens |
|---|---|---|---|
| Pembroke Pines, FL | 170,557 | 122 | 1.1x |
| Weston, FL | 67,952 | 152 | 1.4x |
| Kendale Lakes, FL | 52,141 | 118 | 1.1x |
| Tamiami, FL | 51,201 | 124 | 1.1x |
| Country Club, FL | 51,000 | 115 | 1.0x |
| Coral Gables, FL | 49,243 | 188 | 1.7x |
| North Miami Beach, FL | 43,104 | 110 | 1.0x |
| Golden Glades, FL | 35,042 | 115 | 1.0x |
| Miami Lakes, FL | 30,731 | 136 | 1.2x |
| Ives Estates, FL | 26,154 | 106 | 1.0x |
