Miami Lakes, FL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-08
125
Miami Lakes's Overall Cost Of Living
1.2x
Higher Than The National Average
425 out of 459
In Florida
5,043 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Miami Lakes is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Miami Lakes, FL?

According to the most recent data on the cost of living, Miami Lakes has an overall cost of living index of 125 which is 1.2x higher than the national index of 100.

Compared to only Florida, Miami Lakes has a cost of living index that's 1.3x higher than Florida's index of 98.

The standard of living in Miami Lakes ranks as #5,045 most affordable out of the 6,418 places we measured in Florida. By definition, that implies Miami Lakes ranks as the #1,374 most expensive place in the Sunshine State.

For more reading on life in Miami Lakes, check out:

Miami Lakes Cost Of Living Vs. Florida

Living Expense Miami Lakes Florida National Average
Overall 125 98 100
Services 102 99 100
Groceries 116 107 100
Health 105 98 100
Housing 168 96 100
Transportation 110 102 100
Utilities 98 106 100
For more reading on cost of living around Florida, check out:
Miami Lakes Cost of Living Vs. FL

Miami Lakes, FL Housing Cost Breakdown

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.

$410,300
Median Home Value
$1,608
Median Rent
$77,535
Median Income
Statistic Miami Lakes Florida United States
Median Home Value $410,300 $232,000 $229,800
Median Rent $1,608 $1,218 $1,096
Median Income $77,535 $57,703 $64,994
Home Value To Income 5.3x 4.0x 3.5x
Rent To Monthly Income 0.25x 0.25x 0.2x

Detailed Miami Lakes Services Costs Vs. Florida

Item Miami Lakes Florida
Shampoo $1.11 $1.06
Movie $13.23 $10.68
Bowling $22.13 $14.67

Detailed Miami Lakes Groceries Costs Vs. Florida

Item Miami Lakes Florida
Ground Beef $4.27 $4.22
Fried Chicken $1.73 $1.39
Milk $3.16 $2.05

Detailed Miami Lakes Health Costs Vs. Florida

Item Miami Lakes Florida
Haircut $14.37 $18.62
Beauty Salon $70.0 $39.05
Toothpaste $1.87 $2.34

Detailed Miami Lakes Transportation Costs Vs. Florida

Item Miami Lakes Florida
Potatoes $3.86 $3.29
Pizza $9.1 $10.62
Beer $10.98 $9.38
Optometrist $105.63 $108.57
Doctor $111.06 $116.17
Dentist $107.78 $99.13

Detailed Miami Lakes Utilities Costs Vs. Florida

Item Miami Lakes Florida
Gasoline $2.24 $2.22
Tire Balancing $60.69 $50.07
All Electricity $162.18 $167.67
Phone $188.17 $175.64

Miami Lakes SnackAbility

8.5
/10
Overall SnackAbility
Jobs
8.5/10
Housing
9
Affordability
4
Diversity
6
Safety
8
Amenities
9.5
Education
8
Commute
4

Cost Of Living In Cities Around Miami Lakes

City Population Cost Of Living Vs. Miami Lakes
Hialeah, FL 233,876 102 0.8x
Pembroke Pines, FL 171,979 113 0.9x
Miramar, FL 140,479 114 0.9x
Miami Gardens, FL 110,767 102 0.8x
Weston, FL 70,965 137 1.1x
Tamiami, FL 55,757 116 0.9x
Kendale Lakes, FL 55,732 108 0.9x
Country Club, FL 50,436 105 0.8x
Coral Gables, FL 49,937 164 1.3x
West Little River, FL 32,293 95 0.8x

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