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 134, which is 1.3x higher than the national index of 100.
Compared to Florida, Miami Lakes has a cost of living index that's 1.3x higher than Florida's index of 104.
The standard of living in Miami Lakes ranks as #411 most affordable out of the 462 places we measured in Florida. By definition, that implies Miami Lakes ranks as the #51 most expensive place in the Sunshine State.
For more reading on life in Miami Lakes, check out:
Miami Lakes Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Miami Lakes. Here is how it fares on each of the criteria:
The Services index in Miami Lakes is 103.
The Groceries index in Miami Lakes is 99.
The Health index in Miami Lakes is 214.
The Housing index in Miami Lakes is 105.
The Transportation index in Miami Lakes is 106.
The Utilities index in Miami Lakes is 99.
| Living Expense | Miami Lakes | Florida | National Average |
|---|---|---|---|
| Overall | 134 | 104 | 100 |
| Services | 103 | 101 | 100 |
| Groceries | 99 | 105 | 100 |
| Health | 214 | 99 | 100 |
| Housing | 105 | 104 | 100 |
| Transportation | 106 | 109 | 100 |
| Utilities | 99 | 105 | 100 |
Miami Lakes Cost Of Living Compared To Florida Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Florida, check out:
Protect your home budget Compare home warranties in Miami Lakes Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Miami Lakes, 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 2020-2024. The key points are:
The Median Home Value in Miami Lakes is $653,606.
The Median Rent in Miami Lakes is $2,120.
The Median Income in Miami Lakes is $101,557.
The Home Value To Income in Miami Lakes is 6.4x.
The Rent To Monthly Income in Miami Lakes is 0.25x.
| Statistic | Miami Lakes | Florida | United States |
|---|---|---|---|
| Median Home Value | $653,606 | $375,661 | $332,700 |
| Median Rent | $2,120 | $1,669 | $1,413 |
| Median Income | $101,557 | $74,568 | $80,734 |
| Home Value To Income | 6.4x | 5.0x | 4.1x |
| Rent To Monthly Income | 0.25x | 0.27x | 0.21x |
Miami Lakes, FL Costs By Category
Detailed Miami Lakes Services costs vs. Florida
| Item | Miami Lakes | 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 Lakes Groceries costs vs. Florida
| Item | Miami Lakes | 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 Lakes Health costs vs. Florida
| Item | Miami Lakes | Florida |
|---|---|---|
| Optometrist | $98.49 | $125.68 |
| Doctor | $127.08 | $135.78 |
| Dentist | $107.83 | $113.29 |
Detailed Miami Lakes Transportation costs vs. Florida
| Item | Miami Lakes | Florida |
|---|---|---|
| Gasoline | $3.49 | $3.46 |
| Tire Balancing | $64.09 | $59.92 |
Detailed Miami Lakes Utilities costs vs. Florida
| Item | Miami Lakes | Florida |
|---|---|---|
| All Electricity | $200.94 | $193.99 |
| Phone | $194.37 | $192.25 |
Miami Lakes SnackAbility
Cost Of Living In Cities Around Miami Lakes
The cost of living varies in the cities and towns around Miami Lakes. Here's a quick look at the cost of living in the most populous nearby places:
Hialeah, FL has a cost of living index of 115, 0.9x Miami Lakes.
Pembroke Pines, FL has a cost of living index of 124, 0.9x Miami Lakes.
Miramar, FL has a cost of living index of 124, 0.9x Miami Lakes.
| City | Population | Cost Of Living | Vs. Miami Lakes |
|---|---|---|---|
| Hialeah, FL | 226,165 | 115 | 0.9x |
| Pembroke Pines, FL | 173,194 | 124 | 0.9x |
| Miramar, FL | 138,600 | 124 | 0.9x |
| Miami Gardens, FL | 113,177 | 111 | 0.8x |
| Weston, FL | 68,837 | 153 | 1.1x |
| Kendale Lakes, FL | 52,622 | 120 | 0.9x |
| Country Club, FL | 51,296 | 116 | 0.9x |
| Coral Gables, FL | 49,802 | 191 | 1.4x |
| Tamiami, FL | 49,752 | 126 | 0.9x |
| West Little River, FL | 33,890 | 105 | 0.8x |
