Miami Shores, FL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
136
Miami Shores's Overall Cost Of Living
1.4x
Higher Than The National Average
440 out of 458
In Florida
5,465 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Miami Shores is expensive, while a number below 100 means it's a relatively cheap place to live.

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

According to the most recent data on the cost of living, Miami Shores has an overall cost of living index of 136 which is 1.4x higher than the national index of 100.

Compared to only Florida, Miami Shores has a cost of living index that's 1.4x higher than Florida's index of 99.

The standard of living in Miami Shores ranks as #5,469 most affordable out of the 6,522 places we measured in Florida. By definition, that implies Miami Shores ranks as the #938 most expensive place in the Sunshine State.

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

Miami Shores Cost Of Living Vs. Florida

Living Expense Miami Shores Florida National Average
Overall 136 99 100
Services 99 99 100
Groceries 111 105 100
Health 107 100 100
Housing 213 96 100
Transportation 112 98 100
Utilities 98 102 100
For more reading on cost of living around Florida, check out:
Miami Shores Cost of Living Vs. FL

Miami Shores, 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.

$558,700
Median Home Value
$1,523
Median Rent
$123,478
Median Income
Statistic Miami Shores Florida United States
Median Home Value $558,700 $215,300 $217,500
Median Rent $1,523 $1,175 $1,062
Median Income $123,478 $55,660 $62,843
Home Value To Income 4.5x 3.9x 3.5x
Rent To Monthly Income 0.15x 0.25x 0.2x

Detailed Miami Shores Services Costs Vs. Florida

Item Miami Shores Florida
Shampoo $1.25 $1.01
Movie $13.77 $10.72
Bowling $22.83 $13.86

Detailed Miami Shores Groceries Costs Vs. Florida

Item Miami Shores Florida
Ground Beef $4.83 $3.9
Fried Chicken $1.61 $1.4
Milk $2.75 $1.96

Detailed Miami Shores Health Costs Vs. Florida

Item Miami Shores Florida
Haircut $13.88 $17.49
Beauty Salon $58.6 $38.17
Toothpaste $2.12 $2.32

Detailed Miami Shores Transportation Costs Vs. Florida

Item Miami Shores Florida
Potatoes $3.87 $3.18
Pizza $8.99 $10.39
Beer $10.23 $9.23
Optometrist $115.8 $106.34
Doctor $106.25 $115.25
Dentist $116.2 $98.38

Detailed Miami Shores Utilities Costs Vs. Florida

Item Miami Shores Florida
Gasoline $2.57 $2.59
Tire Balancing $67.2 $48.9
All Electricity $158.03 $167.6
Phone $185.34 $163.42

Miami Shores SnackAbility

8.5
/10
Overall SnackAbility
Jobs
8/10
Housing
9.5
Affordability
7
Diversity
10
Safety
5
Amenities
9
Education
9
Commute
5

Cost Of Living In Cities Around Miami Shores

City Population Cost Of Living Vs. Miami Shores
Pembroke Pines, FL 170,072 111 0.8x
North Miami, FL 62,489 100 0.7x
Tamiami, FL 56,225 112 0.8x
Kendale Lakes, FL 56,182 107 0.8x
Coral Gables, FL 50,226 165 1.2x
Golden Glades, FL 34,109 100 0.7x
West Little River, FL 32,897 93 0.7x
Miami Lakes, FL 30,864 123 0.9x
Coral Terrace, FL 25,387 115 0.8x
The Crossings, FL 22,441 115 0.8x

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