Miami Springs, FL Cost Of Living

The latest cost of living statistics for Miami Springs. Includes statistics on rent, mortgages, healthcare, and other costs for Miami Springs compared to the state and national averages.

Cost of living in Miami Springs, Florida

Cost of living in Miami Springs 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 Springs 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:

137 Cost of living index 1.4x higher vs US
#422 Cheapest in Florida (of 462)
#5,273 Cheapest in the U.S. (of 6,489)
$729,503 Median home value
$1,441 Median rent
$87,099 Median income
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What is the cost of living in Miami Springs, FL?

According to the most recent data on the cost of living, Miami Springs has an overall cost of living index of 137, which is 1.4x higher than the national index of 100.

Compared to Florida, Miami Springs has a cost of living index that's 1.3x higher than Florida's index of 104.

The standard of living in Miami Springs ranks as #422 most affordable out of the 462 places we measured in Florida. By definition, that implies Miami Springs ranks as the #40 most expensive place in the Sunshine State.

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

Miami Springs Cost Of Living Vs. Florida

Six factors go into calculating the cost of living index in Miami Springs. Here is how it fares on each of the criteria:

  • The Services index in Miami Springs is 102.

  • The Groceries index in Miami Springs is 107.

  • The Health index in Miami Springs is 201.

  • The Housing index in Miami Springs is 107.

  • The Transportation index in Miami Springs is 108.

  • The Utilities index in Miami Springs is 109.

Living Expense Miami Springs Florida National Average
Overall 137 104 100
Services 102 101 100
Groceries 107 105 100
Health 201 99 100
Housing 107 104 100
Transportation 108 109 100
Utilities 109 105 100

Miami Springs Cost Of Living Compared To Florida Averages

Services
Miami Springs 102
Florida avg 101
Groceries
Miami Springs 107
Florida avg 105
Health
Miami Springs 201
Florida avg 99
Housing
Miami Springs 107
Florida avg 104
Transportation
Miami Springs 108
Florida avg 109
Utilities
Miami Springs 109
Florida avg 105

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Florida, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Miami Springs, FL Housing Cost Breakdown

$729,503Median Home Value
$1,441Median Rent
$87,099Median Income

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 Springs is $729,503.

  • The Median Rent in Miami Springs is $1,441.

  • The Median Income in Miami Springs is $87,099.

  • The Home Value To Income in Miami Springs is 8.4x.

  • The Rent To Monthly Income in Miami Springs is 0.2x.

Statistic Miami Springs Florida United States
Median Home Value $729,503 $375,661 $332,700
Median Rent $1,441 $1,669 $1,413
Median Income $87,099 $74,568 $80,734
Home Value To Income 8.4x 5.0x 4.1x
Rent To Monthly Income 0.2x 0.27x 0.21x

Miami Springs, FL Costs By Category

Detailed Miami Springs Services costs vs. Florida
Item Miami Springs 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 Springs Groceries costs vs. Florida
Item Miami Springs 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 Springs Health costs vs. Florida
Item Miami Springs Florida
Optometrist $98.49 $125.68
Doctor $127.08 $135.78
Dentist $107.83 $113.29
Detailed Miami Springs Transportation costs vs. Florida
Item Miami Springs Florida
Gasoline $3.49 $3.46
Tire Balancing $64.09 $59.92
Detailed Miami Springs Utilities costs vs. Florida
Item Miami Springs Florida
All Electricity $200.94 $193.99
Phone $194.37 $192.25

Miami Springs SnackAbility

8Overall SnackAbility
Jobs 8.5/10
Housing 8.5/10
Affordability 5/10
Diversity 8/10
Safety 4/10
Amenities 9/10
Education 7/10
Commute 6/10

Cost Of Living In Cities Around Miami Springs

The cost of living varies in the cities and towns around Miami Springs. 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, 0.8x Miami Springs.

  • Pembroke Pines, FL has a cost of living index of 124, 0.9x Miami Springs.

  • Doral, FL has a cost of living index of 142, 1.0x Miami Springs.

City Population Cost Of Living Vs. Miami Springs
Hialeah, FL 226,165 115 0.8x
Pembroke Pines, FL 173,194 124 0.9x
Doral, FL 79,216 142 1.0x
Fountainebleau, FL 55,665 116 0.8x
Kendale Lakes, FL 52,622 120 0.9x
Coral Gables, FL 49,802 191 1.4x
Richmond West, FL 35,593 133 1.0x
West Little River, FL 33,890 105 0.8x
Miami Lakes, FL 31,553 134 1.0x
Coral Terrace, FL 24,895 128 0.9x