According to the most recent data on the cost of living, Miami Springs has an overall cost of living index of 115 which is 1.1x higher than the national index of 100.
Compared to only Florida, Miami Springs has a cost of living index that's 1.2x higher than Florida's index of 99.
The standard of living in Miami Springs ranks as #4,502 most affordable out of the 6,522 places we measured in Florida. By definition, that implies Miami Springs ranks as the #1,904 most expensive place in the Sunshine State.
Living Expense | Miami Springs | Florida | National Average | |
---|---|---|---|---|
Overall | 115 | 99 | 100 | |
Services | 99 | 99 | 100 | |
Groceries | 111 | 105 | 100 | |
Health | 107 | 100 | 100 | |
Housing | 143 | 96 | 100 | |
Transportation | 112 | 98 | 100 | |
Utilities | 98 | 102 | 100 |
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.
Statistic | Miami Springs | Florida | United States |
---|---|---|---|
Median Home Value | $410,400 | $215,300 | $217,500 |
Median Rent | $1,134 | $1,175 | $1,062 |
Median Income | $61,795 | $55,660 | $62,843 |
Home Value To Income | 6.6x | 3.9x | 3.5x |
Rent To Monthly Income | 0.22x | 0.25x | 0.2x |
Item | Miami Springs | Florida |
---|---|---|
Shampoo | $1.25 | $1.01 |
Movie | $13.77 | $10.72 |
Bowling | $22.83 | $13.86 |
Item | Miami Springs | Florida |
---|---|---|
Ground Beef | $4.83 | $3.9 |
Fried Chicken | $1.61 | $1.4 |
Milk | $2.75 | $1.96 |
Item | Miami Springs | Florida |
---|---|---|
Haircut | $13.88 | $17.49 |
Beauty Salon | $58.6 | $38.17 |
Toothpaste | $2.12 | $2.32 |
Item | Miami Springs | 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 |
Item | Miami Springs | Florida |
---|---|---|
Gasoline | $2.57 | $2.59 |
Tire Balancing | $67.2 | $48.9 |
All Electricity | $158.03 | $167.6 |
Phone | $185.34 | $163.42 |
City | Population | Cost Of Living | Vs. Miami Springs | Hialeah, FL | 234,539 | 101 | 0.9x | Pembroke Pines, FL | 170,072 | 111 | 1.0x | Fountainebleau, FL | 60,547 | 101 | 0.9x | Doral, FL | 59,972 | 127 | 1.1x | Kendale Lakes, FL | 56,182 | 107 | 0.9x | Coral Gables, FL | 50,226 | 165 | 1.4x | Richmond West, FL | 37,486 | 114 | 1.0x | West Little River, FL | 32,897 | 93 | 0.8x | Miami Lakes, FL | 30,864 | 123 | 1.1x | Coral Terrace, FL | 25,387 | 115 | 1.0x |
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