Cost of living in Miramar 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 Miramar 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:
The cost of living index in Miramar is 114, with 100 being the average.
The cost of living index in Miramar is 1.1x higher than the national average.
Miramar ranks as the #375 cheapest in Florida out of 459.
Miramar ranks as the #4,427 cheapest out of 6,412 in the US.
The median home value in Miramar is $333,500.
The median income in Miramar is $75,200.
According to the most recent data on the cost of living, Miramar has an overall cost of living index of 114, which is 1.1x higher than the national index of 100.
Compared to Florida, Miramar has a cost of living index that's 1.1x higher than Florida's index of 101.
The standard of living in Miramar ranks as #375 most affordable out of the 459 places we measured in Florida. By definition, that implies Miramar ranks as the #84 most expensive place in the Sunshine State.
For more reading on life in Miramar, check out:
Six factors go into calculating the cost of living index in Miramar. Here is how it fairs on each of the criteria:
The Services index in Miramar is 101.
The Groceries index in Miramar is 119.
The Health index in Miramar is 106.
The Housing index in Miramar is 133.
The Transportation index in Miramar is 111.
The Utilities index in Miramar is 100.
|Living Expense||Miramar||Florida||National Average|
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 2017-2021. The key points are:
The Median Home Value in Miramar is $333,500.
The Median Rent in Miramar is $1,588.
The Median Income in Miramar is $75,200.
The Home Value To Income in Miramar is 4.4x.
The Rent To Monthly Income in Miramar is 0.25x.
|Median Home Value||$333,500||$248,700||$244,900|
|Home Value To Income||4.4x||4.0x||3.5x|
|Rent To Monthly Income||0.25x||0.25x||0.2x|
The cost of living varies in the cities and towns around Miramar. 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 102, 0.9x Miramar.
Pembroke Pines, FL has a cost of living index of 113, 1.0x Miramar.
Miami Gardens, FL has a cost of living index of 102, 0.9x Miramar.
|City||Population||Cost Of Living||Vs. Miramar|
|Pembroke Pines, FL||170,346||113||1.0x|
|Miami Gardens, FL||111,706||102||0.9x|
|Kendale Lakes, FL||53,392||108||0.9x|
|Country Club, FL||51,105||105||0.9x|
|Miami Lakes, FL||30,582||125||1.1x|
|Coral Terrace, FL||25,869||117||1.0x|