North Bay Village, FL Cost Of Living
North Bay Village's Overall Cost Of Living
Higher Than The National Average
In Florida
In America
What is the cost of living in North Bay Village, FL?
According to the most recent data on the cost of living, North Bay Village has an overall cost of living index of 116 which is 1.2x higher than the national index of 100.
Compared to only Florida, North Bay Village has a cost of living index that's 1.2x higher than Florida's index of 98.
The standard of living in North Bay Village ranks as #4,560 most affordable out of the 6,418 places we measured in Florida. By definition, that implies North Bay Village ranks as the #1,858 most expensive place in the Sunshine State.
North Bay Village Cost Of Living Vs. Florida
| Living Expense | North Bay Village | Florida | National Average | |
|---|---|---|---|---|
| Overall | 116 | 98 | 100 | |
| Services | 104 | 99 | 100 | |
| Groceries | 120 | 107 | 100 | |
| Health | 105 | 98 | 100 | |
| Housing | 145 | 96 | 100 | |
| Transportation | 106 | 102 | 100 | |
| Utilities | 100 | 106 | 100 | |
North Bay Village, 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.
Median Home Value
Median Rent
Median Income
| Statistic | North Bay Village | Florida | United States |
|---|---|---|---|
| Median Home Value | $325,000 | $232,000 | $229,800 |
| Median Rent | $1,794 | $1,218 | $1,096 |
| Median Income | $69,239 | $57,703 | $64,994 |
| Home Value To Income | 4.7x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.31x | 0.25x | 0.2x |
Detailed North Bay Village Services Costs Vs. Florida
| Item | North Bay Village | Florida |
|---|---|---|
| Shampoo | $1.11 | $1.06 |
| Movie | $13.23 | $10.68 |
| Bowling | $22.13 | $14.67 |
Detailed North Bay Village Groceries Costs Vs. Florida
| Item | North Bay Village | Florida |
|---|---|---|
| Ground Beef | $4.27 | $4.22 |
| Fried Chicken | $1.73 | $1.39 |
| Milk | $3.16 | $2.05 |
Detailed North Bay Village Health Costs Vs. Florida
| Item | North Bay Village | Florida |
|---|---|---|
| Haircut | $14.37 | $18.62 |
| Beauty Salon | $70.0 | $39.05 |
| Toothpaste | $1.87 | $2.34 |
Detailed North Bay Village Transportation Costs Vs. Florida
| Item | North Bay Village | Florida |
|---|---|---|
| Potatoes | $3.86 | $3.29 |
| Pizza | $9.1 | $10.62 |
| Beer | $10.98 | $9.38 |
| Optometrist | $105.63 | $108.57 |
| Doctor | $111.06 | $116.17 |
| Dentist | $107.78 | $99.13 |
Detailed North Bay Village Utilities Costs Vs. Florida
| Item | North Bay Village | Florida |
|---|---|---|
| Gasoline | $2.24 | $2.22 |
| Tire Balancing | $60.69 | $50.07 |
| All Electricity | $162.18 | $167.67 |
| Phone | $188.17 | $175.64 |
North Bay Village SnackAbility
/10
