North Bay Village, FL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
116
North Bay Village's Overall Cost Of Living
1.2x
Higher Than The National Average
390 out of 459
In Florida
4,558 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means North Bay Village is expensive, while a number below 100 means it's a relatively cheap place to live.

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.

For more reading on life in North Bay Village, check out:

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
For more reading on cost of living around Florida, check out:
North Bay Village Cost of Living Vs. FL

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.

$325,000
Median Home Value
$1,794
Median Rent
$69,239
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

8.5
/10
Overall SnackAbility
Jobs
8/10
Housing
9
Affordability
3
Diversity
8.5
Safety
7
Amenities
9
Education
9
Commute
4

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