What is the cost of living in North Miami Beach, FL?
According to the most recent data on the cost of living, North Miami Beach has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Florida, North Miami Beach has a cost of living index that's 1.0x higher than Florida's index of 104.
The standard of living in North Miami Beach ranks as #195 most affordable out of the 462 places we measured in Florida. By definition, that implies North Miami Beach ranks as the #267 most expensive place in the Sunshine State.
For more reading on life in North Miami Beach, check out:
North Miami Beach Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in North Miami Beach. Here is how it fares on each of the criteria:
The Services index in North Miami Beach is 103.
The Groceries index in North Miami Beach is 107.
The Health index in North Miami Beach is 121.
The Housing index in North Miami Beach is 101.
The Transportation index in North Miami Beach is 110.
The Utilities index in North Miami Beach is 104.
| Living Expense | North Miami Beach | Florida | National Average |
|---|---|---|---|
| Overall | 108 | 104 | 100 |
| Services | 103 | 101 | 100 |
| Groceries | 107 | 105 | 100 |
| Health | 121 | 99 | 100 |
| Housing | 101 | 104 | 100 |
| Transportation | 110 | 109 | 100 |
| Utilities | 104 | 105 | 100 |
North Miami Beach Cost Of Living Compared To Florida Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Florida, check out:
Protect your home budget Compare home warranties in North Miami Beach Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
North Miami Beach, FL Housing Cost Breakdown
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 North Miami Beach is $447,840.
The Median Rent in North Miami Beach is $1,750.
The Median Income in North Miami Beach is $63,280.
The Home Value To Income in North Miami Beach is 7.1x.
The Rent To Monthly Income in North Miami Beach is 0.33x.
| Statistic | North Miami Beach | Florida | United States |
|---|---|---|---|
| Median Home Value | $447,840 | $375,661 | $332,700 |
| Median Rent | $1,750 | $1,669 | $1,413 |
| Median Income | $63,280 | $74,568 | $80,734 |
| Home Value To Income | 7.1x | 5.0x | 4.1x |
| Rent To Monthly Income | 0.33x | 0.27x | 0.21x |
North Miami Beach, FL Costs By Category
Detailed North Miami Beach Services costs vs. Florida
| Item | North Miami Beach | 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 North Miami Beach Groceries costs vs. Florida
| Item | North Miami Beach | 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 North Miami Beach Health costs vs. Florida
| Item | North Miami Beach | Florida |
|---|---|---|
| Optometrist | $98.49 | $125.68 |
| Doctor | $127.08 | $135.78 |
| Dentist | $107.83 | $113.29 |
Detailed North Miami Beach Transportation costs vs. Florida
| Item | North Miami Beach | Florida |
|---|---|---|
| Gasoline | $3.49 | $3.46 |
| Tire Balancing | $64.09 | $59.92 |
Detailed North Miami Beach Utilities costs vs. Florida
| Item | North Miami Beach | Florida |
|---|---|---|
| All Electricity | $200.94 | $193.99 |
| Phone | $194.37 | $192.25 |
North Miami Beach SnackAbility
Cost Of Living In Cities Around North Miami Beach
The cost of living varies in the cities and towns around North Miami Beach. Here's a quick look at the cost of living in the most populous nearby places:
Pembroke Pines, FL has a cost of living index of 124, 1.1x North Miami Beach.
Davie, FL has a cost of living index of 128, 1.2x North Miami Beach.
Weston, FL has a cost of living index of 153, 1.4x North Miami Beach.
| City | Population | Cost Of Living | Vs. North Miami Beach |
|---|---|---|---|
| Pembroke Pines, FL | 173,194 | 124 | 1.1x |
| Davie, FL | 108,346 | 128 | 1.2x |
| Weston, FL | 68,837 | 153 | 1.4x |
| North Miami, FL | 60,344 | 108 | 1.0x |
| Coral Gables, FL | 49,802 | 191 | 1.8x |
| Tamiami, FL | 49,752 | 126 | 1.2x |
| Aventura, FL | 39,885 | 133 | 1.2x |
| Miami Lakes, FL | 31,553 | 134 | 1.2x |
| Ives Estates, FL | 28,506 | 107 | 1.0x |
| Coral Terrace, FL | 24,895 | 128 | 1.2x |
