What is the cost of living in North Miami, FL?
According to the most recent data on the cost of living, North Miami 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 has a cost of living index that's 1.0x higher than Florida's index of 104.
The standard of living in North Miami ranks as #195 most affordable out of the 462 places we measured in Florida. By definition, that implies North Miami ranks as the #267 most expensive place in the Sunshine State.
For more reading on life in North Miami, check out:
North Miami Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in North Miami. Here is how it fares on each of the criteria:
The Services index in North Miami is 103.
The Groceries index in North Miami is 108.
The Health index in North Miami is 128.
The Housing index in North Miami is 98.
The Transportation index in North Miami is 113.
The Utilities index in North Miami is 103.
| Living Expense | North Miami | Florida | National Average |
|---|---|---|---|
| Overall | 108 | 104 | 100 |
| Services | 103 | 101 | 100 |
| Groceries | 108 | 105 | 100 |
| Health | 128 | 99 | 100 |
| Housing | 98 | 104 | 100 |
| Transportation | 113 | 109 | 100 |
| Utilities | 103 | 105 | 100 |
North Miami 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 Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
North Miami, 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 is $416,687.
The Median Rent in North Miami is $1,702.
The Median Income in North Miami is $57,188.
The Home Value To Income in North Miami is 7.3x.
The Rent To Monthly Income in North Miami is 0.36x.
| Statistic | North Miami | Florida | United States |
|---|---|---|---|
| Median Home Value | $416,687 | $375,661 | $332,700 |
| Median Rent | $1,702 | $1,669 | $1,413 |
| Median Income | $57,188 | $74,568 | $80,734 |
| Home Value To Income | 7.3x | 5.0x | 4.1x |
| Rent To Monthly Income | 0.36x | 0.27x | 0.21x |
North Miami, FL Costs By Category
Detailed North Miami Services costs vs. Florida
| Item | North Miami | 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 Groceries costs vs. Florida
| Item | North Miami | 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 Health costs vs. Florida
| Item | North Miami | Florida |
|---|---|---|
| Optometrist | $98.49 | $125.68 |
| Doctor | $127.08 | $135.78 |
| Dentist | $107.83 | $113.29 |
Detailed North Miami Transportation costs vs. Florida
| Item | North Miami | Florida |
|---|---|---|
| Gasoline | $3.49 | $3.46 |
| Tire Balancing | $64.09 | $59.92 |
Detailed North Miami Utilities costs vs. Florida
| Item | North Miami | Florida |
|---|---|---|
| All Electricity | $200.94 | $193.99 |
| Phone | $194.37 | $192.25 |
North Miami SnackAbility
Cost Of Living In Cities Around North Miami
The cost of living varies in the cities and towns around North Miami. 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.
Davie, FL has a cost of living index of 128, 1.2x North Miami.
Coral Gables, FL has a cost of living index of 191, 1.8x North Miami.
| City | Population | Cost Of Living | Vs. North Miami |
|---|---|---|---|
| Pembroke Pines, FL | 173,194 | 124 | 1.1x |
| Davie, FL | 108,346 | 128 | 1.2x |
| Coral Gables, FL | 49,802 | 191 | 1.8x |
| Tamiami, FL | 49,752 | 126 | 1.2x |
| North Miami Beach, FL | 43,898 | 108 | 1.0x |
| Miami Lakes, FL | 31,553 | 134 | 1.2x |
| Coral Terrace, FL | 24,895 | 128 | 1.2x |
| Pinewood, FL | 18,114 | 109 | 1.0x |
| Key Biscayne, FL | 14,791 | 270 | 2.5x |
| Sunset, FL | 13,535 | 135 | 1.2x |
