According to the most recent data on the cost of living, North Miami has an overall cost of living index of 100 which is 1.0x lower than the national index of 100.
Compared to only Florida, North Miami has a cost of living index that's 1.0x higher than Florida's index of 98.
The standard of living in North Miami ranks as #3,149 most affordable out of the 6,418 places we measured in Florida. By definition, that implies North Miami ranks as the #3,269 most expensive place in the Sunshine State.
Living Expense | North Miami | Florida | National Average | |
---|---|---|---|---|
Overall | 100 | 98 | 100 | |
Services | 104 | 99 | 100 | |
Groceries | 119 | 107 | 100 | |
Health | 102 | 98 | 100 | |
Housing | 94 | 96 | 100 | |
Transportation | 109 | 102 | 100 | |
Utilities | 98 | 106 | 100 |
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.
Statistic | North Miami | Florida | United States |
---|---|---|---|
Median Home Value | $232,600 | $232,000 | $229,800 |
Median Rent | $1,205 | $1,218 | $1,096 |
Median Income | $43,562 | $57,703 | $64,994 |
Home Value To Income | 5.3x | 4.0x | 3.5x |
Rent To Monthly Income | 0.33x | 0.25x | 0.2x |
Item | North Miami | Florida |
---|---|---|
Shampoo | $1.11 | $1.06 |
Movie | $13.23 | $10.68 |
Bowling | $22.13 | $14.67 |
Item | North Miami | Florida |
---|---|---|
Ground Beef | $4.27 | $4.22 |
Fried Chicken | $1.73 | $1.39 |
Milk | $3.16 | $2.05 |
Item | North Miami | Florida |
---|---|---|
Haircut | $14.37 | $18.62 |
Beauty Salon | $70.0 | $39.05 |
Toothpaste | $1.87 | $2.34 |
Item | North Miami | 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 |
Item | North Miami | Florida |
---|---|---|
Gasoline | $2.24 | $2.22 |
Tire Balancing | $60.69 | $50.07 |
All Electricity | $162.18 | $167.67 |
Phone | $188.17 | $175.64 |
City | Population | Cost Of Living | Vs. North Miami |
---|---|---|---|
Pembroke Pines, FL | 171,979 | 113 | 1.1x |
Davie, FL | 105,594 | 111 | 1.1x |
Tamiami, FL | 55,757 | 116 | 1.2x |
Coral Gables, FL | 49,937 | 164 | 1.6x |
North Miami Beach, FL | 42,824 | 101 | 1.0x |
Golden Glades, FL | 33,843 | 101 | 1.0x |
Miami Lakes, FL | 31,021 | 125 | 1.2x |
Coral Terrace, FL | 25,529 | 117 | 1.2x |
Pinewood, FL | 17,044 | 95 | 0.9x |
Sunset, FL | 14,869 | 123 | 1.2x |