South Miami Heights, FL Cost Of Living
Cost Of Living In South Miami Heights, FL Summary
Cost of living in South Miami Heights research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means South Miami Heights is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Florida, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in South Miami Heights is 112, with 100 being the average.
The cost of living index in South Miami Heights is 1.1x higher than the national average.
South Miami Heights ranks as the #300 cheapest in Florida out of 459.
South Miami Heights ranks as the #3,863 cheapest out of 6,489 in the US.
The median home value in South Miami Heights is $414,192.
The median income in South Miami Heights is $64,657.
Table Of Contents
South Miami Heights's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in South Miami Heights, FL?
According to the most recent data on the cost of living, South Miami Heights has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.
Compared to Florida, South Miami Heights has a cost of living index that's 1.2x higher than Florida's index of 97.
The standard of living in South Miami Heights ranks as #300 most affordable out of the 459 places we measured in Florida. By definition, that implies South Miami Heights ranks as the #159 most expensive place in the Sunshine State.
For more reading on life in South Miami Heights, check out:
In Florida
In America
South Miami Heights Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in South Miami Heights. Here is how it fairs on each of the criteria:
The Services index in South Miami Heights is 107.
The Groceries index in South Miami Heights is 106.
The Health index in South Miami Heights is 97.
The Housing index in South Miami Heights is 137.
The Transportation index in South Miami Heights is 105.
The Utilities index in South Miami Heights is 103.
| Living Expense | South Miami Heights | Florida | National Average | |
|---|---|---|---|---|
| Overall | 112 | 97 | 100 | |
| Services | 107 | 96 | 100 | |
| Groceries | 106 | 99 | 100 | |
| Health | 97 | 98 | 100 | |
| Housing | 137 | 96 | 100 | |
| Transportation | 105 | 97 | 100 | |
| Utilities | 103 | 95 | 100 | |
South Miami Heights, 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 2019-2023. The key points are:
The Median Home Value in South Miami Heights is $414,192.
The Median Rent in South Miami Heights is $1,442.
The Median Income in South Miami Heights is $64,657.
The Home Value To Income in South Miami Heights is 6.4x.
The Rent To Monthly Income in South Miami Heights is 0.27x.
| Statistic | South Miami Heights | Florida | United States |
|---|---|---|---|
| Median Home Value | $414,192 | $377,066 | $303,400 |
| Median Rent | $1,442 | $1,564 | $1,348 |
| Median Income | $64,657 | $71,711 | $78,538 |
| Home Value To Income | 6.4x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.27x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
South Miami Heights, FL Costs By Category
Detailed South Miami Heights Services Costs Vs. Florida
| Item | South Miami Heights | 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 South Miami Heights Groceries Costs Vs. Florida
| Item | South Miami Heights | 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 South Miami Heights Health Costs Vs. Florida
| Item | South Miami Heights | Florida |
|---|---|---|
| Optometrist | $98.49 | $125.68 |
| Doctor | $127.08 | $135.78 |
| Dentist | $107.83 | $113.29 |
Detailed South Miami Heights Transportation Costs Vs. Florida
| Item | South Miami Heights | Florida |
|---|---|---|
| Gasoline | $3.49 | $3.46 |
| Tire Balancing | $64.09 | $59.92 |
Detailed South Miami Heights Utilities Costs Vs. Florida
| Item | South Miami Heights | Florida |
|---|---|---|
| All Electricity | $200.94 | $193.99 |
| Phone | $194.37 | $192.25 |
South Miami Heights SnackAbility
/10
Cost Of Living In Cities Around South Miami Heights
The cost of living varies in the cities and towns around South Miami Heights. Here's a quick look at the cost of living in the most populous nearby places:
Kendale Lakes, FL has a cost of living index of 118, 1.1x South Miami Heights.
Tamiami, FL has a cost of living index of 124, 1.1x South Miami Heights.
Coral Gables, FL has a cost of living index of 188, 1.7x South Miami Heights.
| City | Population | Cost Of Living | Vs. South Miami Heights |
|---|---|---|---|
| Kendale Lakes, FL | 52,141 | 118 | 1.1x |
| Tamiami, FL | 51,201 | 124 | 1.1x |
| Coral Gables, FL | 49,243 | 188 | 1.7x |
| Cutler Bay, FL | 44,483 | 124 | 1.1x |
| Princeton, FL | 41,476 | 117 | 1.0x |
| Richmond West, FL | 35,988 | 132 | 1.2x |
| Palmetto Bay, FL | 24,247 | 151 | 1.3x |
| Coral Terrace, FL | 24,051 | 128 | 1.1x |
| The Crossings, FL | 22,359 | 125 | 1.1x |
| Country Walk, FL | 18,693 | 133 | 1.2x |
