Sunny Isles Beach, FL Cost Of Living
Cost Of Living In Sunny Isles Beach, FL Summary
Cost of living in Sunny Isles Beach 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 Sunny Isles Beach 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 Sunny Isles Beach is 125, with 100 being the average.
The cost of living index in Sunny Isles Beach is 1.2x higher than the national average.
Sunny Isles Beach ranks as the #425 cheapest in Florida out of 459.
Sunny Isles Beach ranks as the #5,043 cheapest out of 6,412 in the US.
The median home value in Sunny Isles Beach is $363,400.
The median income in Sunny Isles Beach is $51,760.
Table Of Contents
Sunny Isles Beach's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Sunny Isles Beach, FL?
According to the most recent data on the cost of living, Sunny Isles Beach has an overall cost of living index of 125, which is 1.2x higher than the national index of 100.
Compared to Florida, Sunny Isles Beach has a cost of living index that's 1.2x higher than Florida's index of 101.
The standard of living in Sunny Isles Beach ranks as #425 most affordable out of the 459 places we measured in Florida. By definition, that implies Sunny Isles Beach ranks as the #34 most expensive place in the Sunshine State.
For more reading on life in Sunny Isles Beach, check out:
- Living In Sunny Isles Beach
- Sunny Isles Beach Crime Report
- Search Homes For Sale In Sunny Isles Beach, FL
In Florida
In America
Sunny Isles Beach Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Sunny Isles Beach. Here is how it fairs on each of the criteria:
The Services index in Sunny Isles Beach is 101.
The Groceries index in Sunny Isles Beach is 116.
The Health index in Sunny Isles Beach is 106.
The Housing index in Sunny Isles Beach is 168.
The Transportation index in Sunny Isles Beach is 107.
The Utilities index in Sunny Isles Beach is 100.
| Living Expense | Sunny Isles Beach | Florida | National Average | |
|---|---|---|---|---|
| Overall | 125 | 101 | 100 | |
| Services | 101 | 98 | 100 | |
| Groceries | 116 | 101 | 100 | |
| Health | 106 | 96 | 100 | |
| Housing | 168 | 108 | 100 | |
| Transportation | 107 | 98 | 100 | |
| Utilities | 100 | 100 | 100 | |
Sunny Isles 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 2017-2021. The key points are:
The Median Home Value in Sunny Isles Beach is $363,400.
The Median Rent in Sunny Isles Beach is $1,754.
The Median Income in Sunny Isles Beach is $51,760.
The Home Value To Income in Sunny Isles Beach is 7.0x.
The Rent To Monthly Income in Sunny Isles Beach is 0.41x.
| Statistic | Sunny Isles Beach | Florida | United States |
|---|---|---|---|
| Median Home Value | $363,400 | $248,700 | $244,900 |
| Median Rent | $1,754 | $1,301 | $1,163 |
| Median Income | $51,760 | $61,777 | $69,021 |
| Home Value To Income | 7.0x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.41x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Sunny Isles Beach, FL Costs By Category
Detailed Sunny Isles Beach Services Costs Vs. Florida
| Item | Sunny Isles Beach | Florida |
|---|---|---|
| Shampoo | $1.11 | $1.06 |
| Movie | $13.23 | $10.68 |
| Bowling | $22.13 | $14.67 |
| Haircut | $14.37 | $18.62 |
| Beauty Salon | $70.0 | $39.05 |
Detailed Sunny Isles Beach Groceries Costs Vs. Florida
| Item | Sunny Isles Beach | Florida |
|---|---|---|
| Ground Beef | $4.27 | $4.22 |
| Fried Chicken | $1.73 | $1.39 |
| Milk | $3.16 | $2.05 |
| Potatoes | $3.86 | $3.29 |
| Pizza | $9.1 | $10.62 |
| Beer | $10.98 | $9.38 |
| Toothpaste | $1.87 | $2.34 |
Detailed Sunny Isles Beach Health Costs Vs. Florida
| Item | Sunny Isles Beach | Florida |
|---|---|---|
| Optometrist | $105.63 | $108.57 |
| Doctor | $111.06 | $116.17 |
| Dentist | $107.78 | $99.13 |
Detailed Sunny Isles Beach Transportation Costs Vs. Florida
| Item | Sunny Isles Beach | Florida |
|---|---|---|
| Gasoline | $2.24 | $2.22 |
| Tire Balancing | $60.69 | $50.07 |
Detailed Sunny Isles Beach Utilities Costs Vs. Florida
| Item | Sunny Isles Beach | Florida |
|---|---|---|
| All Electricity | $162.18 | $167.67 |
| Phone | $188.17 | $175.64 |
Sunny Isles Beach SnackAbility
/10
Cost Of Living In Cities Around Sunny Isles Beach
The cost of living varies in the cities and towns around Sunny Isles 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 113, 0.9x Sunny Isles Beach.
Davie, FL has a cost of living index of 111, 0.9x Sunny Isles Beach.
North Miami, FL has a cost of living index of 100, 0.8x Sunny Isles Beach.
| City | Population | Cost Of Living | Vs. Sunny Isles Beach |
|---|---|---|---|
| Pembroke Pines, FL | 170,346 | 113 | 0.9x |
| Davie, FL | 104,782 | 111 | 0.9x |
| North Miami, FL | 60,449 | 100 | 0.8x |
| Coral Gables, FL | 49,269 | 164 | 1.3x |
| North Lauderdale, FL | 44,579 | 96 | 0.8x |
| Oakland Park, FL | 44,092 | 104 | 0.8x |
| North Miami Beach, FL | 43,357 | 101 | 0.8x |
| Hallandale Beach, FL | 41,004 | 102 | 0.8x |
| Aventura, FL | 39,734 | 122 | 1.0x |
| Miami Lakes, FL | 30,582 | 125 | 1.0x |
