Living in the Sunshine State is worth every penny with its near-perfect weather, top-notch beaches, and world-renowned theme parks.
But which places in Florida are the most expensive?
It turns out that the priciest places in Florida are in one of two places: the Florida Keys and around Miami.
How’d we land on these cities being the costliest in the Sunshine State? We used Saturday Night Science to compare the cost of living in the 220 cities in Florida with a population of at least 5,000. We also looked at data on the average home price from Zillow and the ratios of home price and rent to income using data from the American Community Survey.
Get ready; the data shows you need to earn at least $88,938/year to live in these fancy Florida towns.
Table Of Contents: Top Ten | Methodology | Summary | Table
The 10 Most Expensive Places To Live In Florida For 2025
What’s the most expensive place to live in Florida? Well, HomeSnacks crunched the numbers and discovered that Key Biscayne is the most expensive place to live in Florida.
Palatka (the cheapest place to live in Florida) can show these guys how to live on a budget in the coming years. Read on for how these places had costs rise faster than inflation.
And if you already knew these places were expensive, check out some more reading about Florida and the most expensive cities in the country:
The 10 Most Expensive Places To Live In Florida For 2025
/10
Population: 14,560
Cost Of Living Index: 217
Median Income: $172,604
Average Home Price: $1,238,700
Home Price To Income Ratio: 7.2x
More on Key Biscayne: Data
The overall cost of living in Key Biscayne is 217. The median income in Key Biscayne comes in at $172,604 and the average home value is $1,238,700 for 2025.
/10
Population: 9,234
Cost Of Living Index: 196
Median Income: $175,078
Average Home Price: $1,996,700
Home Price To Income Ratio: 11.4x
More on Palm Beach: Data
The overall cost of living in Palm Beach is 196. The median income in Palm Beach comes in at $175,078 and the average home value is $1,996,700 for 2025.
/10
Population: 18,138
Cost Of Living Index: 186
Median Income: $192,477
Average Home Price: $1,179,400
Home Price To Income Ratio: 6.1x
More on Pinecrest: Data
The overall cost of living in Pinecrest is 186. The median income in Pinecrest comes in at $192,477 and the average home value is $1,179,400 for 2025.
/10
Population: 19,421
Cost Of Living Index: 172
Median Income: $140,833
Average Home Price: $1,254,200
Home Price To Income Ratio: 8.9x
More on Naples: Data
The overall cost of living in Naples is 172. The median income in Naples comes in at $140,833 and the average home value is $1,254,200 for 2025.
/10
Population: 7,569
Cost Of Living Index: 168
Median Income: $157,390
Average Home Price: $841,900
Home Price To Income Ratio: 5.3x
More on Southwest Ranches: Data
The overall cost of living in Southwest Ranches is 168. The median income in Southwest Ranches comes in at $157,390 and the average home value is $841,900 for 2025.
/10
Population: 49,243
Cost Of Living Index: 167
Median Income: $130,803
Average Home Price: $1,007,500
Home Price To Income Ratio: 7.7x
More on Coral Gables: Data
The overall cost of living in Coral Gables is 167. The median income in Coral Gables comes in at $130,803 and the average home value is $1,007,500 for 2025.
/10
Population: 6,402
Cost Of Living Index: 165
Median Income: $122,730
Average Home Price: $912,200
Home Price To Income Ratio: 7.4x
More on Sanibel: Data
The overall cost of living in Sanibel is 165. The median income in Sanibel comes in at $122,730 and the average home value is $912,200 for 2025.
/10
Population: 5,566
Cost Of Living Index: 161
Median Income: $88,938
Average Home Price: $736,800
Home Price To Income Ratio: 8.3x
More on Surfside: Data
The overall cost of living in Surfside is 161. The median income in Surfside comes in at $88,938 and the average home value is $736,800 for 2025.
/10
Population: 35,799
Cost Of Living Index: 157
Median Income: $200,156
Average Home Price: $896,300
Home Price To Income Ratio: 4.5x
More on Parkland: Data
The overall cost of living in Parkland is 157. The median income in Parkland comes in at $200,156 and the average home value is $896,300 for 2025.
/10
Population: 7,512
Cost Of Living Index: 157
Median Income: $143,365
Average Home Price: $959,200
Home Price To Income Ratio: 6.7x
More on Longboat Key: Data
The overall cost of living in Longboat Key is 157. The median income in Longboat Key comes in at $143,365 and the average home value is $959,200 for 2025.
Methodology: How We Determined The Most Expensive Places To Live In The Sunshine State For 2025
The two most important things to think about when it comes to being able to afford a city in Florida are:
- How much money do I make?
- How much do I have to spend to live there?
You need to understand your costs in the context of how much money you make.
For example, if the median household earns $100,000 and spends $40,000 on housing, it’s actually cheaper to live there than a place with a median income of $50,000 and housing costs of $21,000. You might spend more on housing, but you have more money overall to play with.
With that example in mind, we derived several statistics from the latest Census American Community Survey 2019-2023 around incomes and costs. They are:
- Overall Cost Of Living Index
- Median Home Price / Median Income (lower is better)
- Median Income / Median Rent (Higher is better)
- Median Home Price
You can then compare these metrics in each of the places in Florida to figure out which is the most expensive.
You are left with a “Cost of Living Index” by taking the average rank of each of these metrics for each city.
So we used that cost of living index to rank all of the 220 places in Florida that have more than 5,000 people.
The place with the highest cost of living in Florida according to the data is Key Biscayne. We updated this article for 2025. This article is our tenth time ranking the most expensive places to live in Florida.
Summary: Taking A Chunk Out Of Your Paycheck In Florida For 2025
Well, there you have it, the places in Florida that have the highest cost of living, with Key Biscayne ranking as the most expensive city in the Sunshine State.
The most expensive cities in Florida are Key Biscayne, Palm Beach, Pinecrest, Naples, Southwest Ranches, Coral Gables, Sanibel, Surfside, Parkland, and Longboat Key.
Here’s a look at the most affordable cities in Florida according to the data:
- Palatka
- Belleview
- Perry
For more Florida reading, check out:
- Best Places To Live In Florida
- Cheapest Places To Live In Florida
- Most Dangerous Places In Florida
- Best Places To Raise A Family In Florida
- Safest Places In Florida
- Worst Places To Live In Florida
Most Expensive Cities In Florida
| Rank | City | Cost Of Living | Population | Median Income | Average Home Price | Home/Income Ratio |
|---|---|---|---|---|---|---|
| 1 | Key Biscayne | 217 | 14,560 | $172,604 | $1,238,700 | 7.2x |
| 2 | Palm Beach | 196 | 9,234 | $175,078 | $1,996,700 | 11.4x |
| 3 | Pinecrest | 186 | 18,138 | $192,477 | $1,179,400 | 6.1x |
| 4 | Naples | 172 | 19,421 | $140,833 | $1,254,200 | 8.9x |
| 5 | Southwest Ranches | 168 | 7,569 | $157,390 | $841,900 | 5.3x |
| 6 | Coral Gables | 167 | 49,243 | $130,803 | $1,007,500 | 7.7x |
| 7 | Sanibel | 165 | 6,402 | $122,730 | $912,200 | 7.4x |
| 8 | Surfside | 161 | 5,566 | $88,938 | $736,800 | 8.3x |
| 9 | Parkland | 157 | 35,799 | $200,156 | $896,300 | 4.5x |
| 10 | Longboat Key | 157 | 7,512 | $143,365 | $959,200 | 6.7x |
| 11 | Key West | 145 | 25,824 | $78,532 | $816,300 | 10.4x |
| 12 | Weston | 142 | 67,952 | $140,501 | $644,100 | 4.6x |
| 13 | Marco Island | 142 | 15,998 | $104,105 | $866,200 | 8.3x |
| 14 | Miami Shores | 142 | 11,627 | $137,873 | $788,600 | 5.7x |
| 15 | Palmetto Bay | 141 | 24,247 | $143,368 | $787,000 | 5.5x |
| 16 | Miami Beach | 134 | 81,319 | $67,014 | $542,000 | 8.1x |
| 17 | Boca Raton | 133 | 98,833 | $102,722 | $660,100 | 6.4x |
| 18 | Doral | 133 | 76,490 | $88,474 | $514,600 | 5.8x |
| 19 | Lighthouse Point | 132 | 10,463 | $92,268 | $667,000 | 7.2x |
| 20 | South Miami | 131 | 11,926 | $88,313 | $736,900 | 8.3x |
| 21 | Lauderdale-by-the-Sea | 131 | 6,159 | $81,020 | $626,100 | 7.7x |
| 22 | Cooper City | 130 | 34,166 | $122,565 | $555,800 | 4.5x |
| 23 | Miami Lakes | 129 | 30,731 | $97,255 | $577,300 | 5.9x |
| 24 | Wellington | 128 | 61,497 | $110,294 | $557,100 | 5.1x |
| 25 | Sunny Isles Beach | 128 | 22,125 | $59,124 | $489,700 | 8.3x |
| 26 | Marathon | 127 | 9,831 | $80,556 | $683,700 | 8.5x |
| 27 | Palm Beach Gardens | 126 | 59,751 | $110,563 | $554,300 | 5.0x |
| 28 | Bay Harbor Islands | 126 | 5,793 | $84,750 | $542,700 | 6.4x |
| 29 | Aventura | 124 | 39,372 | $82,777 | $416,300 | 5.0x |
| 30 | Gulf Breeze | 124 | 6,519 | $108,575 | $484,800 | 4.5x |
| 31 | Fort Myers Beach | 124 | 5,548 | $90,833 | $611,600 | 6.7x |
| 32 | Winter Park | 122 | 29,929 | $98,076 | $676,800 | 6.9x |
| 33 | Plantation | 121 | 94,002 | $87,077 | $447,700 | 5.1x |
| 34 | Treasure Island | 121 | 6,568 | $82,340 | $573,500 | 7.0x |
| 35 | Coral Springs | 120 | 133,962 | $90,643 | $502,700 | 5.5x |
| 36 | St. Pete Beach | 120 | 8,832 | $108,931 | $639,900 | 5.9x |
| 37 | Lake Mary | 119 | 16,724 | $116,944 | $462,200 | 4.0x |
| 38 | Miami Springs | 119 | 13,606 | $88,705 | $504,000 | 5.7x |
| 39 | North Bay Village | 119 | 8,004 | $80,761 | $448,000 | 5.5x |
| 40 | Fort Lauderdale | 118 | 183,032 | $79,935 | $455,600 | 5.7x |
| 41 | Jupiter | 118 | 61,097 | $109,109 | $555,500 | 5.1x |
| 42 | Maitland | 118 | 19,268 | $93,318 | $526,400 | 5.6x |
| 43 | Tequesta | 118 | 6,118 | $103,036 | $570,400 | 5.5x |
| 44 | North Palm Beach | 117 | 13,089 | $91,042 | $456,700 | 5.0x |
| 45 | Wilton Manors | 116 | 11,403 | $79,390 | $508,300 | 6.4x |
| 46 | Punta Gorda | 115 | 19,886 | $79,291 | $482,300 | 6.1x |
| 47 | West Miami | 115 | 7,077 | $56,509 | $436,700 | 7.7x |
| 48 | Belle Isle | 115 | 7,053 | $111,875 | $474,700 | 4.2x |
| 49 | St. Augustine Beach | 115 | 6,819 | $92,661 | $590,100 | 6.4x |
| 50 | Miami | 114 | 446,663 | $59,390 | $475,200 | 8.0x |
| 51 | Miramar | 114 | 135,986 | $86,109 | $420,300 | 4.9x |
| 52 | Cutler Bay | 114 | 44,483 | $82,155 | $420,800 | 5.1x |
| 53 | Royal Palm Beach | 114 | 39,089 | $92,382 | $389,300 | 4.2x |
| 54 | Atlantic Beach | 114 | 13,353 | $103,288 | $565,500 | 5.5x |
| 55 | Neptune Beach | 114 | 7,199 | $111,025 | $613,500 | 5.5x |
| 56 | Pembroke Pines | 113 | 170,557 | $81,675 | $411,700 | 5.0x |
| 57 | Davie | 113 | 106,412 | $87,171 | $433,600 | 5.0x |
| 58 | Oviedo | 113 | 39,990 | $114,092 | $428,500 | 3.8x |
| 59 | Cocoa Beach | 113 | 11,341 | $82,381 | $451,800 | 5.5x |
| 60 | Bonita Springs | 112 | 54,830 | $90,486 | $460,600 | 5.1x |
| 61 | Destin | 112 | 14,018 | $89,141 | $455,100 | 5.1x |
| 62 | Jacksonville Beach | 110 | 23,601 | $115,825 | $523,600 | 4.5x |
| 63 | Delray Beach | 109 | 66,940 | $79,393 | $386,700 | 4.9x |
| 64 | Winter Garden | 109 | 47,182 | $106,371 | $428,200 | 4.0x |
| 65 | Fernandina Beach | 109 | 13,239 | $92,535 | $483,700 | 5.2x |
| 66 | Daytona Beach Shores | 109 | 5,139 | $70,911 | $410,800 | 5.8x |
| 67 | Safety Harbor | 108 | 17,040 | $105,813 | $433,300 | 4.1x |
| 68 | Satellite Beach | 108 | 11,250 | $115,684 | $459,800 | 4.0x |
| 69 | Indian Harbour Beach | 108 | 8,991 | $98,046 | $387,400 | 4.0x |
| 70 | West Palm Beach | 107 | 119,508 | $69,261 | $369,800 | 5.3x |
| 71 | Dania Beach | 107 | 31,739 | $50,948 | $296,100 | 5.8x |
| 72 | Sunrise | 106 | 96,633 | $72,107 | $328,700 | 4.6x |
| 73 | North Miami | 106 | 59,429 | $51,909 | $326,300 | 6.3x |
| 74 | Winter Springs | 106 | 38,448 | $86,332 | $342,400 | 4.0x |
| 75 | Hollywood | 105 | 152,935 | $65,359 | $374,200 | 5.7x |
| 76 | Homestead | 105 | 80,725 | $61,975 | $346,500 | 5.6x |
| 77 | Clermont | 105 | 44,984 | $79,789 | $368,600 | 4.6x |
| 78 | Hallandale Beach | 105 | 41,224 | $48,518 | $256,900 | 5.3x |
| 79 | Coconut Creek | 104 | 57,587 | $75,516 | $291,000 | 3.9x |
| 80 | Ocoee | 104 | 47,885 | $93,292 | $368,900 | 4.0x |
| 81 | North Miami Beach | 104 | 43,104 | $57,633 | $317,800 | 5.5x |
| 82 | Hialeah Gardens | 104 | 22,634 | $60,855 | $319,200 | 5.2x |
| 83 | Mount Dora | 104 | 16,812 | $69,931 | $316,100 | 4.5x |
| 84 | Flagler Beach | 104 | 5,250 | $81,193 | $496,800 | 6.1x |
| 85 | Hialeah | 103 | 221,901 | $53,079 | $359,200 | 6.8x |
| 86 | Cape Coral | 103 | 206,387 | $76,062 | $339,200 | 4.5x |
| 87 | Pompano Beach | 103 | 112,212 | $63,832 | $321,900 | 5.0x |
| 88 | Boynton Beach | 103 | 80,601 | $71,378 | $312,700 | 4.4x |
| 89 | Tamarac | 103 | 71,887 | $59,216 | $259,100 | 4.4x |
| 90 | Venice | 103 | 26,467 | $74,340 | $381,400 | 5.1x |
| 91 | Lantana | 103 | 11,845 | $69,677 | $374,800 | 5.4x |
| 92 | Miami Gardens | 102 | 111,264 | $60,979 | $337,200 | 5.5x |
| 93 | Sarasota | 102 | 56,218 | $70,065 | $409,700 | 5.8x |
| 94 | Apopka | 102 | 56,202 | $95,703 | $364,300 | 3.8x |
| 95 | Oakland Park | 102 | 44,015 | $68,424 | $352,600 | 5.2x |
| 96 | Riviera Beach | 102 | 38,032 | $62,152 | $311,900 | 5.0x |
| 97 | New Smyrna Beach | 102 | 31,212 | $78,373 | $365,900 | 4.7x |
| 98 | West Melbourne | 102 | 27,643 | $90,521 | $341,500 | 3.8x |
| 99 | Niceville | 102 | 16,043 | $96,611 | $381,700 | 4.0x |
| 100 | St. Augustine | 102 | 14,979 | $80,473 | $409,200 | 5.1x |