Housing costs in Miami Springs?
A typical home costs
$628,800, which is 86.0% more expensive than the national average of
$338,100 and 73.5% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Miami Springs costs
$1,850 per month, which is 29.4% more than the national average of
$1,430 and 15.7% more than the state average of
$1,560.
Can I afford Miami Springs?
To live comfortably in Miami Springs, Florida, a minimum annual income of
$120,600 for a family, and
$59,600 for a single person is recommended.
What does A.I. say about Miami Springs?
Miami Springs, FL is an affordable place to live, with the cost of living slightly below the national average. The median home price in Miami Springs is $335,000, which is lower than both the state average of $268,100 and the national average of $231,200. Renting a one bedroom apartment typically costs around $900 per month. Residents also benefit from low sales tax rates (7%), moderate utility costs and no income tax. In general, Miami Springs offers a great value for those looking for a comfortable lifestyle without breaking the bank.