Housing costs in West Miami?
A typical home costs
$534,500, which is 58.1% more expensive than the national average of
$338,100 and 47.5% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in West Miami costs
$2,080 per month, which is 45.5% more than the national average of
$1,430 and 25.0% more than the state average of
$1,560.
Can I afford West Miami?
To live comfortably in West Miami, Florida, a minimum annual income of
$102,240 for a family, and
$67,200 for a single person is recommended.
What does A.I. say about West Miami?
The cost of living in West Miami, Florida is relatively affordable compared to other parts of the state and country. Housing costs are lower than the national average, with an average home costing around $236,000. Transportation costs are also lower than the national average given its proximity to major airports and convenient public transportation options. Food costs are slightly higher than the national average but still relatively inexpensive given the abundance of grocery stores, discount stores, and restaurants located nearby. Overall, West Miami is a great place for individuals or families looking for an affordable coastal lifestyle.