Housing costs in Cutler Bay?
A typical home costs
$480,000, which is 42.0% more expensive than the national average of
$338,100 and 32.5% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Cutler Bay costs
$1,810 per month, which is 26.6% more than the national average of
$1,430 and 13.8% more than the state average of
$1,560.
Can I afford Cutler Bay?
To live comfortably in Cutler Bay, Florida, a minimum annual income of
$91,800 for a family, and
$58,000 for a single person is recommended.
What does A.I. say about Cutler Bay?
Living in Cutler Bay, FL is an affordable option for those looking to settle down in South Florida. The cost of living index for the city is just under 105, making it slightly higher than average when compared to other cities in the US but still relatively affordable. Housing costs tend to be on the low side due to the abundance of available real estate in the area, and grocery and utility bills generally remain fairly low as well. With its warm climate and access to beaches, Cutler Bay is a great value for those looking for a place to live in South Florida.