Housing costs in South Miami Heights?
A typical home costs
$430,400, which is 27.3% more expensive than the national average of
$338,100 and 18.8% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in South Miami Heights costs
$1,710 per month, which is 19.6% more than the national average of
$1,430 and 8.8% more than the state average of
$1,560.
Can I afford South Miami Heights?
To live comfortably in South Miami Heights, Florida, a minimum annual income of
$82,440 for a family, and
$54,800 for a single person is recommended.
What does A.I. say about South Miami Heights?
The cost of living in South Miami Heights, FL is quite affordable compared to other parts of the state. According to BestPlaces's Cost of Living Index, South Miami Heights has an index score of 66.1, which is lower than the United States average (100) and slightly above the Florida average (63.1). Rent in this area is relatively low with prices ranging from $900 for a one-bedroom apartment to over $2000 for a three-bedroom apartment. Utilities are also priced reasonably at an average monthly cost of around $175. Overall, living in South Miami Heights is moderately priced and provides plenty of value for potential residents.