Miami-Dade County, FL Cost of Living

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Miami-Dade cost of living score
More expensive
18.9% higher
than the US average
15.3% higher
than the Florida average
Miami-Dade Flor County, Florida gets a BestPlaces Cost of Living score of 118.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.9% higher than the U.S. average and 15.3% lower than the average for Florida.

Miami-Dade County, FL

Housing costs in Miami-Dade?
A typical home costs $463,600, which is 37.1% more expensive than the national average of $338,100 and 27.9% more expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Miami-Dade costs $1,920 per month, which is 34.3% more than the national average of $1,430 and 18.8% more than the state average of $1,560.

Can I afford Miami-Dade?
To live comfortably in Miami-Dade Flor County, Florida, a minimum annual income of $88,920 for a family, and $62,000 for a single person is recommended.

What does A.I. say about Miami-Dade?
The cost of living in Miami-Dade, FL County is significantly higher than the national average. The county's median house value is more than $460,000, which is almost double the US average house value of $338,100. Additionally, the overall cost of living index for Miami-Dade is 118.9 compared to the US average of 100. This means that goods and services in Miami-Dade are 18.9% more expensive than the national average. So while living in Miami-Dade provides an excellent quality of life with lots of entertainment and cultural opportunities, it comes with a hefty price tag as well.
   Cost of living score
     CategoriesMiami-DadeFloridaUnited States

   100=National Average

   Average Rent by Bedroom Size