Housing costs in Miami Beach?
A typical home costs
$384,700, which is 13.8% more expensive than the national average of
$338,100 and 6.2% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Miami Beach costs
$2,180 per month, which is 39.7% more than the national average of
$1,560 and 13.3% more than the state average of
$1,890.
Can I afford Miami Beach?
To live comfortably in Miami Beach (zip 33141), Florida, a minimum annual income of
$73,800 for a family, and
$70,000 for a single person is recommended.
What does A.I. say about Miami Beach?
The cost of living in 33141 Miami Beach, FL is high compared to other areas in the United States. Living expenses such as housing, utilities, groceries, and transportation are all expensive. For example, the median monthly rent for a one-bedroom apartment in Miami Beach is $1,900 – almost double the national average of around $1,000 a month. Additionally, food costs are on the rise with a basic grocery bill running around $150 per week for one person. Public transportation is available but can be unreliable and costly compared to other cities. In short, 33141 Miami Beach has a higher cost of living than most other places in the US.