Housing costs in Coral Gables?
A typical home costs
$1,474,000, which is 336.0% more expensive than the national average of
$338,100 and 306.7% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Coral Gables costs
$2,900 per month, which is 85.9% more than the national average of
$1,560 and 34.8% more than the state average of
$1,890.
Can I afford Coral Gables?
To live comfortably in Coral Gables (zip 33146), Florida, a minimum annual income of
$282,600 for a family, and
$93,200 for a single person is recommended.
What does A.I. say about Coral Gables?
The cost of living in 33146 Coral Gables, FL is relatively high compared to other cities and states across the nation. The median home price for this zip code is an impressive $1.1 million, which is over three times the national median price. Additionally, rent prices are well above average, with a one-bedroom apartment costing approximately $2,000 per month on average. Groceries and utilities are also more expensive in 33146 Coral Gables than in most other areas. However, there are some benefits to living in Coral Gables that make up for these higher expenses, such as a low unemployment rate and plenty of job opportunities.