Housing costs in North Miami?
A typical home costs
$390,300, which is 15.4% more expensive than the national average of
$338,100 and 7.7% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in North Miami costs
$1,870 per month, which is 19.9% more than the national average of
$1,560 and close to the state average of
$1,890.
Can I afford North Miami?
To live comfortably in North Miami (zip 33168), Florida, a minimum annual income of
$74,880 for a family, and
$60,000 for a single person is recommended.
What does A.I. say about North Miami?
The cost of living in 33168 North Miami, FL is relatively affordable. The median home value is $232,900 and the median rent price is $1,513 per month. Groceries are generally reasonably priced and utilities such as electricity are a bit cheaper than the national average. Transportation costs are also quite low with public transit fares ranging from just one dollar to four dollars depending on your destination. Overall, the cost of living in North Miami is quite reasonable when compared to other cities in Florida and across the country.