Housing costs in North Miami Beach?
A typical home costs
$394,500, which is 16.7% more expensive than the national average of
$338,100 and 8.9% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in North Miami Beach costs
$1,610 per month, which is 3.2% more than the national average of
$1,560 and 17.4% cheaper than the state average of
$1,890.
Can I afford North Miami Beach?
To live comfortably in North Miami Beach (zip 33162), Florida, a minimum annual income of
$75,600 for a family, and
$52,000 for a single person is recommended.
What does A.I. say about North Miami Beach?
Living in 33162 North Miami Beach, FL can be quite expensive. The average cost of living index is estimated to be around 129.8, which is significantly higher than the national average of 100. Rent for a one bedroom apartment is an estimated $1,295 per month while the median home value is estimated to be $272,700. In addition to housing costs, goods and services are also more expensive in 33162 North Miami Beach than they are nationally. Groceries, transportation, healthcare, and utilities are all more costly than the national averages. All of this means that living in 33162 North Miami Beach can put a strain on your budget if you don't plan accordingly.