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.