Cost of Living in Miami lakes, FL
Housing
The housing market plays a significant role in determining the cost of living in Miami lakes, FL.
- Housing Index: Data is updating
- Median Home Price is: $367,500
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Miami lakes, FL? While the data indicates an intriguing housing index of 0.0, suggesting a stable market, the median home price stands at 367500, which could be a barrier for many first-time buyers. Notably, rental properties are not represented in the current data; thus, potential residents should weigh their options between buying and renting. Additionally, current industry trends show that the housing market fluctuates, so it may be wise to further research or consult a local real estate expert for updated insights before making any commitments.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Miami lakes, FL.
- Electricity Price: $13.89 USD (median by state)
- Natural Gas Price: $26.13 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Miami lakes, FL could entail higher utility costs. Electricity costs sit at $13.89, while natural gas is priced at $26.13 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Miami lakes is a financially viable option for your relocation.