Cost of Living in Miami gardens, FL

Housing

The housing market plays a significant role in determining the cost of living in Miami gardens, FL.

• Housing Index: 115.0 / 100
• Median Home Price is: $419000
• Average Rent (2 BR Apartment): $2200 per month
• Average Rent (2 BR House): $2260 per month

Considering a move to Miami gardens, FL? With a housing index of 115.0, homebuyers may find the market to be slightly above the national average. The median home price is currently set at 419000, which indicates a healthy market but may pose challenges for first-time buyers. Renting options show an average of 2200 for a 2-bedroom apartment and 2260 for a house. This suggests that while purchasing might require a significant investment, rental options are still viable. Weighing your budget against these figures can help guide your decision!

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Miami gardens, 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.): $275 per month

Living in Miami gardens, 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 275 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 110.5

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $56071

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Miami gardens, FL, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.