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: $419,000
- 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 Miami gardens is a financially viable option for your relocation.