Cost of Living in North miami beach, FL
Housing
The housing market plays a significant role in determining the cost of living in North miami beach, FL.
- Housing Index: Data is updating
- Median Home Price is: $287,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the provided data for North miami beach, FL, the housing market appears to be quite favorable, with a median home price of 287000. Although specific rental prices are not available, a housing index of 0.0 indicates possible stagnation or volatility in the rental segment. It's crucial to consider broader economic factors, such as job growth and local amenities, that could impact housing demand. Research neighboring areas or consider future development plans in North miami beach to assess long-term investment potential, especially if house prices remain stable over time.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in North miami beach, 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 North miami beach, 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 North miami beach is a financially viable option for your relocation.