North miami beach, FL β€” Cost of Living & Relocation Guide

Population: 43,023

πŸ“ Some data sourced from nearby metro area

114.9
Cost of Living
$56,122
Median Income
$545,000
Home Price

About North miami beach, FL

Welcome to our comprehensive guide to North miami beach, FL. With a population of 43,023, North miami beach features a cost of living index of 114.9 (14.9% above the national average of 100). The local economy supports a median household income of $56,122 (25% below the national average), while the real estate market offers homes at a median price of $545,000.

Explore our detailed crime and safety data (51% above the national average), school ratings, tax information, and climate data below. Compare North miami beach with Palm Beach or other cities.

πŸ“… Data last updated: February 2026 | Sources: U.S. Census Bureau ACS, FBI UCR, BLS

North miami beach, FL Quick Facts & Key Statistics

Cost of Living
114.9
↑ Above avg
US avg: 100
Population
43,023
Residents
Crime Rate
34.63
↑ Above avg
per 1,000 | US avg: 23.0
Median Income
$56,122
↓ Below avg
US avg: $75,000
Median Home Price
$545,000
↑ Above avg
US avg: $420,000
Average Rent
$4,878.91
↑ Above avg
/month | US avg: $1,405
Poverty Rate
13%
↑ Above avg
US avg: 11.5%
Unemployment
2.7%
↓ Below avg
US avg: 3.7%

πŸ’‘City Insights

North miami beach scores 3/10 for affordability, 3/10 for safety, and 3/10 for family-friendliness β€” an challenging overall profile. However, family-friendliness is a weaker area that prospective residents should consider carefully.

πŸ’°
Affordability
3/10
πŸ›‘οΈ
Safety
3/10
πŸ‘¨β€πŸ‘©β€πŸ‘§β€πŸ‘¦
Family-Friendly
3/10
πŸ’Ό
Career Opportunities
7/10
🌳
Outdoor Activities
4/10
βœ“ Best for: General residents
⚠ Consider: Higher than average crime rates, High housing costs relative to income, Limited healthcare facilities

Living in North miami beach, FL

North Miami Beach, located in Miami-Dade County, Florida, is a vibrant coastal city known for its diverse community, beautiful parks, and access to stunning beaches. Situated just north of Miami, it boasts a blend of suburban tranquility and urban amenities. The city features a rich cultural scene with various events, festivals, and a range of dining options reflecting its multicultural population. The city's picturesque coastline along the Atlantic Ocean provides opportunities for water sports, fishing, and relaxation. Notable parks, such as Greynolds Park and the North Miami Beach Historical Museum, offer recreational activities and insight into the area’s history. North Miami Beach is also home to several shopping centers, including the Intracoastal Mall, offering a mix of retail, dining, and entertainment. The city is well-connected via major roadways and public transportation, making it accessible for residents and visitors alike. With a warm climate year-round, numerous outdoor activities, and a family-friendly atmosphere, North Miami Beach is an appealing destination for those seeking a blend of leisure and suburban life in South Florida.

How North miami beach Compares

Cost of Living
114.9 US: 100
Home Price
$545,000 US: $420K
Median Income
$56,122 US: $75K
Crime Rate
34.63 US: 23
Unemployment
2.7% US: 3.7%

Black line indicates US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $56,122.

🏠

Income Needed to Buy

βœ— Stretch
$171k/year
Based on $545,000 median home price
Assumes 30-year mortgage at 7% with 20% down
🏒

Income Needed to Rent

⚠ Stretch
$209k/year
Based on $4878.91/month average rent
Annual income where rent = 28% of gross
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Pros & Cons of Moving to North miami beach, FL

βœ“

Pros

  • β€’ Close to Miami attractions
  • β€’ Diverse community culture
  • β€’ Active outdoor lifestyle
  • β€’ Great beaches and parks
  • β€’ Various kids' activities
  • β€’ Vibrant nightlife options
  • β€’ Public transportation available
  • β€’ Growing job market opportunities
  • β€’ Strong local restaurants
  • β€’ Mild winter weather
βœ—

Cons

  • β€’ High crime rates reported
  • β€’ Economic disparities present
  • β€’ Often expensive housing
  • β€’ Humidity can be uncomfortable
  • β€’ Hurricanes are a risk
  • β€’ Seasonal tourist crowds
  • β€’ Public schools have mixed ratings
  • β€’ Traffic can be congested
  • β€’ Racism noted by some
  • β€’ Limited cultural events

Frequently Asked Questions

What is the cost of living in North miami beach, FL? β–Ό

The cost of living in North miami beach, FL is 15% higher than the national average, with a cost of living index of 115 (where 100 represents the U.S. average). Housing typically accounts for the largest portion of living expenses. See full cost of living breakdown β†’

How much does it cost to buy or rent a home in North miami beach, FL? β–Ό

In North miami beach, FL, The median home price is $545,000. requiring approximately $159,643 annual income to afford. Average rent is $4,879/month (requiring ~$195,156/year income). The local median household income is $56,122, making homeownership challenging for typical residents. Explore North miami beach real estate data β†’

Is North miami beach, FL a safe place to live? β–Ό

North miami beach, FL is average in terms of safety, with crime rates near the national average. The crime rate is 34.6 per 1,000 residents. Safety varies significantly by neighborhood. View detailed North miami beach crime statistics β†’

What salary do you need to live comfortably in North miami beach, FL? β–Ό

To live comfortably in North miami beach, FL and afford a median-priced home of $545,000, you would typically need a household income of $136,250 to $170,312 per year. The local median household income is $56,122. Renting requires approximately $195,156/year (at $4,879/month). See full affordability analysis β†’

What are the job opportunities like in North miami beach, FL? β–Ό

North miami beach, FL has an unemployment rate of 2.7%, which is below the national average of 3.7%. The median household income is $56,122, suggesting moderate local economic conditions. View North miami beach employment & demographics β†’

Is North miami beach, FL growing? β–Ό

North miami beach, FL has a population of 43,023. As a smaller community, population trends depend on local housing development, job growth, and quality of life factors. The higher cost housing market and competitive job market shape migration patterns. See North miami beach population demographics β†’

What are the best neighborhoods in North miami beach, FL? β–Ό

The best neighborhoods in North miami beach, FL depend on your priorities. For families, look for areas near top-rated schools with lower crime rates. For affordability, neighborhoods farther from the city center tend to offer more affordable options. Explore North miami beach on our interactive map β†’

What is the commute like in North miami beach, FL? β–Ό

Commute times in North miami beach, FL vary by neighborhood and workplace location. As a smaller community, residents typically drive, as public transit is limited. The moderate cost of living may allow for housing closer to employment centers. Explore commute times on our map β†’

How are the taxes in North miami beach, FL? β–Ό

Tax rates in North miami beach, FL include state and local components. The cost of living index of 115 indicates a higher cost environment compared to the national average. View detailed North miami beach tax information β†’

How does North miami beach, FL compare to Palm Beach? β–Ό

North miami beach, FL offers comparable costs to nearby communities. With a cost of living index of 115, median home prices of $545,000, and a crime rate of 34.63 per 1,000 residents, you can compare these metrics side-by-side. Compare North miami beach vs Palm Beach β†’

What is the weather like in North miami beach, FL? β–Ό

Weather in North miami beach, FL varies by season. Climate data varies by season. View detailed North miami beach climate & environment data β†’

Explore North miami beach in Detail

πŸ“… Last Updated: February 2026

Sources: U.S. Census Bureau (ACS), FBI Uniform Crime Reports, Bureau of Labor Statistics

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