Cost of living in Doral research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Doral is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Florida, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Doral is 128, with 100 being the average.
The cost of living index in Doral is 1.3x higher than the national average.
Doral ranks as the #435 cheapest in Florida out of 459.
Doral ranks as the #5,183 cheapest out of 6,412 in the US.
The median home value in Doral is $420,300.
The median income in Doral is $77,774.
According to the most recent data on the cost of living, Doral has an overall cost of living index of 128, which is 1.3x higher than the national index of 100.
Compared to Florida, Doral has a cost of living index that's 1.3x higher than Florida's index of 101.
The standard of living in Doral ranks as #435 most affordable out of the 459 places we measured in Florida. By definition, that implies Doral ranks as the #24 most expensive place in the Sunshine State.
For more reading on life in Doral, check out:
Six factors go into calculating the cost of living index in Doral. Here is how it fairs on each of the criteria:
The Services index in Doral is 103.
The Groceries index in Doral is 119.
The Health index in Doral is 106.
The Housing index in Doral is 183.
The Transportation index in Doral is 109.
The Utilities index in Doral is 100.
Living Expense | Doral | Florida | National Average | |
---|---|---|---|---|
Overall | 128 | 101 | 100 | |
Services | 103 | 98 | 100 | |
Groceries | 119 | 101 | 100 | |
Health | 106 | 96 | 100 | |
Housing | 183 | 108 | 100 | |
Transportation | 109 | 98 | 100 | |
Utilities | 100 | 100 | 100 |
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Doral is $420,300.
The Median Rent in Doral is $2,194.
The Median Income in Doral is $77,774.
The Home Value To Income in Doral is 5.4x.
The Rent To Monthly Income in Doral is 0.34x.
Statistic | Doral | Florida | United States |
---|---|---|---|
Median Home Value | $420,300 | $248,700 | $244,900 |
Median Rent | $2,194 | $1,301 | $1,163 |
Median Income | $77,774 | $61,777 | $69,021 |
Home Value To Income | 5.4x | 4.0x | 3.5x |
Rent To Monthly Income | 0.34x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Doral. Here's a quick look at the cost of living in the most populous nearby places:
Hialeah, FL has a cost of living index of 102, 0.8x Doral.
Pembroke Pines, FL has a cost of living index of 113, 0.9x Doral.
Weston, FL has a cost of living index of 137, 1.1x Doral.
City | Population | Cost Of Living | Vs. Doral |
---|---|---|---|
Hialeah, FL | 224,362 | 102 | 0.8x |
Pembroke Pines, FL | 170,346 | 113 | 0.9x |
Weston, FL | 68,148 | 137 | 1.1x |
Fountainebleau, FL | 57,957 | 103 | 0.8x |
Tamiami, FL | 54,525 | 116 | 0.9x |
Westchester, FL | 54,238 | 116 | 0.9x |
Kendale Lakes, FL | 53,392 | 108 | 0.8x |
Coral Gables, FL | 49,269 | 164 | 1.3x |
Richmond West, FL | 37,626 | 117 | 0.9x |
Coral Terrace, FL | 25,869 | 117 | 0.9x |