Cost of living in Hialeah 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 Hialeah 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 Hialeah is 102, with 100 being the average.
The cost of living index in Hialeah is 1.0x higher than the national average.
Hialeah ranks as the #283 cheapest in Florida out of 459.
Hialeah ranks as the #3,380 cheapest out of 6,412 in the US.
The median home value in Hialeah is $280,000.
The median income in Hialeah is $43,181.
According to the most recent data on the cost of living, Hialeah has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to Florida, Hialeah has a cost of living index that's 1.0x higher than Florida's index of 101.
The standard of living in Hialeah ranks as #283 most affordable out of the 459 places we measured in Florida. By definition, that implies Hialeah ranks as the #176 most expensive place in the Sunshine State.
For more reading on life in Hialeah, check out:
Six factors go into calculating the cost of living index in Hialeah. Here is how it fairs on each of the criteria:
The Services index in Hialeah is 103.
The Groceries index in Hialeah is 119.
The Health index in Hialeah is 103.
The Housing index in Hialeah is 96.
The Transportation index in Hialeah is 110.
The Utilities index in Hialeah is 99.
Living Expense | Hialeah | Florida | National Average | |
---|---|---|---|---|
Overall | 102 | 101 | 100 | |
Services | 103 | 98 | 100 | |
Groceries | 119 | 101 | 100 | |
Health | 103 | 96 | 100 | |
Housing | 96 | 108 | 100 | |
Transportation | 110 | 98 | 100 | |
Utilities | 99 | 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 Hialeah is $280,000.
The Median Rent in Hialeah is $1,313.
The Median Income in Hialeah is $43,181.
The Home Value To Income in Hialeah is 6.5x.
The Rent To Monthly Income in Hialeah is 0.36x.
Statistic | Hialeah | Florida | United States |
---|---|---|---|
Median Home Value | $280,000 | $248,700 | $244,900 |
Median Rent | $1,313 | $1,301 | $1,163 |
Median Income | $43,181 | $61,777 | $69,021 |
Home Value To Income | 6.5x | 4.0x | 3.5x |
Rent To Monthly Income | 0.36x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Hialeah. Here's a quick look at the cost of living in the most populous nearby places:
Pembroke Pines, FL has a cost of living index of 113, 1.1x Hialeah.
Weston, FL has a cost of living index of 137, 1.3x Hialeah.
Kendale Lakes, FL has a cost of living index of 108, 1.1x Hialeah.
City | Population | Cost Of Living | Vs. Hialeah |
---|---|---|---|
Pembroke Pines, FL | 170,346 | 113 | 1.1x |
Weston, FL | 68,148 | 137 | 1.3x |
Kendale Lakes, FL | 53,392 | 108 | 1.1x |
Coral Gables, FL | 49,269 | 164 | 1.6x |
Richmond West, FL | 37,626 | 117 | 1.1x |
West Little River, FL | 33,284 | 95 | 0.9x |
Miami Lakes, FL | 30,582 | 125 | 1.2x |
Coral Terrace, FL | 25,869 | 117 | 1.1x |
Hialeah Gardens, FL | 22,917 | 104 | 1.0x |
The Crossings, FL | 22,382 | 116 | 1.1x |