Cost of living in Kendall 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 Kendall 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 Kendall is 123, with 100 being the average.
The cost of living index in Kendall is 1.2x higher than the national average.
Kendall ranks as the #418 cheapest in Florida out of 459.
Kendall ranks as the #4,954 cheapest out of 6,412 in the US.
The median home value in Kendall is $395,900.
The median income in Kendall is $78,868.
According to the most recent data on the cost of living, Kendall has an overall cost of living index of 123, which is 1.2x higher than the national index of 100.
Compared to Florida, Kendall has a cost of living index that's 1.2x higher than Florida's index of 101.
The standard of living in Kendall ranks as #418 most affordable out of the 459 places we measured in Florida. By definition, that implies Kendall ranks as the #41 most expensive place in the Sunshine State.
For more reading on life in Kendall, check out:
Six factors go into calculating the cost of living index in Kendall. Here is how it fairs on each of the criteria:
The Services index in Kendall is 103.
The Groceries index in Kendall is 118.
The Health index in Kendall is 104.
The Housing index in Kendall is 162.
The Transportation index in Kendall is 109.
The Utilities index in Kendall is 100.
Living Expense | Kendall | Florida | National Average | |
---|---|---|---|---|
Overall | 123 | 101 | 100 | |
Services | 103 | 98 | 100 | |
Groceries | 118 | 101 | 100 | |
Health | 104 | 96 | 100 | |
Housing | 162 | 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 Kendall is $395,900.
The Median Rent in Kendall is $1,667.
The Median Income in Kendall is $78,868.
The Home Value To Income in Kendall is 5.0x.
The Rent To Monthly Income in Kendall is 0.25x.
Statistic | Kendall | Florida | United States |
---|---|---|---|
Median Home Value | $395,900 | $248,700 | $244,900 |
Median Rent | $1,667 | $1,301 | $1,163 |
Median Income | $78,868 | $61,777 | $69,021 |
Home Value To Income | 5.0x | 4.0x | 3.5x |
Rent To Monthly Income | 0.25x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Kendall. Here's a quick look at the cost of living in the most populous nearby places:
Tamiami, FL has a cost of living index of 116, 0.9x Kendall.
Kendale Lakes, FL has a cost of living index of 108, 0.9x Kendall.
Coral Gables, FL has a cost of living index of 164, 1.3x Kendall.
City | Population | Cost Of Living | Vs. Kendall |
---|---|---|---|
Tamiami, FL | 54,525 | 116 | 0.9x |
Kendale Lakes, FL | 53,392 | 108 | 0.9x |
Coral Gables, FL | 49,269 | 164 | 1.3x |
Richmond West, FL | 37,626 | 117 | 1.0x |
Miami Lakes, FL | 30,582 | 125 | 1.0x |
Coral Terrace, FL | 25,869 | 117 | 1.0x |
Palmetto Bay, FL | 24,327 | 141 | 1.1x |
The Crossings, FL | 22,382 | 116 | 0.9x |
Country Walk, FL | 18,627 | 122 | 1.0x |
Pinecrest, FL | 18,405 | 180 | 1.5x |