Cost of living in Miramar Beach 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 Miramar Beach 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 Miramar Beach is 119, with 100 being the average.
The cost of living index in Miramar Beach is 1.2x higher than the national average.
Miramar Beach ranks as the #404 cheapest in Florida out of 459.
Miramar Beach ranks as the #4,736 cheapest out of 6,412 in the US.
The median home value in Miramar Beach is $434,300.
The median income in Miramar Beach is $75,347.
According to the most recent data on the cost of living, Miramar Beach has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to Florida, Miramar Beach has a cost of living index that's 1.2x higher than Florida's index of 101.
The standard of living in Miramar Beach ranks as #404 most affordable out of the 459 places we measured in Florida. By definition, that implies Miramar Beach ranks as the #55 most expensive place in the Sunshine State.
For more reading on life in Miramar Beach, check out:
Six factors go into calculating the cost of living index in Miramar Beach. Here is how it fairs on each of the criteria:
The Services index in Miramar Beach is 93.
The Groceries index in Miramar Beach is 98.
The Health index in Miramar Beach is 91.
The Housing index in Miramar Beach is 163.
The Transportation index in Miramar Beach is 96.
The Utilities index in Miramar Beach is 123.
Living Expense | Miramar Beach | Florida | National Average | |
---|---|---|---|---|
Overall | 119 | 101 | 100 | |
Services | 93 | 98 | 100 | |
Groceries | 98 | 101 | 100 | |
Health | 91 | 96 | 100 | |
Housing | 163 | 108 | 100 | |
Transportation | 96 | 98 | 100 | |
Utilities | 123 | 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 Miramar Beach is $434,300.
The Median Rent in Miramar Beach is $1,565.
The Median Income in Miramar Beach is $75,347.
The Home Value To Income in Miramar Beach is 5.8x.
The Rent To Monthly Income in Miramar Beach is 0.25x.
Statistic | Miramar Beach | Florida | United States |
---|---|---|---|
Median Home Value | $434,300 | $248,700 | $244,900 |
Median Rent | $1,565 | $1,301 | $1,163 |
Median Income | $75,347 | $61,777 | $69,021 |
Home Value To Income | 5.8x | 4.0x | 3.5x |
Rent To Monthly Income | 0.25x | 0.25x | 0.2x |
Item | Miramar Beach | Florida |
---|---|---|
Shampoo | $0.91 | $1.06 |
Movie | $10.11 | $10.68 |
Bowling | $13.56 | $14.67 |
Haircut | $20.99 | $18.62 |
Beauty Salon | $40.18 | $39.05 |
Item | Miramar Beach | Florida |
---|---|---|
Ground Beef | $4.78 | $4.22 |
Fried Chicken | $1.12 | $1.39 |
Milk | $2.74 | $2.05 |
Potatoes | $4.2 | $3.29 |
Pizza | $10.82 | $10.62 |
Beer | $10.29 | $9.38 |
Toothpaste | $2.54 | $2.34 |
Item | Miramar Beach | Florida |
---|---|---|
Optometrist | $67.63 | $108.57 |
Doctor | $93.0 | $116.17 |
Dentist | $100.33 | $99.13 |
Item | Miramar Beach | Florida |
---|---|---|
Gasoline | $2.29 | $2.22 |
Tire Balancing | $40.98 | $50.07 |
Item | Miramar Beach | Florida |
---|---|---|
All Electricity | $223.75 | $167.67 |
Phone | $188.77 | $175.64 |
The cost of living varies in the cities and towns around Miramar Beach. Here's a quick look at the cost of living in the most populous nearby places:
Navarre, FL has a cost of living index of 104, 0.9x Miramar Beach.
Crestview, FL has a cost of living index of 98, 0.8x Miramar Beach.
Wright, FL has a cost of living index of 97, 0.8x Miramar Beach.
City | Population | Cost Of Living | Vs. Miramar Beach |
---|---|---|---|
Navarre, FL | 38,994 | 104 | 0.9x |
Crestview, FL | 26,934 | 98 | 0.8x |
Wright, FL | 24,814 | 97 | 0.8x |
Fort Walton Beach, FL | 20,805 | 96 | 0.8x |
Lynn Haven, FL | 19,425 | 101 | 0.8x |
Upper Grand Lagoon, FL | 18,140 | 105 | 0.9x |
Niceville, FL | 15,532 | 103 | 0.9x |
Destin, FL | 13,751 | 113 | 0.9x |
Lake Lorraine, FL | 7,283 | 109 | 0.9x |