South Miami Heights, FL Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In South Miami Heights, FL Summary

Cost of living in South Miami Heights 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 South Miami Heights 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 South Miami Heights is 102, with 100 being the average.

  • The cost of living index in South Miami Heights is 1.0x higher than the national average.

  • South Miami Heights ranks as the #283 cheapest in Florida out of 459.

  • South Miami Heights ranks as the #3,380 cheapest out of 6,412 in the US.

  • The median home value in South Miami Heights is $282,700.

  • The median income in South Miami Heights is $52,227.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
102
South Miami Heights's Overall Cost Of Living
1.0x
Higher Than The National Average

What is the cost of living in South Miami Heights, FL?

According to the most recent data on the cost of living, South Miami Heights has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.

Compared to Florida, South Miami Heights has a cost of living index that's 1.0x higher than Florida's index of 101.

The standard of living in South Miami Heights ranks as #283 most affordable out of the 459 places we measured in Florida. By definition, that implies South Miami Heights ranks as the #176 most expensive place in the Sunshine State.

For more reading on life in South Miami Heights, check out:

283 out of 459
In Florida
3,380 out of 6,412
In America

South Miami Heights Cost Of Living Vs. Florida

Six factors go into calculating the cost of living index in South Miami Heights. Here is how it fairs on each of the criteria:

  • The Services index in South Miami Heights is 101.

  • The Groceries index in South Miami Heights is 116.

  • The Health index in South Miami Heights is 106.

  • The Housing index in South Miami Heights is 93.

  • The Transportation index in South Miami Heights is 110.

  • The Utilities index in South Miami Heights is 98.

Living Expense South Miami Heights Florida National Average
Overall 102 101 100
Services 101 98 100
Groceries 116 101 100
Health 106 96 100
Housing 93 108 100
Transportation 110 98 100
Utilities 98 100 100
For more reading on cost of living around Florida, check out:
South Miami Heights Cost of Living Vs. FL

South Miami Heights, FL Housing Cost Breakdown

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 South Miami Heights is $282,700.

  • The Median Rent in South Miami Heights is $1,259.

  • The Median Income in South Miami Heights is $52,227.

  • The Home Value To Income in South Miami Heights is 5.4x.

  • The Rent To Monthly Income in South Miami Heights is 0.29x.

Statistic South Miami Heights Florida United States
Median Home Value $282,700 $248,700 $244,900
Median Rent $1,259 $1,301 $1,163
Median Income $52,227 $61,777 $69,021
Home Value To Income 5.4x 4.0x 3.5x
Rent To Monthly Income 0.29x 0.25x 0.2x
Search Homes For Sale In South Miami Heights, FL
$282,700
Median Home Value
$1,259
Median Rent
$52,227
Median Income

South Miami Heights, FL Costs By Category

Detailed South Miami Heights Services Costs Vs. Florida

Item South Miami Heights Florida
Shampoo $1.11 $1.06
Movie $13.23 $10.68
Bowling $22.13 $14.67
Haircut $14.37 $18.62
Beauty Salon $70.0 $39.05

Detailed South Miami Heights Groceries Costs Vs. Florida

Item South Miami Heights Florida
Ground Beef $4.27 $4.22
Fried Chicken $1.73 $1.39
Milk $3.16 $2.05
Potatoes $3.86 $3.29
Pizza $9.1 $10.62
Beer $10.98 $9.38
Toothpaste $1.87 $2.34

Detailed South Miami Heights Health Costs Vs. Florida

Item South Miami Heights Florida
Optometrist $105.63 $108.57
Doctor $111.06 $116.17
Dentist $107.78 $99.13

Detailed South Miami Heights Transportation Costs Vs. Florida

Item South Miami Heights Florida
Gasoline $2.24 $2.22
Tire Balancing $60.69 $50.07

Detailed South Miami Heights Utilities Costs Vs. Florida

Item South Miami Heights Florida
All Electricity $162.18 $167.67
Phone $188.17 $175.64

South Miami Heights SnackAbility

5
/10
Overall SnackAbility
Jobs
6/10
Housing
8.5
Affordability
3
Diversity
8
Safety
N/A
Amenities
9.5
Education
5
Commute
3

Cost Of Living In Cities Around South Miami Heights

The cost of living varies in the cities and towns around South Miami Heights. 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, 1.1x South Miami Heights.

  • Kendale Lakes, FL has a cost of living index of 108, 1.1x South Miami Heights.

  • Coral Gables, FL has a cost of living index of 164, 1.6x South Miami Heights.

City Population Cost Of Living Vs. South Miami Heights
Tamiami, FL 54,525 116 1.1x
Kendale Lakes, FL 53,392 108 1.1x
Coral Gables, FL 49,269 164 1.6x
Cutler Bay, FL 44,865 113 1.1x
Richmond West, FL 37,626 117 1.1x
Princeton, FL 36,381 106 1.0x
Coral Terrace, FL 25,869 117 1.1x
Palmetto Bay, FL 24,327 141 1.4x
The Crossings, FL 22,382 116 1.1x
Country Walk, FL 18,627 122 1.2x

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