Cost of living in Surfside 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 Surfside 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 Surfside is 158, with 100 being the average.
The cost of living index in Surfside is 1.6x higher than the national average.
Surfside ranks as the #450 cheapest in Florida out of 459.
Surfside ranks as the #5,974 cheapest out of 6,412 in the US.
The median home value in Surfside is $628,800.
The median income in Surfside is $67,544.
According to the most recent data on the cost of living, Surfside has an overall cost of living index of 158, which is 1.6x higher than the national index of 100.
Compared to Florida, Surfside has a cost of living index that's 1.6x higher than Florida's index of 101.
The standard of living in Surfside ranks as #450 most affordable out of the 459 places we measured in Florida. By definition, that implies Surfside ranks as the #9 most expensive place in the Sunshine State.
For more reading on life in Surfside, check out:
Six factors go into calculating the cost of living index in Surfside. Here is how it fairs on each of the criteria:
The Services index in Surfside is 101.
The Groceries index in Surfside is 119.
The Health index in Surfside is 104.
The Housing index in Surfside is 277.
The Transportation index in Surfside is 109.
The Utilities index in Surfside is 100.
Living Expense | Surfside | Florida | National Average | |
---|---|---|---|---|
Overall | 158 | 101 | 100 | |
Services | 101 | 98 | 100 | |
Groceries | 119 | 101 | 100 | |
Health | 104 | 96 | 100 | |
Housing | 277 | 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 Surfside is $628,800.
The Median Rent in Surfside is $1,692.
The Median Income in Surfside is $67,544.
The Home Value To Income in Surfside is 9.3x.
The Rent To Monthly Income in Surfside is 0.3x.
Statistic | Surfside | Florida | United States |
---|---|---|---|
Median Home Value | $628,800 | $248,700 | $244,900 |
Median Rent | $1,692 | $1,301 | $1,163 |
Median Income | $67,544 | $61,777 | $69,021 |
Home Value To Income | 9.3x | 4.0x | 3.5x |
Rent To Monthly Income | 0.3x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Surfside. 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, 0.7x Surfside.
Davie, FL has a cost of living index of 111, 0.7x Surfside.
Miami Beach, FL has a cost of living index of 132, 0.8x Surfside.
City | Population | Cost Of Living | Vs. Surfside |
---|---|---|---|
Pembroke Pines, FL | 170,346 | 113 | 0.7x |
Davie, FL | 104,782 | 111 | 0.7x |
Miami Beach, FL | 83,469 | 132 | 0.8x |
North Miami, FL | 60,449 | 100 | 0.6x |
Tamiami, FL | 54,525 | 116 | 0.7x |
Coral Gables, FL | 49,269 | 164 | 1.0x |
North Miami Beach, FL | 43,357 | 101 | 0.6x |
Miami Lakes, FL | 30,582 | 125 | 0.8x |
Coral Terrace, FL | 25,869 | 117 | 0.7x |
Sunny Isles Beach, FL | 22,234 | 125 | 0.8x |