Cost of living in Tamiami 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 Tamiami 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 Tamiami is 116, with 100 being the average.
The cost of living index in Tamiami is 1.2x higher than the national average.
Tamiami ranks as the #390 cheapest in Florida out of 459.
Tamiami ranks as the #4,558 cheapest out of 6,412 in the US.
The median home value in Tamiami is $346,400.
The median income in Tamiami is $65,355.
According to the most recent data on the cost of living, Tamiami has an overall cost of living index of 116, which is 1.2x higher than the national index of 100.
Compared to Florida, Tamiami has a cost of living index that's 1.1x higher than Florida's index of 101.
The standard of living in Tamiami ranks as #390 most affordable out of the 459 places we measured in Florida. By definition, that implies Tamiami ranks as the #69 most expensive place in the Sunshine State.
For more reading on life in Tamiami, check out:
Six factors go into calculating the cost of living index in Tamiami. Here is how it fairs on each of the criteria:
The Services index in Tamiami is 100.
The Groceries index in Tamiami is 116.
The Health index in Tamiami is 104.
The Housing index in Tamiami is 130.
The Transportation index in Tamiami is 106.
The Utilities index in Tamiami is 100.
Living Expense | Tamiami | Florida | National Average | |
---|---|---|---|---|
Overall | 116 | 101 | 100 | |
Services | 100 | 98 | 100 | |
Groceries | 116 | 101 | 100 | |
Health | 104 | 96 | 100 | |
Housing | 130 | 108 | 100 | |
Transportation | 106 | 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 Tamiami is $346,400.
The Median Rent in Tamiami is $1,693.
The Median Income in Tamiami is $65,355.
The Home Value To Income in Tamiami is 5.3x.
The Rent To Monthly Income in Tamiami is 0.31x.
Statistic | Tamiami | Florida | United States |
---|---|---|---|
Median Home Value | $346,400 | $248,700 | $244,900 |
Median Rent | $1,693 | $1,301 | $1,163 |
Median Income | $65,355 | $61,777 | $69,021 |
Home Value To Income | 5.3x | 4.0x | 3.5x |
Rent To Monthly Income | 0.31x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Tamiami. 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, 1.0x Tamiami.
Doral, FL has a cost of living index of 128, 1.1x Tamiami.
Fountainebleau, FL has a cost of living index of 103, 0.9x Tamiami.
City | Population | Cost Of Living | Vs. Tamiami |
---|---|---|---|
Pembroke Pines, FL | 170,346 | 113 | 1.0x |
Doral, FL | 73,126 | 128 | 1.1x |
Fountainebleau, FL | 57,957 | 103 | 0.9x |
Westchester, FL | 54,238 | 116 | 1.0x |
Kendale Lakes, FL | 53,392 | 108 | 0.9x |
Coral Gables, FL | 49,269 | 164 | 1.4x |
Richmond West, FL | 37,626 | 117 | 1.0x |
Kendall West, FL | 36,964 | 110 | 0.9x |
Miami Lakes, FL | 30,582 | 125 | 1.1x |
Coral Terrace, FL | 25,869 | 117 | 1.0x |