Cost of Living: Coconut Creek, FL vs Miami, FL

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Coconut Creek, FL versus $4,516/mo in Miami, FL. In the model, rent is about 29.3% of gross in Coconut Creek, FL versus 24.14% in Miami, FL, so Miami, FL tends to feel more affordable for rent.

Take-home in Coconut Creek, FL
$4,516/mo
Income level: near
Take-home in Miami, FL
$4,516/mo
Income level: above
Rent share (1BR) in Coconut Creek, FL
29.3%
COLI tier: mid-range
Rent share (1BR) in Miami, FL
24.14%
COLI tier: higher-cost

Compare cost of living, rent, housing prices, and salary affordability between Coconut Creek, FL and Miami, FL.

At a glance

  • Cheaper overall (lower cost-of-living index): Coconut Creek, FL
  • Lower rent (median 1BR/2BR): Miami, FL
  • Lower home prices: Coconut Creek, FL
  • Higher median household income: Coconut Creek, FL

Cost of Living Index

Coconut Creek, FL: 100 (U.S. = 100) · Miami, FL: 118.4 (U.S. = 100)

Coconut Creek, FL has a lower cost-of-living index than Miami, FL, so a given salary generally stretches further there.

Median Rent

Coconut Creek, FL: $1,911/mo (midpoint of 1BR/2BR) · Miami, FL: $1,574/mo

Median rent in Coconut Creek, FL is $337/mo higher than in Miami, FL.

Median Home Price

Coconut Creek, FL: $291,000 · Miami, FL: $475,200

Median home price in Miami, FL is $184,200 higher than in Coconut Creek, FL.

Median Household Income

Coconut Creek, FL: $75,516 · Miami, FL: $59,390

Coconut Creek, FL has a higher median household income than Miami, FL by $16,126.

Coconut Creek, FL overview · Miami, FL overview · Popular comparisons