Cost of Living: Miami Lakes, 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 Miami Lakes, FL versus $4,516/mo in Miami, FL. In the model, rent is about 29.49% of gross in Miami Lakes, FL versus 24.14% in Miami, FL, so Miami, FL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Miami Lakes, FL and Miami, FL.
At a glance
- Cheaper overall (lower cost-of-living index): Miami Lakes, FL
- Lower rent (median 1BR/2BR): Miami, FL
- Lower home prices: Miami, FL
- Higher median household income: Miami Lakes, FL
Cost of Living Index
Miami Lakes, FL: 100 (U.S. = 100) · Miami, FL: 118.4 (U.S. = 100)
Miami Lakes, FL has a lower cost-of-living index than Miami, FL, so a given salary generally stretches further there.
Median Rent
Miami Lakes, FL: $1,923/mo (midpoint of 1BR/2BR) · Miami, FL: $1,574/mo
Median rent in Miami Lakes, FL is $349/mo higher than in Miami, FL.
Median Home Price
Miami Lakes, FL: $577,300 · Miami, FL: $475,200
Median home price in Miami Lakes, FL is $102,100 higher than in Miami, FL.
Median Household Income
Miami Lakes, FL: $97,255 · Miami, FL: $59,390
Miami Lakes, FL has a higher median household income than Miami, FL by $37,865.
Miami Lakes, FL overview · Miami, FL overview · Popular comparisons