Cost of Living in Golden Glades, FL

Population 35,042 · Florida · Data vintage 2023

112
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Golden Glades's cost indicators track within a reasonable band of national figures, with median household incomes near $49,932 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail. At 6.8%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located <5 miles southeast of Miami Gardens, Golden Glades falls within that metro's commuting orbit. Housing prices track closely with Miami Gardens' $337,000 median.

Cost Overview

Housing 114
Rent 110

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Golden Glades

The median home value in Golden Glades is $346,900 — 14% above the national median of $305,000. Median rent runs $1,444/month, 10% higher than the national median of $1,314/month. The median household income of $49,932/year is 33% lower than the US median of $74,580. The local unemployment rate is 6.8%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Golden Glades has a cost of living index of 112 versus the US average of 100, meaning it is 12% more expensive.

🏠 Housing

Median Home Value
$346,900
14% above avg
Zillow Home Value
$458,884
Zillow ZHVI
Median Rent
$1,444/mo
10% above avg
Zillow Rent
$2,283/mo
Zillow ZORI
Price-to-Rent Ratio
20.0x
Favors buying
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,085
1 BR
$1,181
2 BR
$1,427
3 BR
$1,797
4 BR
$2,099
Owner-occupied 52.0%
Renter-occupied 48.0%

💰 Estimated Monthly Budget

Rent median rent
$1,444
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,058/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
32.9 min
22% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.1%

Commute Mode

Drove alone
74.7%
Carpooled
8.3%
Public transit
3.6%
Walked
0.8%
Bicycle
0.1%
Work from home
8.1%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 7.0%
State rate 6.0%
Avg local rate 1.1%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$49,932
33% below avg
Per Capita Income
$25,015
Unemployment Rate
6.8%
41% above avg
Poverty Rate
21.9%
Labor Force Participation
59.8%

🎓 Education

Bachelor's degree+ 10.6%
Graduate degree 5.5%

👥 Demographics

Median Age 38.9
Male median age 35.3
Female median age 40.7

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 48 — Good
56.7%
Good air days/yr
170
Max AQI recorded
272
PM2.5 days
76
Ozone days

Frequently Asked Questions

What is the cost of living in Golden Glades, FL?

Golden Glades has a cost index of 112 (100 = national average). It is 12% above the national average.

What is average rent in Golden Glades, FL?

The median gross rent in Golden Glades is $1,444 per month based on 2023 Census data.

What is the average home price in Golden Glades?

The median home value in Golden Glades is $346,900 according to Zillow and Census data.

What is the median income in Golden Glades?

The median household income in Golden Glades is $49,932 per year (2023 ACS 5-year estimates).

What is the sales tax in Golden Glades, FL?

The combined state and local sales tax rate in Golden Glades is 7.0%. Florida has no state income tax.

Is Golden Glades, FL affordable?

Golden Glades is above average in cost of living, with an index of 112 — about 12% higher than the national average.

Golden Glades at a Glance

Population
35,042
Median Income
$49,932
Home Value
$346,900
Median Rent
$1,444/mo
Unemployment
6.8%
Sales Tax
7.0%
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Explore county-level cost of living data

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