Cost of Living in Ives Estates, FL

Population 26,154 · Florida · Data vintage 2023

117
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

A 37-minute average commute puts Ives Estates squarely in exurban territory — the kind of place where many households optimize for housing cost over proximity to work. Home values of $288,000 reflect that spatial discount. Rent burden runs high: typical rents of $1,979/month consume roughly 35% of median household income, past the 30% threshold most affordability frameworks flag as strained.

Located <5 miles east of Miami Gardens, Ives Estates falls within that metro's commuting orbit. Median home values run roughly 15% lower than Miami Gardens' $337,000.

Cost Overview

Housing 94
Rent 151

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

About the Cost of Living in Ives Estates

The median home value in Ives Estates is $287,500 — 6% below the national median of $305,000. Median rent runs $1,979/month, 51% higher than the national median of $1,314/month. The median household income of $67,841/year is 9% lower than the US median of $74,580. The local unemployment rate is 5.5%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 85.0°F and lows of 69.7°F. Overall, Ives Estates has a cost of living index of 117 versus the US average of 100, meaning it is 17% more expensive.

🏠 Housing

Median Home Value
$287,500
6% below avg
Zillow Home Value
$354,926
Zillow ZHVI
Median Rent
$1,979/mo
51% above avg
Zillow Rent
$2,355/mo
Zillow ZORI
Price-to-Rent Ratio
12.1x
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 56.1%
Renter-occupied 43.9%

💰 Estimated Monthly Budget

Rent median rent
$1,979
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,593/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
36.6 min
36% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.2%

Commute Mode

Drove alone
75.8%
Carpooled
9.2%
Public transit
2.6%
Walked
0.8%
Work from home
10.2%

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
$67,841
9% below avg
Per Capita Income
$32,636
Unemployment Rate
5.5%
15% above avg
Poverty Rate
9.2%
Labor Force Participation
72.5%

🎓 Education

Bachelor's degree+ 21.1%
Graduate degree 12.3%

👥 Demographics

Median Age 37.8
Male median age 35.8
Female median age 39.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
85.0°F
Avg Low
69.7°F
Annual Precip
62"
50° 63° 75° 88° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 777981858790929290878279
Low °F 596264687376777877736763
Precip" 2.712.832.683.185.188.726.828.497.987.653.562.18

💨 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 Ives Estates, FL?

Ives Estates has a cost index of 117 (100 = national average). It is 17% above the national average.

What is average rent in Ives Estates, FL?

The median gross rent in Ives Estates is $1,979 per month based on 2023 Census data.

What is the average home price in Ives Estates?

The median home value in Ives Estates is $287,500 according to Zillow and Census data.

What is the median income in Ives Estates?

The median household income in Ives Estates is $67,841 per year (2023 ACS 5-year estimates).

What is the sales tax in Ives Estates, FL?

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

Is Ives Estates, FL affordable?

Ives Estates is above average in cost of living, with an index of 117 — about 17% higher than the national average.

What is the weather like in Ives Estates?

Ives Estates has average high temperatures of 85.0°F and average lows of 69.7°F. Annual precipitation is 62". Data from NOAA 1991–2020 Climate Normals.

Ives Estates at a Glance

Population
26,154
Median Income
$67,841
Home Value
$287,500
Median Rent
$1,979/mo
Unemployment
5.5%
Avg High Temp
85.0°F
Sales Tax
7.0%
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Explore county-level cost of living data

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