Cost of Living in Miramar Beach, FL

Population 8,587 · Florida · Data vintage 2023

196
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Miramar Beach sits 120% above the national median — $672,000 for the typical home — but median household incomes near $97,159 (30% above the US figure) soften the blow that similar pricing creates in lower-wage metros. Unemployment has stayed elevated relative to the national figure — 6.7% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Located 105 miles east of Mobile, Miramar Beach is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 295% higher than Mobile's $170,000.

Cost Overview

Housing 220
Rent 160

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

About the Cost of Living in Miramar Beach

The median home value in Miramar Beach is $672,200 — 120% above the national median of $305,000. Median rent runs $2,097/month, 60% higher than the national median of $1,314/month. The median household income of $97,159/year is 30% higher than the US median of $74,580. The local unemployment rate is 6.7%, 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 78.1°F and lows of 61.4°F. Overall, Miramar Beach has a cost of living index of 196 versus the US average of 100, meaning it is 96% more expensive.

🏠 Housing

Median Home Value
$672,200
120% above avg
Zillow Home Value
$902,491
Zillow ZHVI
Median Rent
$2,097/mo
60% above avg
Zillow Rent
$2,470/mo
Zillow ZORI
Price-to-Rent Ratio
26.7x
Favors renting
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 77.2%
Renter-occupied 22.8%

💰 Estimated Monthly Budget

Rent median rent
$2,097
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,711/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
23.8 min
12% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
25.4%

Commute Mode

Drove alone
70.7%
Carpooled
2.8%
Bicycle
0.9%
Work from home
25.4%

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
$97,159
30% above avg
Per Capita Income
$69,351
Unemployment Rate
6.7%
40% above avg
Poverty Rate
5.0%
Labor Force Participation
49.8%

🎓 Education

Bachelor's degree+ 33.3%
Graduate degree 21.7%

👥 Demographics

Median Age 59.3
Male median age 57.1
Female median age 60.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
78.1°F
Avg Low
61.4°F
Annual Precip
55.4"
40° 55° 70° 85° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 636671768489919189817266
Low °F 454854606874767672635348
Precip" 4.524.964.704.553.224.705.776.085.182.824.134.72

Frequently Asked Questions

What is the cost of living in Miramar Beach, FL?

Miramar Beach has a cost index of 196 (100 = national average). It is 96% above the national average.

What is average rent in Miramar Beach, FL?

The median gross rent in Miramar Beach is $2,097 per month based on 2023 Census data.

What is the average home price in Miramar Beach?

The median home value in Miramar Beach is $672,200 according to Zillow and Census data.

What is the median income in Miramar Beach?

The median household income in Miramar Beach is $97,159 per year (2023 ACS 5-year estimates).

What is the sales tax in Miramar Beach, FL?

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

Is Miramar Beach, FL affordable?

Miramar Beach is above average in cost of living, with an index of 196 — about 96% higher than the national average.

What is the weather like in Miramar Beach?

Miramar Beach has average high temperatures of 78.1°F and average lows of 61.4°F. Annual precipitation is 55.4". Data from NOAA 1991–2020 Climate Normals.

Miramar Beach at a Glance

Population
8,587
Median Income
$97,159
Home Value
$672,200
Median Rent
$2,097/mo
Unemployment
6.7%
Avg High Temp
78.1°F
Sales Tax
7.0%
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