Cost of Living in North Miami Beach, FL
Population 43,104 · Florida · Data vintage 2023
(100 = US avg)
Most of North Miami Beach's cost indicators track within a reasonable band of national figures, with median household incomes near $57,633 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.
Geographically, North Miami Beach sits roughly 5 miles east of Miami Gardens. Housing prices track closely with Miami Gardens' $337,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in North Miami Beach
The median home value in North Miami Beach is $317,800 — 4% above the national median of $305,000. Median rent runs $1,626/month, 24% higher than the national median of $1,314/month. The median household income of $57,633/year is 23% lower than the US median of $74,580. The local unemployment rate is 4.5%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, North Miami Beach has a cost of living index of 112 versus the US average of 100, meaning it is 12% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in North Miami Beach, FL?
North Miami Beach has a cost index of 112 (100 = national average). It is 12% above the national average.
What is average rent in North Miami Beach, FL?
The median gross rent in North Miami Beach is $1,626 per month based on 2023 Census data.
What is the average home price in North Miami Beach?
The median home value in North Miami Beach is $317,800 according to Zillow and Census data.
What is the median income in North Miami Beach?
The median household income in North Miami Beach is $57,633 per year (2023 ACS 5-year estimates).
What is the sales tax in North Miami Beach, FL?
The combined state and local sales tax rate in North Miami Beach is 7.0%. Florida has no state income tax.
Is North Miami Beach, FL affordable?
North Miami Beach is above average in cost of living, with an index of 112 — about 12% higher than the national average.
North Miami Beach at a Glance
- Population
- 43,104
- Median Income
- $57,633
- Home Value
- $317,800
- Median Rent
- $1,626/mo
- Unemployment
- 4.5%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Florida Rankings
Similar Cost Cities
Cities in other states with comparable housing costs