Cost of Living in North Miami, FL
Population 59,429 · Florida · Data vintage 2023
(100 = US avg)
Most of North Miami's cost indicators track within a reasonable band of national figures, with median household incomes near $51,909 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail. Rent burden runs high: typical rents of $1,543/month consume roughly 36% of median household income, past the 30% threshold most affordability frameworks flag as strained.
North Miami sits roughly 6 miles southeast of Miami Gardens — close enough that regional housing and labor patterns are shaped largely by the larger market. 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
The median home value in North Miami is $326,300 — 7% above the national median of $305,000. Median rent runs $1,543/month, 17% higher than the national median of $1,314/month. The median household income of $51,909/year is 30% lower than the US median of $74,580. The local unemployment rate is 5.4%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, North Miami has a cost of living index of 111 versus the US average of 100, meaning it is 11% 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, FL?
North Miami has a cost index of 111 (100 = national average). It is 11% above the national average.
What is average rent in North Miami, FL?
The median gross rent in North Miami is $1,543 per month based on 2023 Census data.
What is the average home price in North Miami?
The median home value in North Miami is $326,300 according to Zillow and Census data.
What is the median income in North Miami?
The median household income in North Miami is $51,909 per year (2023 ACS 5-year estimates).
What is the sales tax in North Miami, FL?
The combined state and local sales tax rate in North Miami is 7.0%. Florida has no state income tax.
Is North Miami, FL affordable?
North Miami is above average in cost of living, with an index of 111 — about 11% higher than the national average.
North Miami at a Glance
- Population
- 59,429
- Median Income
- $51,909
- Home Value
- $326,300
- Median Rent
- $1,543/mo
- Unemployment
- 5.4%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Florida Rankings
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