Cost of Living in Sunny Isles Beach, FL

Population 22,125 · Florida · Data vintage 2023

157
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

A 35-minute average commute puts Sunny Isles Beach squarely in exurban territory — the kind of place where many households optimize for housing cost over proximity to work. Home values of $490,000 reflect that spatial discount. Rent burden runs high: typical rents of $2,002/month consume roughly 41% of median household income, past the 30% threshold most affordability frameworks flag as strained.

Sunny Isles Beach sits roughly 7 miles southeast of Hollywood — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 31% higher than Hollywood's $374,000.

Cost Overview

Housing 161
Rent 152

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

About the Cost of Living in Sunny Isles Beach

The median home value in Sunny Isles Beach is $489,700 — 61% above the national median of $305,000. Median rent runs $2,002/month, 52% higher than the national median of $1,314/month. The median household income of $59,124/year is 21% lower than the US median of $74,580. The local unemployment rate is 4.9%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Sunny Isles Beach has a cost of living index of 157 versus the US average of 100, meaning it is 57% more expensive.

🏠 Housing

Median Home Value
$489,700
61% above avg
Zillow Home Value
$651,750
Zillow ZHVI
Median Rent
$2,002/mo
52% above avg
Zillow Rent
$3,223/mo
Zillow ZORI
Price-to-Rent Ratio
20.4x
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 53.5%
Renter-occupied 46.5%

💰 Estimated Monthly Budget

Rent median rent
$2,002
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,616/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
35.4 min
31% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
20.0%

Commute Mode

Drove alone
64.7%
Carpooled
5.3%
Public transit
2.8%
Walked
3.6%
Bicycle
0.4%
Work from home
20.0%

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
$59,124
21% below avg
Per Capita Income
$58,204
Unemployment Rate
4.9%
2% above avg
Poverty Rate
13.4%
Labor Force Participation
56.4%

🎓 Education

Bachelor's degree+ 30.4%
Graduate degree 19.6%

👥 Demographics

Median Age 48.6
Male median age 47.2
Female median age 50.1

💨 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 Sunny Isles Beach, FL?

Sunny Isles Beach has a cost index of 157 (100 = national average). It is 57% above the national average.

What is average rent in Sunny Isles Beach, FL?

The median gross rent in Sunny Isles Beach is $2,002 per month based on 2023 Census data.

What is the average home price in Sunny Isles Beach?

The median home value in Sunny Isles Beach is $489,700 according to Zillow and Census data.

What is the median income in Sunny Isles Beach?

The median household income in Sunny Isles Beach is $59,124 per year (2023 ACS 5-year estimates).

What is the sales tax in Sunny Isles Beach, FL?

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

Is Sunny Isles Beach, FL affordable?

Sunny Isles Beach is above average in cost of living, with an index of 157 — about 57% higher than the national average.

Sunny Isles Beach at a Glance

Population
22,125
Median Income
$59,124
Home Value
$489,700
Median Rent
$2,002/mo
Unemployment
4.9%
Sales Tax
7.0%
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🗺️ County data for Florida

Explore county-level cost of living data

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