Cost of Living in Bay Harbor Islands, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
175.0
100 = national avg
+75.0 vs national average
Living Wage (1 Adult)
$76,995
per year
Living Wage (Family of 4)
$181,989
per year
Cost Index by Category
Housing267.1
Food114.8
Transportation129.6
Healthcare111.8
Utilities142.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,995
per month
2 Bedroom
$2,436
per month
The overall cost of living index in Bay Harbor Islands is 175.0, which is 75.0% above the national average. Housing costs are above the national average at an index of 267.1. A single adult needs to earn approximately $76,995 per year to cover basic expenses.