Cost of Living in Coral Gables, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
225.9
100 = national avg
+125.9 vs national average
Living Wage (1 Adult)
$99,412
per year
Living Wage (Family of 4)
$234,975
per year
Cost Index by Category
Housing348.1
Food150.0
Transportation131.1
Healthcare140.0
Utilities179.6
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 Coral Gables is 225.9, which is 125.9% above the national average. Housing costs are above the national average at an index of 348.1. A single adult needs to earn approximately $99,412 per year to cover basic expenses.