Cost of Living in Coral Terrace, FL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

148.5

100 = national avg

+48.5 vs national average

Living Wage (1 Adult)

$65,331

per year

Living Wage (Family of 4)

$154,418

per year

Cost Index by Category

Housing
209.0
Food
109.2
Transportation
118.3
Healthcare
107.3
Utilities
127.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,995

per month

2 Bedroom

$2,436

per month

The overall cost of living index in Coral Terrace is 148.5, which is 48.5% above the national average. Housing costs are above the national average at an index of 209.0. A single adult needs to earn approximately $65,331 per year to cover basic expenses.