Cost of Living in Cutler Bay, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
154.2
100 = national avg
+54.2 vs national average
Living Wage (1 Adult)
$67,853
per year
Living Wage (Family of 4)
$160,381
per year
Cost Index by Category
Housing208.6
Food112.8
Transportation143.2
Healthcare110.2
Utilities129.4
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 Cutler Bay is 154.2, which is 54.2% above the national average. Housing costs are above the national average at an index of 208.6. A single adult needs to earn approximately $67,853 per year to cover basic expenses.