Cost of Living in Miami Lakes, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
176.4
100 = national avg
+76.4 vs national average
Living Wage (1 Adult)
$77,596
per year
Living Wage (Family of 4)
$183,408
per year
Cost Index by Category
Housing247.8
Food124.3
Transportation148.7
Healthcare119.5
Utilities144.2
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 Miami Lakes is 176.4, which is 76.4% above the national average. Housing costs are above the national average at an index of 247.8. A single adult needs to earn approximately $77,596 per year to cover basic expenses.