Cost of Living in South Miami Heights, FL

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

Cost of Living Overview

Overall Index

122.3

100 = national avg

+22.3 vs national average

Living Wage (1 Adult)

$53,808

per year

Living Wage (Family of 4)

$127,183

per year

Cost Index by Category

Housing
161.6
Food
99.4
Transportation
98.8
Healthcare
99.5
Utilities
112.0

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 South Miami Heights is 122.3, which is 22.3% above the national average. Housing costs are above the national average at an index of 161.6. A single adult needs to earn approximately $53,808 per year to cover basic expenses.