Miami and Dade County Cost of Living.

Miami and Dade County Cost of Living.


The cost of living index is based on the composite price of groceries, housing, utilities, transportation, health care, clothing and entertainment.

Cost of living indexes will generally be higher in areas that offer access to beaches, culture, arts and recreation. In addition areas, that offer a wider variety of services such as health and education will run higher due to higher wages, and increased quality of living.

Cost of living indexing explanation
A figure of 100 points is used as an average both for the USA and Florida. For example:
Boise Idaho is ranked at a 99
Boston Mass is rated at 240
San Francisco at 217
Statewide, Florida cities come in from a low of 90 and up.
One way to compare Florida areas to salary requirements
For example-If you were relocating from Portland Oregon (whose rate 1s 120) to Orlando, and you currently make $50,000 per year, the formula is as follows
Take the destination index, in this case Orlando-104.2 and divide by Portland’s index-120, then multiply by a salary of $50,000. This will give you a figure of $43,416.00 which would be required to make in Orlando to have the same quality of life.
See comparable Florida statewide
* Re cost of living--in some areas Real Estate has went up dramatically however costs that factor in such as food, transportation, rents etc have not increased at the same rate-so in some areas, even though housing is expensive, the overall rating may still be low
2006 Fourth quarter stats per ACCRA and Council for Community Economic Research

Bradenton-100.6
Cape Coral-Ft Myers-108.0
Ft Lauderdale-117.0
Fort Walton-Destin-97.3
Jacksonville metro-96.3
Miami metro-115.0
Orlando metro-104.2
Palm Coast-Flagler-98.5
Panama City-96.6
Pensacola metro-96.0
Sarasota-107.0
Tampa 98.5
St Pete-Clearwater-99.9
Vero-Beach Indian River-103.4
West Palm Beach metro-117.5
(Population Weighted-State Average=100
See national comparisons
Cost of living (100 = nationwide average)

(Population Weighted-State Average=100
See national comparisons
Cost of living (100 = nationwide average)

* New York, NY 364
* Long Beach, NY 340
* Palo Alto, CA 268
* Menlo Park, CA 265
* Los Altos, CA 261
* Saratoga, CA 261
* Boston, MA 240
* Malibu, CA 233
* San Francisco, 217
* Greenwich, CT 215
* Cambridge, MA 211
* Santa Monica, CA 197
* Keystone, CO 194
* San Rafael, CA 192
* Weston, CT 192
* Darien, CT 192
* Wellesley, MA 192
* Fort Lee, NJ 189
* Arlington, VA 184
* Honolulu, HI 184
* Washington, DC 181
* Princeton, NJ 180
* Vail, CO 178
* Chicago, IL 166
* Sunnyvale, CA 164
* San Mateo, CA 163
* Marathon, FL 161
* Ridgewood, NJ 159
* Mystic, CT 159






For more information about cost of living go to Accra's site at http://www.coli.org/



The cost of living index places Miami at 116.2 as of the 4th quarter 2005

Although statewide it’s ranked higher, consider that it is a major metropolitan area with all the needed services. In that context it compares favorably.
http://www.eflorida.com/profiles/CountyReport.asp?CountyID=37&Display=all


For more information about cost of living stats go to http://www.coli.org



























Housing. Minimum two bedroom single family homes in Miami/Dade County.
As of August 2005 the median price is $356,900.

Utilities. water and sewer go to
http://www.co.miami-dade.fl.us/wasd/

For electric and gas go to

Florida Power & Light Co 305 552-3552 9250 W Flagler St
Miami, FL 33174
http://www.fpl.com

People 'n' Gas: 954-763-8900


In conclusion, given Florida’s climate and Job opportunities and the outdoor recreation prospects, Miami can really make sense.

Imagine the advantages of a subtropical resort next to a major metropolitan area.

Imagine beaches located few minutes from major business, shopping and cultural centers.

In Miami you can have your cake and eat it too—why not extend the vacation and make it part of your life.
Why not live in a vacation spot?

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