Cost of Living

Miami-Dade County's cost of living is comparable with other major American cities, and lower than other coastal metropolitan areas like Boston, New York City, Washington, D.C. and Los Angeles. 

Miami-Dade residents benefit from the state's low-tax climate with no personal income tax and a special homestead exemption on a primary home.

*The national average is set at 100, which means that Miami is only about 7% higher than the national average.
Source: Council for Community and Economic Research, 3Q 2013

Miami-Dade has one of the most diverse housing markets in the country with a rich variety of residential neighborhoods to suit all lifestyles.

Housing options in Miami-Dade County include:

  • Urban condominiums in the downtown, Brickell and Biscayne Boulevard neighborhoods
  • Suburban condos throughout the county
  • Luxury beachfront and waterfront condos along the Atlantic Ocean, Biscayne Bay and the Intracoastal Waterway
  • Waterfront, island and country club estate homes suited for executives and business owners
  • Single-family houses, including vintage homes from the 1920s and ‘30s with unique architecture
  • Art Deco homes from the 1930s and ’40s
  • Suburban single-family homes from the 1950s onward
  • New homes constructed in the past decade with the latest design and energy-saving features

Interactive maps of Miami-Dade to help you find schools, land, commercial space, businesses and many demographic stats.