Here's what it costs to live in Miami Beach, Florida, based on the latest US government data. Renters pay a median of $1,826 per month, while the typical home is valued around $556,700. Households earn a median of $72,856 per year, so rent absorbs a relatively high share of local income. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$72,856
Median Income / yr
Census ACS
$1,826
Median Rent / mo
Census ACS
$556,700
Median Home Value
Census ACS
N/A
Cost of Living Index
Studio FMR
$1,828
HUD · FY2024
1BR Fair Market Rent
$1,995
HUD · FY2024
2BR Fair Market Rent
$2,436
HUD · FY2024
3BR Fair Market Rent
$3,127
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | N/A |
| Registered Nurse | N/A |
| Elementary Teacher | N/A |
| Electrician | N/A |
| Accountant | N/A |
| Plumber | N/A |
| Nurse Practitioner | N/A |
| Civil Engineer | N/A |
| Operations Manager | N/A |
| Market Research Analyst | N/A |
| Health Services Manager | N/A |
| Truck Driver | N/A |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
82,031
Latest estimate
Median Age
42.9 yrs
Census ACS
AQI data not available
Source: EPA AirNow
Total Neighborhoods
4
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,742
Per month
Avg Home Value
$933,400
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 33109 | — | — | $2,000,001 |
| ZIP 33139 | — | $1,680 | $476,000 |
| ZIP 33140 | — | $1,912 | $837,700 |
| ZIP 33141 | — | $1,634 | $419,900 |
January Avg
69°F
July Avg
84°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Subtropical · Source: NOAA/NCEI 30-year normals.
Healthcare Score
29.5
poor
Hospitals
1
Doctors per 1,000
1.00
Insurance Coverage
84.4%
The cost of living index for Miami Beach is not yet available.
The median gross rent in Miami Beach is $1,826 per month according to US Census ACS data.
The median household income in Miami Beach is $72,856 per year.
The median home value in Miami Beach is $556,700 based on the latest Census ACS survey.
Air quality data for Miami Beach is not yet available.
Tax data for Florida is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
