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.
Median Household Income
$72,856
Annual · Census ACS
Median Gross Rent
$1,826
Per month · Census ACS
Median Home Value
$556,700
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$1,828
HUD Fair Market Rent
1BR Fair Market Rent
$1,995
HUD FMR
2BR Fair Market Rent
$2,436
HUD FMR
3BR Fair Market Rent
$3,127
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · 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
5
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,765
Per month
Avg Home Value
$583,300
Census ACS
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%
What is the cost of living index for Miami Beach?
The cost of living index for Miami Beach is not yet available in our database.
What is the median rent in Miami Beach?
The median gross rent in Miami Beach is $1,826 per month according to US Census ACS data.
What is the median household income in Miami Beach?
The median household income in Miami Beach is $72,856 per year.
What is the median home value in Miami Beach?
The median home value in Miami Beach is $556,700 based on the latest Census ACS survey.
How is the air quality in Miami Beach?
Air quality data for Miami Beach is not yet available.
What are the taxes like in Miami Beach?
Tax data for Florida is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
