Costs That Come With Living In Miami

Miami is famous for its beaches and endless outdoor water activities. It has been a hot spot for those looking to move and part of that is Miami's steady economy. While shopping for your new home, you want to consider all the moving costs. Miami is world famous and as a result, it can be more expensive. Understanding all of the factors that feed into your cost of living helps you make the best decision for yourself and your family.Costs That Come With Living In Miami

Utilities

Utility bills in Miami are typically lower than in other parts of the country. This contrasts with the higher real estate prices. The utilities considered in this higher average are water, electricity, and gas bills. Electricity bills in Florida are usually the most expensive and they fluctuate depending on what time of year it is. Summer is the time you should expect the highest bills because of the heat and the need to constantly run the AC. Besides these typical utilities, make sure you plan for trash, tv, internet, and home maintenance.

Food/Groceries

The grocery budget can widely vary depending on how you eat and the type of food you purchase. Typically, Miami has a higher grocery cost than the national average. Again, this is dependent on where you shop and Miami has plenty of widely known national chains. Miami is known for its world-class restaurants and the incredible options available to you depending on your budget for eating out.

Transportation

Getting around Miami can be tough because there is usually a good amount of traffic. The most common mode of transportation is driving. Consider the cost of wear and tear on your vehicle as well as gas and insurance. Miami has a higher cost when it comes to transportation because it is a tourist city and therefore gas prices are higher. Higher demand means higher prices. If you are looking for other ways to get around you can use the bus, trolly, and rideshare companies like Uber, Lyft, and taxi companies.

Healthcare

When it comes to your healthcare needs, Miami is a more affordable city. Residents typically pay less than the national average for their healthcare. As a Florida resident living in Miami, you have access to some of the state's best medical facilities. Depending on the healthcare coverage you purchase your insurance can cover your family care clinics, dental visits, specialists, and even hospital visits.

In Conclusion

With Florida being a recent and continued moving hot spot, why not consider Miami? Anyone moving somewhere new should consider all the expenses that can come with your new city. It's important to recognize that these costs can differ from city to city.

If you are looking in the Miami area and would like more information, contact us. We are happy to help you with all of your Miami real estate needs whether that be buying or selling or even the large task of relocating.

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406 Properties
Page 1 of 34
Open 6/26
6600 SW 116th St Pinecrest,  FL 33156
$3,995,000
Neighborhood: HIGH PINE ESTS
7
Beds
4
Baths
5,401
Sq.Ft.
1956
Year Built
2
Days on Site
A11610990
MLS
$3,800,000
Neighborhood: PORSHE DESING TOWER
4
Beds
4F11/2
Baths
3,171
Sq.Ft.
2016
Year Built
2
Days on Site
A11611938
MLS
$690,000
Neighborhood: 801 SMA RESIDENCES CONDO
1
Beds
2
Baths
1,075
Sq.Ft.
2018
Year Built
2
Days on Site
A11611926
MLS
$895,000
Neighborhood: SHORECREST
4
Beds
2
Baths
1,156
Sq.Ft.
1946
Year Built
2
Days on Site
A11611877
MLS
$1,150,000
Neighborhood: 5600 CONDO
2
Beds
2
Baths
1,750
Sq.Ft.
1967
Year Built
2
Days on Site
A11611882
MLS
$750,000
Neighborhood: BEACH CLUB THREE CONDO
2
Beds
1
Baths
1,086
Sq.Ft.
2006
Year Built
2
Days on Site
A11600627
MLS
$794,000
Neighborhood: THE BENTLEY BAY CONDO
1
Beds
1
Baths
778
Sq.Ft.
2004
Year Built
2
Days on Site
A11610511
MLS
$2,690,000
Neighborhood: MURANO AT PORTOFINO CONDO
2
Beds
2F11/2
Baths
1,791
Sq.Ft.
2001
Year Built
2
Days on Site
A11611485
MLS
$620,000
Neighborhood: THE RIVIERA CONDO
1
Beds
1F11/2
Baths
1,030
Sq.Ft.
1980
Year Built
2
Days on Site
A11611178
MLS
$695,000
Neighborhood: THE RIVIERA CONDO
2
Beds
2
Baths
1,121
Sq.Ft.
1980
Year Built
2
Days on Site
A11611170
MLS
$979,900
Neighborhood: NINE ISLAND AVENUE CONDO
2
Beds
2
Baths
1,190
Sq.Ft.
1981
Year Built
2
Days on Site
A11611957
MLS
$1,500,000
Neighborhood: ONE THOUSAND VENETIAN WAY
1
Beds
1F11/2
Baths
1,030
Sq.Ft.
1983
Year Built
2
Days on Site
A11609687
MLS

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