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.

Start Searching the Latest Miami Listings Below

379 Properties
Page 1 of 32
$2,900,000
Neighborhood: KEYSTONE ISLAND NO 3
3
Beds
2
Baths
1,862
Sq.Ft.
1957
Year Built
1
Day on Site
A11338228
MLS
Beautiful Home in Keystone Point
$1,000,000
Neighborhood: ICONBRICKELL CONDO NO 1
2
Beds
2
Baths
1,167
Sq.Ft.
2008
Year Built
1
Day on Site
A11335044
MLS
STUNNING WATERFRONT 2 BEDROOM 2 BATH UNIT + DEN, IN THE HEART OF BRICKELL WITH BREATHTAKING AND PANORAMIC VIEWS OF THE POOL AND BAY FROM SUNSET TO SUNRISE. LOTS OF NATURAL LIGHT! CANNOT HEAR THE...
$5,890,000
Neighborhood: LA GORCE GOLF SUB
4
Beds
4F11/2
Baths
3,167
Sq.Ft.
1935
Year Built
1
Day on Site
A11331959
MLS
WELCOME TO VILLA AMALFI, A FULLY RENOVATED RESIDENCE ON WORLD FAMOUS UPPER NORTH BAY ROAD. ON A PRIVATE AND GATED 8,550 SF LOT, THIS TWO STORY 3,167 SF HOME FEATURES 4 BED, 4.5 BATH, IMPACT WINDOWS...
$1,200,000
Neighborhood: 400 SUNNY ISLES CONDO EAS
2
Beds
3
Baths
1,732
Sq.Ft.
2015
Year Built
1
Day on Site
A11338246
MLS
Magnificent water view 2 bedrooms 3 baths unit at 400 Sunny Isles Condo, Intracoastal, Park and City views from beautiful luxurious residence in 400 Sunny Isles. This units has a nice open floor plan...
$799,900
Neighborhood: BURLEIGH HOUSE CONDO
2
Beds
2
Baths
1,455
Sq.Ft.
1970
Year Built
1
Day on Site
A11337160
MLS
Welcome Home to Burleigh House 505! Enjoy amazing ocean views & picture perfect sunrises from your relaxing balcony. Picture windows equipped w/Bali Solar Blinds throughout provide an amazing ocean...
$970,000
Neighborhood: 4010 SOUTH OCEAN CONDO
2
Beds
2
Baths
1,044
Sq.Ft.
2019
Year Built
1
Day on Site
A11332829
MLS
Investor Opportunity! Short Term Rentals Allowed = No rental restrictions. This unit can be rented by the owner or with the hotel program. Spectacular luxury unit located in Hollywood Beach with open...
$1,590,000
Neighborhood: ONE ISLAND PLACE CONDO 1
3
Beds
3F11/2
Baths
3,620
Sq.Ft.
1991
Year Built
1
Day on Site
A11338235
MLS
Do you want to see real dolphins and manatees from your window? Do you want to hear the ocean and enjoy sunrises? Completely remodeled unit with modern contemporary style. Master bath with jacuzzi....
$585,000
Neighborhood: CARLISLE ON THE OCEAN CON
1
Beds
1
Baths
905
Sq.Ft.
1965
Year Built
1
Day on Site
A11338281
MLS
Exclusive OPPORTUNITY: This elegant, modern, bright, spacious, newly renovated 1 BR oceanfront condo will make for a perfect turnkey vacation home or primary residence! Offered fully furnished and...
$1,498,000
Neighborhood: TOWERS QUAYSIDE CT-YARD V
2
Beds
3F11/2
Baths
3,762
Sq.Ft.
1975
Year Built
1
Day on Site
A11337984
MLS
Don't miss out on this architectural gem! This TH is currently a 2/3.5 3762 SF of space. Can be converted to a 4/4 easily. Come see this unique luxury TH with antique brick, copper-roofed structure...
$975,000
Neighborhood: TIDES ON HOLLYWOOD BEACH
2
Beds
2
Baths
1,173
Sq.Ft.
1969
Year Built
1
Day on Site
A11335086
MLS
The MOST Magnificent Condo @ the Tides on Hollywood Beach, Unobstructed Direct Oceanview. Incredible Sunrise. Corner 2BR/2BA, Completely Renovated w/all permits. Well Over $325K in High-quality...
$780,000
Neighborhood: RISE CONDO
1
Beds
1F11/2
Baths
994
Sq.Ft.
2016
Year Built
1
Day on Site
A11335024
MLS
Brickell City Centre Living! Luxurious 1/1.5 residence situated in the heart of Brickell. Features high ceilings, floor-to-ceiling glass, sophisticated details & premium finishes. Italian cabinetry &...
$750,000
Neighborhood: 3401 MIDTOWN CONDO
2
Beds
2
Baths
864
Sq.Ft.
2018
Year Built
1
Day on Site
A11338274
MLS
Experience luxury living in this modern 2 bed 2 bath corner unit with breathtaking city views. Centrally located in Midtown with easy access to shopping, restaurants, Miami's Design District &...

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