Cost of Living in Bal Harbour, FL

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F
141%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
463%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Bal Harbour Florida National
Cost of living241102100
Groceries103102100
Health care107104100
Housing56397100
Transportation100103100
Utilities111110100
Lifestyle & Entertainment101104100
Household Items102102100
Education & Childcare103106100
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Homes For Sale In Bal Harbour, FL

property for sale

10201 Collins Ave Unit UPH2803

Bal Harbour, FL
property for sale

9601 Collins Ave #1502

Bal Harbour, FL
property for sale

10155 Collins Ave #1105

Bal Harbour, FL
property for sale

9999 Collins Ave Unit 6J

Bal Harbour, FL

Cost Of Living Quick Facts

  • The cost of living in Bal Harbour is 137% higher than the Florida average
  • The cost of living in Bal Harbour is 141% higher than the national average
  • Bal Harbour housing is 463% higher than the national average
  • Florida general sales tax is 18% higher than the national average
  • Florida state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Bal Harbour

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Compare Bal Harbour, FL Cost of Living

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      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$133,765$11,147$3,121$4,013
      Renters$32,848$2,737$766$986

      Florida Sales Tax

      State General Sales Tax With Max Surtax
      Florida 6% 7.5%

      Florida Income Tax

      State Income Tax (Low) Income Tax (High)
      Florida 0% 0%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Medley, FL1,0768910.7%
      Pembroke Park, FL6,9708911.0%
      Gladeview, FL13,938991.4%
      Opa-locka, FL16,6101011.2%
      West Little River, FL33,2291043.6%
      Bal Harbour, FL3,062241141.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Nocona, TX3,0618317.4%
      Evansville, WY3,0611000.4%
      Richmond, QC3,061n/a 
      Tangerine, FL3,06311717.3%
      Pine Ridge, SD3,0638316.7%
      Bal Harbour, FL3,062241141.4%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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