Biscayne Park cost of living index

Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.
The cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average. The breakdown for each index is as follows: goods and services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexBiscayne ParkFloridaNational
Cost of living12499100
IndexBiscayne ParkFloridaNational
Goods & Services9999100
Groceries111105100
Health care107100100
Housing17296100
Transportation11298100
Utilities98102100

Key findings

  • The cost of living in Biscayne Park is 25% higher than the Florida average
  • The cost of living in Biscayne Park is 24% higher than the national average
  • Biscayne Park housing is 72% 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

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Compare Biscayne Park, FL Cost of Living To Other Cities

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      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$89,310$7,443$2,084$2,680
      Renters$25,119$2,093$586$754

      Florida Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Florida6%7.5%

      Florida Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Florida0%0%

      Goods & Services

      ItemBiscayne ParkNational avg.Difference
      Haircut $13.88$17.4920.6%
      Beauty Salon $58.60$38.1753.5%
      Toothpaste $2.12$2.328.7%
      Shampoo $1.25$1.0123.5%
      Movie $13.77$10.7228.4%
      Bowling $22.83$13.8664.7%

      Groceries

      ItemBiscayne ParkNational avg.Difference
      Ground Beef $4.83$3.9023.8%
      Fried Chicken $1.61$1.4015.4%
      Milk $2.75$1.9640.1%
      Potatoes $3.87$3.1821.6%
      Pizza $8.99$10.3913.5%
      Beer $10.23$9.2310.8%

      Health Care

      ItemBiscayne ParkNational avg.Difference
      Optometrist $115.80$106.348.9%
      Doctor $106.25$115.257.8%
      Dentist $116.20$98.3818.1%
      Ibuprofen $11.42$9.2623.3%
      Lipitor $456.77$466.472.1%

      Housing

      ItemBiscayne ParkNational avg.Difference
      Home Price $354,700.00$184,700.0092.0%
      Avg. Mortgage Payment $1,633.75$1,273.3228.3%
      Apartment Rent $1,189.00$949.0025.3%

      Transportation

      ItemBiscayne ParkNational avg.Difference
      Gasoline $2.57$2.590.9%
      Tire Balancing $67.20$48.9037.4%

      Utilities

      ItemBiscayne ParkNational avg.Difference
      All Electricity$158.03$167.605.7%
      Phone $185.34$163.4213.4%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City, StatePopulationCost of Living IndexNational Avg.
      Fisher Island, FL2351033%
      Medley, FL89883-17%
      Pembroke Park, FL6,25989-11%
      Opa-locka, FL16,24591-9%
      Brownsville, FL15,86091-9%
      Biscayne Park, FL3,20312424%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Dundee, OR3,20311919%
      West Wyomissing, PA3,20390-10%
      Mamou, LA3,20379-21%
      Oakridge, OR3,2021011%
      Sutter, CA3,20411010%
      Biscayne Park, FL3,20312424%
      Source: The Biscayne Park, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.