| Index | Hialeah | Florida | National |
| Cost of living | 116 | 102 | 100 |
| Groceries | 104 | 102 | 100 |
| Health care | 105 | 104 | 100 |
| Housing | 137 | 97 | 100 |
| Transportation | 107 | 103 | 100 |
| Utilities | 109 | 110 | 100 |
| Lifestyle & Entertainment | 110 | 104 | 100 |
| Household Items | 105 | 102 | 100 |
| Education & Childcare | 114 | 106 | 100 |
Understanding the cost of living in Hialeah can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The Hialeah cost of living index is 116, which is 16% higher than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.
Housing costs are a very significant part of the Hialeah cost of living index and generally encompass a large percentage of take-home income. Unfortunately, in this area, the housing costs for both homes and rentals were 37% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.
Wondering if Hialeah is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Hialeah, for example, the median home price is 42% higher than what folks pay nationally, and monthly rent is 25.4% higher than the usual rates. Plus, income levels matter too, with Hialeah boasting a median household income of $58,392, which is 28.2% lower than the national average.
Groceries: Grocery expenditures have undergone notable escalation over the last 2-3 years. In some markets, the cost of food products has surged by more than 20%, while others have experienced only modest increments. These fluctuations in food costs can have a significant impact on the overall cost of living in any region. In Hialeah, the groceries index registers 4% higher than the national average.
Subsidies: Some areas might offer government subsidies or assistance programs that help lower cost of living for residents. These programs can include anything from Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and crop subsidies. Areas that offer less subsidies, could see an increase in their cost of living.
Transportation: In areas where public transportation is scarce or unavailable, residents often find themselves compelled to own and upkeep vehicles, thereby increasing the overall cost of living. Monthly expenses encompass fuel, insurance, routine maintenance and potentially lease or financing payments. In Hialeah, the transportation index is 7% higher than the national average.
The Hialeah cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for directional city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $80,186 | $6,682 | $1,871 | $2,406 |
| Renters | $45,108 | $3,759 | $1,052 | $1,353 |
| State | General Sales Tax | With Max Surtax |
| Florida | 6% | 7.5% |
| State | Income Tax (Low) | Income Tax (High) |
| Florida | 0% | 0% |
| City | Population | Cost of Living Index | National Avg. |
| Medley, FL | 1,076 | 89 | 10.7% |
| Pembroke Park, FL | 6,970 | 89 | 11.0% |
| Gladeview, FL | 13,938 | 99 | 1.4% |
| Opa-locka, FL | 16,610 | 101 | 1.2% |
| West Little River, FL | 33,229 | 104 | 3.6% |
| Hialeah, FL | 241,985 | 116 | 16.1% |
| City | Population | Cost of Living Index | National Avg. |
| Fremont, CA | 242,323 | 226 | 126.0% |
| Regina, SK | 241,465 | n/a | |
| Arlington, VA | 244,812 | 179 | 79.4% |
| Garland, TX | 245,211 | 102 | 1.8% |
| Richmond, VA | 237,217 | 112 | 12.3% |
| Hialeah, FL | 241,985 | 116 | 16.1% |
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