| Index | Kendall West | Florida | National |
| Cost of living | 119 | 102 | 100 |
| Groceries | 104 | 102 | 100 |
| Health care | 101 | 104 | 100 |
| Housing | 155 | 97 | 100 |
| Transportation | 104 | 103 | 100 |
| Utilities | 111 | 110 | 100 |
| Lifestyle & Entertainment | 106 | 104 | 100 |
| Household Items | 101 | 102 | 100 |
| Education & Childcare | 102 | 106 | 100 |
Understanding the cost of living in Kendall West 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 Kendall West cost of living index is 119, which is 19% 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 Kendall West 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 54.7% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.
Is Kendall West affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Kendall West, for instance, where the median home price falls 51.7% higher than the national average, and monthly rent rates are 61.8% higher than usual. Additionally, median income levels contribute to the equation, with Kendall West flaunting a median household income of $90,451, 11.2% higher than the national norm.
Healthcare: Healthcare expenses and insurance premiums can vary significantly depending on the specific city or state. Factors such as accessibility to healthcare facilities, out-of-pocket expenses for doctor's visits, dental care expenses, prescription costs and specialized medical care fees can all influence the overall cost of living. In Kendall West, healthcare costs are 1% higher than the national average.
Utilities: Like everything else, utilities costs can range significantly depending on factors like climate, energy sources available, location and even state regulations. Things like electricity, water, heating and waste disposal costs can be higher or lower, depending on the city or state. The utilities index in Kendall West comes in at 10.5% higher than the national average.
Housing: When there's a high demand for housing in trendy places, it can cause property prices and rental rates to soar, leading to a significantly higher cost of living. Conversely, in less desirable locations, where demand is low, prices tend to decrease, resulting in a more budget-friendly cost of living. In Kendall West, the housing index is 54.7% higher than the national average.
The Kendall West cost of living data above is designed around a U.S. average baseline of 100, allowing for easy comparisons of relative living costs. Housing incorporates U.S. Census home price and rental data, while all other figures are AI-assisted estimates that account for regional price trends, climate, transportation dynamics, and common everyday expenses. These values are best used as 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 | $105,348 | $8,779 | $2,458 | $3,161 |
| Renters | $75,626 | $6,302 | $1,764 | $2,269 |
| 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. |
| Homestead Base, FL | 748 | 105 | 4.9% |
| Medley, FL | 1,076 | 89 | 10.7% |
| Gladeview, FL | 13,938 | 99 | 1.4% |
| Opa-locka, FL | 16,610 | 101 | 1.2% |
| West Little River, FL | 33,229 | 104 | 3.6% |
| Kendall West, FL | 39,549 | 119 | 19.2% |
| City | Population | Cost of Living Index | National Avg. |
| Clovis, NM | 39,532 | 92 | 8.5% |
| Pahrump, NV | 39,506 | 101 | 0.9% |
| Hot Springs, AR | 39,496 | 88 | 11.6% |
| Hurst, TX | 39,602 | 105 | 4.7% |
| Hobbs, NM | 39,472 | 93 | 6.7% |
| Kendall West, FL | 39,549 | 119 | 19.2% |
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