Cost of living in 10 of Florida's major cities, ranked cheapest to most expensive
Miami-Dade County in Florida is the most expensive urban area in the state, according to The Council for Community and Economic Research's Cost of Living Index.
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Posted 8/27/2023, 9:12:00 PM
businessinsider.com
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Home prices in Miami-Dade County reached a new high for the fourth consecutive month in July, with the median price of single-family homes hitting $631,670 and condominium prices reaching a new high of $420,000, driven by strong demand from wealthy buyers and limited supply, despite a double-digit decline in sales.
Miami and South Florida have experienced the highest increase in consumer prices among large U.S. urban areas, driven largely by the housing market, with home rents increasing by 15.3% and the cost of buying a home rising by 14.3%.