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Most Affordable Neighborhoods In Miami, FL

Looking for a fresh start in a new Miami neighborhood that is actually affordable? Fortunately, there are some neighborhoods that still offer affordable cost of living. Listed below are the most affordable neighborhoods in Miami for 2024, ranked by their cost of living index. The cost of living index includes various items such as: goods and services, groceries, utilities, real estate and rental rates. For reference, the national average for cost of living is 100.

Population 25,023
-26%
Cost of Living Index 91 vs 124
26% lower than Miami
Population 17,923
-17%
Cost of Living Index 103 vs 124
17% lower than Miami
Population 47,224
-13%
Cost of Living Index 108 vs 124
13% lower than Miami
Population 49,734
-12%
Cost of Living Index 108 vs 124
12% lower than Miami
Population 12,917
-11%
Cost of Living Index 110 vs 124
11% lower than Miami
Population 58,188
-6%
Cost of Living Index 117 vs 124
6% lower than Miami
Population 59,848
-5%
Cost of Living Index 117 vs 124
5% lower than Miami
Population 32,894
-5%
Cost of Living Index 118 vs 124
5% lower than Miami
Population 42,946
8%
Cost of Living Index 134 vs 124
8% higher than Miami
Population 112
10%
Cost of Living Index 137 vs 124
10% higher than Miami
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