Cutler Bay, FL, showcases a higher cost of living in several key areas compared to the nationwide average, which is set at 100. Housing costs in Cutler Bay stand at 110, meaning housing expenses are 10% higher than the national average. Similarly, groceries are 5% above the average at 105, while transportation costs sit slightly above at 102%.
Despite these increases, utilities and healthcare in Cutler Bay are relatively close to the national average, with utilities at 95 and healthcare at 97. Miscellaneous costs match the national average at 100, providing a balanced view of the overall cost of living in the area.
The cost of living index in Cutler Bay, Florida, reveals a few important insights for those considering a move. Housing costs in Cutler Bay are 10% higher than the nationwide average. This means people spend about 110% of what they would in an average U.S. city for housing. Groceries in Cutler Bay are also slightly higher, with an index of 105, which is 5% more than the national average.
Other costs in Cutler Bay show some variation. Utilities are about 5% lower than the national average, with an index of 95. Transportation costs are 2% higher, at an index of 102, indicating slightly more for commuting and fuel. Healthcare costs in Cutler Bay are slightly below the average, at 97, which means they are 3% less expensive than the nationwide average. Miscellaneous expenses, however, match the national average at 100, indicating no difference. Overall, while some costs are higher in Cutler Bay, others are lower, offering a mixed outlook for potential residents.
