Cost of living in Sunny Isles Beach
Sunny Isles Beach, located in Florida, is known for its beautiful beaches and luxurious lifestyle. Understanding the cost of living in this city is crucial for anyone considering moving here or planning a visit.
This guide provides a detailed breakdown of various expenses, including dining, groceries, transportation, housing, and utilities, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $20 on average, with a range between $15 and $50.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $80, with prices ranging from $60 to $175.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $11, with a range between $10 and $15.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $5 to $10, imported beer $7 to $18, cappuccino $3 to $10, and Coke/Pepsi $2 to $5.
Grocery Prices
- Milk - Milk is priced between $0.81 and $1.58 per liter, averaging $1.09.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.65 and $6.61, with an average price of $3.
- Eggs (Dozen) - A dozen eggs range from $1.79 to $7, averaging $4.02.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.76 to $11.02 per kg, while oranges range from $2.18 to $11.02 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.99 and $6.61 per kg, and lettuce costs $1.98 to $4 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.76 and $1.06 per liter.
- Taxi Fares - Taxi fares start at $2.5, with a cost of $0.93 to $3.11 per km and $20 to $45 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $2500.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $103.48 and $500, averaging $158.48.
- Internet - Internet services range from $45 to $100, with an average cost of $60.14.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Sunny Isles Beach offers a luxurious lifestyle with a relatively high cost of living, especially in terms of dining and housing.
While groceries and utilities are moderately priced, transportation costs can vary significantly depending on the mode of travel.
Potential residents should budget carefully, particularly for housing and dining, to manage expenses effectively.
Conclusion
In conclusion, Sunny Isles Beach is an attractive location with its beautiful beaches and upscale amenities, but it comes with a higher cost of living.
Prospective residents and visitors should be prepared for higher expenses in dining and housing, while also considering the moderate costs of groceries and utilities.
Overall, careful financial planning is recommended to enjoy the luxurious lifestyle that Sunny Isles Beach has to offer.