Residential comparison · 13 facts
Coral Gables, FL vs Coral Terrace, FL
Compare the housing, tax, cost, income, safety, school, and climate facts that are available for both places. The table shows the numbers without declaring one city universally better.
A household earning $85,000 in Coral Gables needs about $76,000 in Coral Terrace to keep the same lifestyle.
Coming from Coral Terrace, $85,000 of lifestyle costs about $94,000 in Coral Gables.
A few differences
- Coral Gables is higher on median household income ($134,216 vs $80,353).
- Coral Terrace is lower on cost of living index (116 vs 158).
- Coral Terrace is lower on 2-bedroom rent ($1,671/mo vs $2,611/mo).
Coral Gables vs Coral Terrace · facet by facet
| Facet | Coral Gables, FL | Coral Terrace, FL |
|---|---|---|
| Median home price | $1,089,900 | $582,900 |
| 2-bedroom rent | $2,611/mo | $1,671/mo |
| Property tax rate | 0.8% | 0.8% |
| State & local income tax | 0% | 0% |
| Sales tax | 7% | 7% |
| Cost of living index | 158 | 116 |
| Groceries index | 103 | 103 |
| Utilities | $180/mo | $180/mo |
| Median household income | $134,216 | $80,353 |
| Unemployment rate | 3.3% | 3.3% |
| Crime index | 45/100 | 45/100 |
| School rating | 5.8/10 | 5.8/10 |
| Sunny days / year | 240 days | 240 days |
Data: Census ACS 2024 · BLS · Tax Foundation 2024 brackets · HUD/Zillow · NOAA 1991–2020 · FEMA NRI · Values are shown as reported; no universal winner is implied.
Full profiles: Coral Gables, FL · Coral Terrace, FL
Questions & answers
- Is Coral Gables cheaper than Coral Terrace?
- Coral Terrace has the lower day-to-day cost index (116 vs 158 against a national 100). The other differences are shown facet by facet in the table.
- What household income in Coral Terrace equals $85,000 in Coral Gables?
- A household earning $85,000 in Coral Gables needs about $76,000 in Coral Terrace to keep the same lifestyle; coming the other way, $85,000 of Coral Terrace lifestyle costs about $94,000 in Coral Gables.