Residential comparison · 13 facts
Coral Gables, FL vs Miami Beach, 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 $81,000 in Miami Beach to keep the same lifestyle.
Coming from Miami Beach, $85,000 of lifestyle costs about $89,000 in Coral Gables.
A few differences
- Coral Gables is higher on median household income ($134,216 vs $72,856).
- Miami Beach is lower on cost of living index (124 vs 158).
- Miami Beach is lower on 2-bedroom rent ($2,337/mo vs $2,611/mo).
Coral Gables vs Miami Beach · facet by facet
| Facet | Coral Gables, FL | Miami Beach, FL |
|---|---|---|
| Median home price | $1,089,900 | $556,700 |
| 2-bedroom rent | $2,611/mo | $2,337/mo |
| Property tax rate | 0.8% | 0.8% |
| State & local income tax | 0% | 0% |
| Sales tax | 7% | 7% |
| Cost of living index | 158 | 124 |
| Groceries index | 103 | 103 |
| Utilities | $180/mo | $180/mo |
| Median household income | $134,216 | $72,856 |
| 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 · Miami Beach, FL
Questions & answers
- Is Coral Gables cheaper than Miami Beach?
- Miami Beach has the lower day-to-day cost index (124 vs 158 against a national 100). The other differences are shown facet by facet in the table.
- What household income in Miami Beach equals $85,000 in Coral Gables?
- A household earning $85,000 in Coral Gables needs about $81,000 in Miami Beach to keep the same lifestyle; coming the other way, $85,000 of Miami Beach lifestyle costs about $89,000 in Coral Gables.