Residential comparison · 13 facts
Coral Terrace, 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 Terrace needs about $90,000 in Miami Beach to keep the same lifestyle.
Coming from Miami Beach, $85,000 of lifestyle costs about $80,000 in Coral Terrace.
A few differences
- Coral Terrace is higher on median household income ($80,353 vs $72,856).
- Coral Terrace is lower on cost of living index (116 vs 124).
- Coral Terrace is lower on 2-bedroom rent ($1,671/mo vs $2,337/mo).
Coral Terrace vs Miami Beach · facet by facet
| Facet | Coral Terrace, FL | Miami Beach, FL |
|---|---|---|
| Median home price | $582,900 | $556,700 |
| 2-bedroom rent | $1,671/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 | 116 | 124 |
| Groceries index | 103 | 103 |
| Utilities | $180/mo | $180/mo |
| Median household income | $80,353 | $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 Terrace, FL · Miami Beach, FL
Questions & answers
- Is Coral Terrace cheaper than Miami Beach?
- Coral Terrace has the lower day-to-day cost index (116 vs 124 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 Terrace?
- A household earning $85,000 in Coral Terrace needs about $90,000 in Miami Beach to keep the same lifestyle; coming the other way, $85,000 of Miami Beach lifestyle costs about $80,000 in Coral Terrace.