Residential comparison · 13 facts
Cutler Bay, FL vs Palmetto Bay, 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 Cutler Bay needs about $76,500 in Palmetto Bay to keep the same lifestyle.
Coming from Palmetto Bay, $85,000 of lifestyle costs about $93,500 in Cutler Bay.
A few differences
- Palmetto Bay is higher on median household income ($142,447 vs $89,244).
- Cutler Bay is lower on cost of living index (112 vs 140).
- Cutler Bay is lower on 2-bedroom rent ($1,800/mo vs $2,204/mo).
Cutler Bay vs Palmetto Bay · facet by facet
| Facet | Cutler Bay, FL | Palmetto Bay, FL |
|---|---|---|
| Median home price | $472,700 | $879,700 |
| 2-bedroom rent | $1,800/mo | $2,204/mo |
| Property tax rate | 0.8% | 0.8% |
| State & local income tax | 0% | 0% |
| Sales tax | 7% | 7% |
| Cost of living index | 112 | 140 |
| Groceries index | 103 | 103 |
| Utilities | $180/mo | $180/mo |
| Median household income | $89,244 | $142,447 |
| 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: Cutler Bay, FL · Palmetto Bay, FL
Questions & answers
- Is Cutler Bay cheaper than Palmetto Bay?
- Cutler Bay has the lower day-to-day cost index (112 vs 140 against a national 100). The other differences are shown facet by facet in the table.
- What household income in Palmetto Bay equals $85,000 in Cutler Bay?
- A household earning $85,000 in Cutler Bay needs about $76,500 in Palmetto Bay to keep the same lifestyle; coming the other way, $85,000 of Palmetto Bay lifestyle costs about $93,500 in Cutler Bay.