Is Lakewood Ranch cheaper than North Miami Beach?

North Miami Beach has the lower day-to-day cost index (107 vs 130 against a national 100). The other differences are shown facet by facet in the table.

What household income in North Miami Beach equals $85,000 in Lakewood Ranch?

A household earning $85,000 in Lakewood Ranch needs about $76,000 in North Miami Beach to keep the same lifestyle; coming the other way, $85,000 of North Miami Beach lifestyle costs about $94,000 in Lakewood Ranch.

City data & comparisons

Residential comparison · 13 facts

Lakewood Ranch, FL vs North 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.

Personalize this comparison

A household earning $85,000 in Lakewood Ranch needs about $76,000 in North Miami Beach to keep the same lifestyle.

Coming from North Miami Beach, $85,000 of lifestyle costs about $94,000 in Lakewood Ranch.

A few differences

Lakewood Ranch is higher on median household income ($122,925 vs $63,280).
North Miami Beach is lower on cost of living index (107 vs 130).
North Miami Beach is lower on 2-bedroom rent ($1,848/mo vs $2,237/mo).

Lakewood Ranch vs North Miami Beach · facet by facet

Facet	Lakewood Ranch, FL	North Miami Beach, FL
Median home price	$678,200	$366,700
2-bedroom rent	$2,237/mo	$1,848/mo
Property tax rate	0.8%	0.8%
State & local income tax	0%	0%
Sales tax	7%	7%
Cost of living index	130	107
Groceries index	103	103
Utilities	$180/mo	$180/mo
Median household income	$122,925	$63,280
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: Lakewood Ranch, FL · North Miami Beach, FL

Questions & answers

Is Lakewood Ranch cheaper than North Miami Beach?: North Miami Beach has the lower day-to-day cost index (107 vs 130 against a national 100). The other differences are shown facet by facet in the table.
What household income in North Miami Beach equals $85,000 in Lakewood Ranch?: A household earning $85,000 in Lakewood Ranch needs about $76,000 in North Miami Beach to keep the same lifestyle; coming the other way, $85,000 of North Miami Beach lifestyle costs about $94,000 in Lakewood Ranch.