Median mortgage payment for 2018: $1,933
Median rent for 2018: $1,120
Category |
Estimated Annual Spend (in 000's) |
|---|---|
| Food | $631,655 |
| --Home Prepared Food | $355,932 |
| --Restaurant/Takeaway Food | $275,722 |
| Alcoholic Beverages | $46,371 |
| Housing | $1,601,070 |
| --Rent/Mortgage/Upkeep/Taxes | $936,203 |
| --Utilities | $322,720 |
| --Operations | $121,568 |
| --Supplies | $59,531 |
| --Furnishings | $161,674 |
| Apparel | $148,514 |
| --Men & Boys | $33,212 |
| --Women & Girls | $60,158 |
| --Children < 2 | $627 |
| --Footwear | $31,332 |
| Transportation | $777,662 |
| --New Vehicles | $145,381 |
| --Used Vehicles | $166,060 |
| --Fuel | $167,940 |
| --Insurance | $77,704 |
| --Public Transit | $65,171 |
| Healthcare | $396,038 |
| Entertainment | $256,923 |
| --Pets | $52,638 |
| --Toys | $12,533 |
| Personal Care Products | $61,411 |
| Books & Literature | $8,773 |
| Education | $112,169 |
| Tobacco Products | $27,572 |
| Miscellaneous | $78,957 |
| Retirement | $150,394 |
| Non-health Insurance | $581,523 |
| Total Expenditures | $4,879,032 |
| Period | Geography | Population |
|---|---|---|
| 2014 | Miami city, Florida | 416,432 |
| 2015 | Miami city, Florida | 424,632 |
| 2016 | Miami city, Florida | 432,622 |
| 2017 | Miami city, Florida | 443,007 |
| 2018 | Miami city, Florida | 451,214 |