Median mortgage payment for 2018: $2,738
Median rent for 2018: $1,338
Category |
Estimated Annual Spend (in 000's) |
|---|---|
| Food | $238,131 |
| --Home Prepared Food | $134,185 |
| --Restaurant/Takeaway Food | $103,946 |
| Alcoholic Beverages | $17,482 |
| Housing | $603,596 |
| --Rent/Mortgage/Upkeep/Taxes | $352,944 |
| --Utilities | $121,664 |
| --Operations | $45,831 |
| --Supplies | $22,443 |
| --Furnishings | $60,950 |
| Apparel | $55,989 |
| --Men & Boys | $12,521 |
| --Women & Girls | $22,679 |
| --Children < 2 | $236 |
| --Footwear | $11,812 |
| Transportation | $293,175 |
| --New Vehicles | $54,808 |
| --Used Vehicles | $62,604 |
| --Fuel | $63,313 |
| --Insurance | $29,294 |
| --Public Transit | $24,569 |
| Healthcare | $149,304 |
| Entertainment | $96,859 |
| --Pets | $19,844 |
| --Toys | $4,725 |
| Personal Care Products | $23,152 |
| Books & Literature | $3,307 |
| Education | $42,287 |
| Tobacco Products | $10,395 |
| Miscellaneous | $29,766 |
| Retirement | $56,698 |
| Non-health Insurance | $219,232 |
| Total Expenditures | $1,839,372 |
| Period | Geography | Population |
|---|---|---|
| 2014 | Miami Beach city, Florida | 90,669 |
| 2015 | Miami Beach city, Florida | 91,564 |
| 2016 | Miami Beach city, Florida | 91,784 |
| 2017 | Miami Beach city, Florida | 92,187 |
| 2018 | Miami Beach city, Florida | 91,826 |