Cost of living in North Bay Village, Florida

North Bay Village, Florida has about 8,118 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $464,200.

HUD's fair-market rent for a 2-bedroom in Miami-Dade County is $2,564 a month. That is the county number, not an apartment listing in North Bay Village. It runs from October 2026 through September 2027.

In the Miami-Fort Lauderdale-West Palm Beach, FL metro area, prices sit at 114.2 when the U.S. average is 100. That is a 2024 BEA index.

Florida does not tax wages. A typical combined sales tax is 7.0% as of January 1, 2026. That mix is statewide, not North Bay Village's exact store tax.

In July 2026, a typical Florida home paid 15.03¢ per kilowatt-hour. That is a state average from EIA, not North Bay Village's bill.

For the week of October 12, 2026, EIA's all-grades gasoline price in Florida was $4.084 a gallon. At 12,000 miles a year and 25 mpg, the index counts that as $1,960.32 a year. Those miles are our standard, not a Census figure, and every town in Florida shares this price.

Among 730 places we list in Florida with a rent figure, 96 have higher typical rent than North Bay Village.