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Cost of Living in Hialeah, FL

Population 226,165 · Census ACS 2020–2024 5-year estimates

Median rent$1,689
Median home value$392,000
Median household income$55,594

The median rent in Hialeah, FL is $1,689/month, about the same as the Florida median and 20% higher than the U.S. median. The median home value is $392,000, 18% higher than the national median. Households earn a median of $55,594 a year, 25% lower than the state median.

Affordability

Rent as a share of median income: 36.5%
Income needed for median rent (30% rule): $67,560/yr
Home price-to-income ratio: 7.1×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,982/mo

Run your own numbers: mortgage calculator · hourly to salary

Hialeah vs. Florida vs. U.S.

HialeahFloridaU.S.
Median rent$1,689$1,669$1,413
Median home value$392,000$359,000$332,700
Median household income$55,594$74,568$80,734
Homeownership rate46.6%67.6%65.2%
Bachelor's degree or higher22.1%34.1%35.7%
Poverty rate17.0%12.6%12.5%
Unemployment rate4.1%4.8%5.2%
Work from home13.4%15.7%15.1%
Median age45.842.638.9

FAQ

What is the average rent in Hialeah, FL?

The median gross rent in Hialeah, FL is $1,689 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Hialeah, FL?

Using the common 30% rule, renting a median-priced home takes about $67,560 a year in gross income.

Is Hialeah, FL expensive to live in?

Rent there is 20% higher than the U.S. median, and the median home costs about 7.1 times the median household income.

Other cities in Florida

Jacksonville, FLRent $1,465 · Income $69,872Miami, FLRent $1,758 · Income $62,462Tampa, FLRent $1,701 · Income $75,475Orlando, FLRent $1,747 · Income $72,336St. Petersburg, FLRent $1,663 · Income $75,192Port St. Lucie, FLRent $1,937 · Income $80,648

Cities with a similar cost of living

Cudahy, CARent $1,711 · Income $56,615Spring Valley, NYRent $1,695 · Income $57,196Lakewood, NJRent $1,718 · Income $56,968Sun City, AZRent $1,569 · Income $54,586Paterson, NJRent $1,548 · Income $55,997Lawrence, MARent $1,662 · Income $60,433

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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