Cost of living in South Miami, FL

South Miami is a Census city in Miami-Dade County, FL. ACS 2024 5-year population is 12,277. Median gross rent is $1,764 (ACS 2024 5-year, this place). Median home value is $829,400. Median household income is $94,507. Insurance is the NAIC state average; food is a USDA plan — no town indexes.