Cost of Living
per year
per month
How Homestead's prices compare to the US city average across major spending categories.
How far does your salary go in Homestead?
Your $100,000 in Homestead has the same purchasing power as $79,974 in the average US city. You'd need $20,026 more here to maintain that standard of living.
Demographics and workforce data from the US Census ACS 5-Year.
bachelor's or higher
Climate, safety, and walkability indicators.
See a side-by-side breakdown of cost of living, housing, and salaries.
Popular comparisons
Sorted by affordability — most affordable first.
Within 10 points of Homestead's cost index of 125, sorted by closest match.
Homestead has a handful of real selling points, and they're not the kind of thing you find in a brochure. Florida doesn't tax your paycheck and winter, but barely are the headliners, plus 1 more things worth knowing. The rest is below.
Living in Homestead means no state income tax on your salary — Florida is one of nine states that simply doesn't have one. On a $100k income that's typically thousands of dollars a year that stay in your account instead of going to a state revenue department.
Homestead essentially skips winter as the rest of the country knows it. Average winter temperatures of 63°F mean a light jacket is the most you'll need, and outdoor life keeps going year-round. Summer comes in at 90°F, which is hot but on the predictable Sun Belt curve.
Average AQI in Homestead comes in around 37, well into the "good" band. Clean air isn't a thing you appreciate until you've lived somewhere it wasn't — and this is the side of that line you want to be on.
Reasons are pulled from Homestead's actual data — Census ACS, BLS, BEA, NOAA, EPA AQS, FBI, and Walk Score. We don't list positives that aren't supported by the numbers, which is why different cities show different sections.
It doesn't. With winter temperatures around 63°F, Homestead is too warm for snow as a regular occurrence. The closest most residents get is on a trip to the mountains.
Homestead skips winter as the rest of the country knows it. Averages around 63°F mean a jacket is the most you'll need, and that's mainly in the evenings.
Properly hot. Homestead's summer averages around 90°F with daily highs that routinely break 100°F. The trick to summer here is starting the day at sunrise and staying inside through the worst of it.
Homestead falls in roughly USDA Zone 11. The zone classification is based on average annual minimum temperatures, so it's the right lookup for whether perennials and trees will overwinter here. Note that this is approximate from our winter-temperature data — check the USDA map for the exact zone before betting an expensive plant on it.
Barely above the water. Homestead is at about 13 feet (4 m) elevation, and parts of the city are essentially at sea level. Flood-zone maps are worth checking before buying a house.
Hurricane season covers June through November, with peak activity in late summer and early fall. For Homestead, the practical advice is: have a few days of water and supplies on hand from August onward, know your evacuation route, and don't wait for the news to tell you a storm is "probably nothing" — track the cone yourself.
Middle of the pack. Homestead comes in around 3,216 per 100,000, basically the national average. The interesting question is usually which neighborhood, not which city — that's where the real variation lives.
More expensive than average — by enough to plan around. Homestead's composite index is 125 versus 100 for the US, with rent and home prices driving most of the gap. Salaries in higher-paying industries usually move together, but the math still tightens for everyone else.
Homestead's Walk Score is 7/100, firmly in the car-required tier. Transit Score is 19 out of 100. The layout assumes you'll drive to the grocery store, drive to work, drive everywhere.
As a rule of thumb, plan on about $87,528 to live in Homestead the way a $70,000 earner lives in a typical US city. The math gets less forgiving the lower you go below that. Median rent in Homestead runs about $1,527/mo — keeping housing under 30% of gross income points to a similar floor on what you'd want to earn.