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The 10 Most Expensive Places to Live in Florida

Surfside, Florida

Florida is a beautiful state that sees its share of warm and sunny weather. There are many reasons why people choose Florida as a place to retire. It's also home to several cities that cater to the wants and needs of the very wealthy. If you fall into this category, you might be interested in knowing which cities are the most affluent. If you live on a limited income, it's good to know which places are the most expensive so you can look elsewhere. We've gathered statistics from a variety of data-based sources to present the 10 most expensive places in Florida to live, for your consideration.

Highland Beach, Florida

10. Highland Beach, Florida offers information on the average selling price of homes in Highland Beach. Although it's not the most expensive place to live in Florida, it is the tenth-highest. The average price of a home is $1,410,664. It is difficult to find a home in this city that is under $425,000. The cost of the property or even a small dwelling is high just for the privilege of living in the neighborhood. Many homes sell for millions of dollars in Highland Beach. The cost of living is also elevated in this town.

Key Largo, Florida

9. Key Largo, Florida

If you think that Highland Beach is expensive, Key Largo is even higher. This area was made famous by celebrity film stars Humphrey Bogart and Loren Bacall. The average selling price of a home in Key Largo is $1,460,814. The average retiree would likely spend their life savings on a down-payment and then struggle to keep the annual property taxes paid. There are some more affordable homes in Key Largo, however. We looked through the listings on and found a few for around $215,000. We did however discover that some of the properties selling or $450,000 have little property with older manufactured homes placed on them that require replacement. The value of the real estate is high in Key Largo.

Miami Beach, Florida

8. Miami Beach, Florida

The average home price in Miami Beach is $1,490,083. This is higher than the previous two cities on our list of the most expensive places to live. This city is the home of 90,000 residents and it's a premier vacation destination for the rich and famous. While you can find a few places that range from $230,000 upwards, it's a place that caters to those who have a lot of money. It can be one of the most wonderful places to live on the face of the Earth if you have the money to live there. It's hard to find a dwelling that doesn't have an amazing view, and this drives up the value. The city is situated on barrier islands in between Biscayne Bay and the Atlantic Ocean and it's a little slice of heaven.

Southwest Ranches, Florida

7. Southwest Ranches, Florida

According to, Southwest Ranches is a city in Broward Country, Florida with just 7,800 residents. This rural community is populated with hardworking people who earn a median income of $98,000 per family. It's a family-friendly place to live. Although it's one of the more expensive places to live in the state, the quality of life is good there.

Sunny Isles Beaches, Florida

6. Sunny Isles Beaches, Florida

Sunny Isles Beaches is one of the most beautiful cities in Florida, but it's also one of the most expensive. Although the median income for a family is estimated at $53,000 annually, the house is large and beautiful, most residents are homeowners and it's a hot spot for people who come for surfing, sunbathing, and nightclubbing. It has all of the amenities of Miami without the chaos.

Key West, Florida

5. Key West, Florida

Key West is a haven for young professionals on their way up. It's an entrepreneur hub and many of these up-and-coming business owners are wealthy. The technology industry and tourism fund the opulent lifestyles of residents here. It's a great place to live if you can afford the cost.

Miami, Florida

4. Miami, Florida

Miami is a major metropolitan area that has some of the best attractions in the state. It draws tourists in to enjoy the amenities of the city along with the hope of catching a glimpse of the hordes of celebrity actors, directors, and star musicians who frequent the clubs and hot spots of the city. It's an expensive place to live though.

Aventura, Florida

3. Aventura, Florida

According to Homesnacks, Aventura is a Floridian city that is also expensive to live in. The population is 37,303 residents. Although it isn't a large city, the income-to-rent ratio is high. The home price to income is also high. The main family income is $63,892 annually with the median home value at $355,200. Although you need to make decent money to afford a home the overall livability score is high at 8.5 out of 10.

West Miami, Florida

2. West Miami, Florida

West Miami is a small community of just 7,788 residents. It's even more expensive to live there than it is in Aventura. The median family income is just $49,942 per year with the median home value at $335,800. It's more difficult to afford the cost of a home in this small town.

Surfside, Florida

1. Surfside, Florida

Surfside is a tiny town with a population of only 5,725 residents calling it home. The median home value in Surfside is a whopping $625,500 with the median family income at $69,063. The home price to income ratio and the income to rent ratio make this a tough place to make ends meet unless you have a cache of personal wealth. It's a beautiful town that everyone wants to live in and this is why the cost of homeownership is so high in Surfside.

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Dana Hanson

Written by Dana Hanson

Dana has extensive professional writing experience including technical and report writing, informational articles, persuasive articles, contrast and comparison, grant applications, and advertisement. She also enjoys creative writing, content writing on nearly any topic (particularly business and lifestyle), because as a lifelong learner, she loves to do research and possess a high skill level in this area. Her academic degrees include AA social Sci/BA English/MEd Adult Ed & Community & Human Resource Development and ABD in PhD studies in Indust & Org Psychology.

Read more posts by Dana Hanson

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