Cost of Living in Cutler Bay, FL
Population: 44,483 • 2026 Data
$82,155
Median Household Income
+6% vs national
$1,893
Median Monthly Rent
+40% vs national
$420,800
Median Home Value
+24% vs national
4.2%
Unemployment Rate
Housing in Cutler Bay
The median home value in Cutler Bay, FL is $420,800. Monthly rent for a typical unit averages $1,893, while total monthly housing costs (including utilities and insurance) average $1,941.
Rent-to-income ratio: 27.7%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Cutler Bay, FL is $82,155. The unemployment rate stands at 4.2%, with a labor force of 24,357 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.