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Homestead, FL Utility & Living Guide

Homestead is a city within Miami-Dade County in the U.S. state of Florida, between Biscayne National Park to the east and Everglades National Park to the west.

Last updated: July 8, 2026

Total Utilities$255/mo

1BR Rent$1374/mo

Sales Tax7.5%

COL Index105 (+5% above national average)

Family Score6/10

Median Home$316,200

📷 Live Cameras — Homestead

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🌤️ Live Weather — Homestead

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Living in Homestead, summers are hot, with Aug highs around 88.8°F, while winters stay mild, with Jan lows rarely below 60.7°F. At just 0 heating degree days per year, home heating costs are minimal. Annual rainfall reaches 58.0 inches, mostly summer thunderstorms. Within 5 miles: 36 parks, 10 groceries, 19 dining spots and 49 schools. One hospital serves the immediate area. Median household income: $57,739. With a 20.4% poverty rate and 44.9% homeownership, the community reflects a stable residential mix. Air quality is Good — avg AQI 50 over the past week.

📍 City Briefing

⚠️ Natural Hazard History — Homestead

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💰 Budget Calculator

🔌 Utilities

🏠 Housing

📊 Cost of Living

💰 Taxes

👨‍👩‍👧 Families

🧮 Tools

Monthly Utility Costs

⚡ Electric

$120/mo

Florida Power & Light (FPL)

🔥 Gas

—

N/A - Electric only

💧 Water

$45/mo

Homestead Water Utility

🗑️ Garbage

$25/mo

Waste Management

📶 Internet

$65/mo

Combined Average Overhead$255/month

Housing Market

Rent & Property
1 Bedroom	$1374/mo
2 Bedrooms	$1527/mo
3 Bedrooms	$1908/mo
Median Home Price	$316,200
Property Tax Rate	1.2%
Avg Childcare/mo	$1000

Homestead’s housing market is moderately priced compared to Miami-Dade County, with steady demand due to its proximity to major highways and agricultural land. New developments are expanding suburban options.

Cost of Living

Overall COL Index

105

US national avg = 100

vs National Avg

+5% above national average

Groceries

102

Transportation

Healthcare

100

Childcare/mo

$1000

Tax Rates

Tax Overview
Total Sales Tax	7.5%
Property Tax Rate	1.2%
<p>State 6% + County 1% + City 0.5%</p>

Florida has no state income tax.

Family & Relocation

Family Vibe Score

6/10

Safety Index

Higher = safer

School Rating

6.5/10

GreatSchools avg

Avg Childcare

$1000/mo

City Pulse

Population Trend

+8% (growing)

Political Climate

Purple (mixed Republican/Democratic leanings)

Business Momentum

Moderate with key industries in agriculture, logistics, and tourism

Top Local Concerns

Traffic congestion, hurricane preparedness, affordable housing

🚌 Transit for Families

Limited public transit; bus routes exist but are not stroller-optimized. Most families rely on cars.

🎡 Top Kid Attractions

🎯
Homestead Speedway
🎯
Coral Castle
🎯
Fruit & Spice Park

Best Neighborhoods for Families

The Redland area offers spacious lots and rural charm, while downtown Homestead provides walkable amenities. Lakeside communities like Silver Palm are family-friendly.

Household Budget Calculator

Estimate your real monthly cost of living in Homestead based on your household profile.

📰 Live Local News

Homestead has strict zoning laws for agricultural land use and requires permits for most home renovations.

Financial Tools

Calculators

Income Tax CalculatorEstimate take-home pay by state
Mortgage CalculatorMonthly payment estimator
Affordability CalculatorHow much home can you afford?
Childcare Cost EstimatorCompare daycare costs by city

Planning Tools

Retirement PlannerRetirement readiness check
Car Lease CalculatorMonthly lease payment estimator
Savings CalculatorGrow your emergency fund
City Comparison ToolCompare cities side by side

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📊 Homestead — Census & Demographic Data

Official data from the US Census Bureau, American Community Survey.

💰 Median Household Income

$57,739

👤 Median Age

31.2

🏠 Homeownership Rate

44.9%

🔑 Renter Rate

55.1%

📉 Poverty Rate

20.4%

💼 Unemployment Rate

4.8%

📡 Internet Access

88.0%

🎓 College Educated

22.6%

☀️ Seasonal Utility Costs

Summer AC costs spike due to high humidity, often doubling electric bills. Winter heating is minimal, with mild temperatures keeping utility costs low.