Doral, FL

Very High · 172

Florida · Population 76,490 · Updated March 2026

$2,510
Median Rent / Month
$88,474
Median Income
$514,600
Median Home Value
$2,477
Owner Costs / Month

Affordability

How far your income goes in Doral

34.0%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

Tax Burden in Florida

State-level tax rates that affect your costs

0%
Income Tax (Top Rate)
6.0%
Sales Tax
0.86%
Property Tax Rate

Estimated Annual Costs

$30,120
Annual Rent
$0
State Income Tax
$4,426
Property Tax (est.)

Cost of Living Overview

Doral has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 172 (where 100 equals the national median), Doral residents can expect to pay median rent of $2,510/month while earning a median household income of $88,474/year.

The median home value in Doral, FL is $514,600, with typical monthly owner costs around $2,477 including mortgage, insurance, and taxes. At 34.0% rent-to-income ratio, residents of Doral are spending more than the recommended 30% of income on housing, indicating moderate cost burden.

Florida has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 6.0% sales tax rate and 0.86% effective property tax rate, the overall tax environment helps keep costs manageable in Doral.

Frequently Asked Questions

Common questions about living costs in Doral

What is the cost of living in Doral, FL?
The cost of living index in Doral, FL is 172 (US average = 100). Median monthly rent is $2,510, median household income is $88,474/year, and the median home value is $514,600.
Is Doral, FL affordable?
No, Doral is more expensive than the national average with a cost index of 172. The rent-to-income ratio is 34.0%—above the 30%% affordability threshold.
What is the average rent in Doral, FL?
The median gross rent in Doral, FL is $2,510 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $30,120.
What is the median household income in Doral?
The median household income in Doral, FL is $88,474 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Florida?
Florida has a top income tax rate of 0%, a sales tax of 6.0%, and an effective property tax rate of 0.86%. Notably, there is no state income tax.