Cost of Living Comparison Between New York, NY and Miami, FL 
| Indices Difference |  |
|---|---|
| Cost of Living in Miami, FL is 22.8% lower than in New York, NY (without rent) | |
| Cost of Living Including Rent in Miami, FL is 26.8% lower than in New York, NY | |
| Rent Prices in Miami, FL are 31.0% lower than in New York, NY | |
| Restaurant Prices in Miami, FL are 17.6% lower than in New York, NY | |
| Groceries Prices in Miami, FL are 23.5% lower than in New York, NY | |
| Local Purchasing Power in Miami, FL is 3.0% higher than in New York, NY | |
Restaurants | New York, NY Edit |
Miami, FL Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 30.00 $ | 25.00 $ | -16.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 130.00 $ | 100.00 $ | -23.1 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 12.00 $ | 12.00 $ | 0.0 % |
| Domestic Beer (1 pint draught) | 8.00 $ | 7.00 $ | -12.5 % |
| Imported Beer (12 oz small bottle) | 10.00 $ | 8.00 $ | -20.0 % |
| Cappuccino (regular) | 5.66 $ | 4.89 $ | -13.7 % |
| Coke/Pepsi (12 oz small bottle) | 3.07 $ | 2.79 $ | -9.0 % |
| Water (12 oz small bottle) | 2.28 $ | 2.23 $ | -1.9 % |
Markets | New York, NY Edit |
Miami, FL Edit | |
| Milk (regular), (1 gallon) | 5.64 $ | 4.33 $ | -23.3 % |
| Loaf of Fresh White Bread (1 lb) | 4.35 $ | 3.26 $ | -25.1 % |
| Rice (white), (1 lb) | 3.33 $ | 2.09 $ | -37.2 % |
| Eggs (regular) (12) | 5.25 $ | 4.09 $ | -22.1 % |
| Local Cheese (1 lb) | 7.46 $ | 6.07 $ | -18.6 % |
| Chicken Fillets (1 lb) | 6.81 $ | 5.30 $ | -22.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 8.69 $ | 7.25 $ | -16.6 % |
| Apples (1 lb) | 3.14 $ | 2.88 $ | -8.1 % |
| Banana (1 lb) | 0.96 $ | 0.83 $ | -14.1 % |
| Oranges (1 lb) | 2.59 $ | 1.98 $ | -23.5 % |
| Tomato (1 lb) | 2.93 $ | 2.23 $ | -23.8 % |
| Potato (1 lb) | 1.81 $ | 1.14 $ | -36.9 % |
| Onion (1 lb) | 1.69 $ | 1.47 $ | -13.1 % |
| Lettuce (1 head) | 2.95 $ | 2.74 $ | -7.2 % |
| Water (1.5 liter bottle) | 2.47 $ | 2.24 $ | -9.7 % |
| Bottle of Wine (Mid-Range) | 20.00 $ | 13.00 $ | -35.0 % |
| Domestic Beer (0.5 liter bottle) | 2.57 $ | 2.03 $ | -20.8 % |
| Imported Beer (12 oz small bottle) | 3.81 $ | 2.53 $ | -33.5 % |
| Cigarettes 20 Pack (Marlboro) | 17.00 $ | 9.45 $ | -44.4 % |
Transportation | New York, NY Edit |
Miami, FL Edit | |
| One-way Ticket (Local Transport) | 2.90 $ | 2.25 $ | -22.4 % |
| Monthly Pass (Regular Price) | 132.00 $ | 113.75 $ | -13.8 % |
| Taxi Start (Normal Tariff) | 5.00 $ | 2.98 $ | -40.5 % |
| Taxi 1 mile (Normal Tariff) | 3.50 $ | 2.10 $ | -40.0 % |
| Taxi 1hour Waiting (Normal Tariff) | 34.00 $ | 24.00 $ | -29.4 % |
| Gasoline (1 gallon) | 3.86 $ | 3.49 $ | -9.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 31,500.00 $ | 35,000.00 $ | +11.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 27,469.93 $ | 24,955.19 $ | -9.2 % |
Utilities (Monthly) | New York, NY Edit |
Miami, FL Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 176.78 $ | 169.20 $ | -4.3 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 66.45 $ | 61.74 $ | -7.1 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 70.88 $ | 62.46 $ | -11.9 % |
Sports And Leisure | New York, NY Edit |
Miami, FL Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 140.00 $ | 75.53 $ | -46.0 % |
| Tennis Court Rent (1 Hour on Weekend) | 77.86 $ | 23.38 $ | -70.0 % |
| Cinema, International Release, 1 Seat | 20.00 $ | 15.00 $ | -25.0 % |
Childcare | New York, NY Edit |
Miami, FL Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 3,096.67 $ | 1,162.50 $ | -62.5 % |
| International Primary School, Yearly for 1 Child | 57,600.00 $ | 28,333.33 $ | -50.8 % |
Clothing And Shoes | New York, NY Edit |
Miami, FL Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 71.83 $ | 48.29 $ | -32.8 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 48.24 $ | 51.00 $ | +5.7 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 98.90 $ | 80.75 $ | -18.4 % |
| 1 Pair of Men Leather Business Shoes | 165.41 $ | 98.33 $ | -40.6 % |
Rent Per Month | New York, NY Edit |
Miami, FL Edit | |
| Apartment (1 bedroom) in City Centre | 4,328.21 $ | 2,773.75 $ | -35.9 % |
| Apartment (1 bedroom) Outside of Centre | 2,861.97 $ | 2,113.76 $ | -26.1 % |
| Apartment (3 bedrooms) in City Centre | 8,565.00 $ | 5,358.34 $ | -37.4 % |
| Apartment (3 bedrooms) Outside of Centre | 4,551.11 $ | 3,765.09 $ | -17.3 % |
Buy Apartment Price | New York, NY Edit |
Miami, FL Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 1,569.57 $ | 591.38 $ | -62.3 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 1,142.75 $ | 363.60 $ | -68.2 % |
Salaries And Financing | New York, NY Edit |
Miami, FL Edit | |
| Average Monthly Net Salary (After Tax) | 5,723.89 $ | 4,318.32 $ | -24.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.72 | 6.58 | -2.1 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 499 | 150 |
Moving to New York, NY? Explore:
Moving to Miami, FL? Explore:
Cities near New York, NY: | Cost of Living in Jersey City, New Jersey | 4.58 miles |
| Cost of Living in East Rutherford, New Jersey | 10.01 miles |
| Cost of Living in Rutherford, New Jersey | 10.22 miles |
| Cost of Living in Newark, New Jersey | 11.63 miles |
| Cost of Living in Paterson, New Jersey | 17.95 miles |
| Cost of Living in Bergen County, New Jersey | 20.13 miles |
| Cost of Living in Hempstead, New York | 22.26 miles |
| Cost of Living in West Caldwell, New Jersey | 23.56 miles |
| Cost of Living in Woodbridge, New Jersey | 25.26 miles |
| Cost of Living in Parsippany-Troy Hills, New Jersey | 30.18 miles |
Cities near Miami, FL: | Cost of Living in Fort Lauderdale, Florida | 27.52 miles |
| Cost of Living in Deerfield Beach, Florida | 41.37 miles |
| Cost of Living in Boynton Beach, Florida | 56.57 miles |
| Cost of Living in West Palm Beach, Florida | 70.25 miles |
| Cost of Living in Port St Lucie, Florida | 111.85 miles |
| Cost of Living in Naples, Florida | 123.55 miles |
| Cost of Living in Fort Myers, Florida | 156.10 miles |
| Cost of Living in Venice, Florida | 213.33 miles |
| Cost of Living in Orlando, Florida | 234.00 miles |