Cost of Living Comparison Between New York, NY and Miami, FL 

Indices DifferenceInfo
Consumer Prices in Miami, FL are 24.7% lower than in New York, NY (without rent)
Consumer Prices Including Rent in Miami, FL are 28.0% lower than in New York, NY
Rent Prices in Miami, FL are 31.6% lower than in New York, NY
Restaurant Prices in Miami, FL are 18.0% lower than in New York, NY
Groceries Prices in Miami, FL are 23.7% lower than in New York, NY
Local Purchasing Power in Miami, FL is 1.1% lower than in New York, NY
Currency: Sticky Currency      Switch to metric measurement units
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) 11.00 $ 8.00 $      -27.3 %
Cappuccino (regular) 5.72 $ 4.89 $      -14.5 %
Coke/Pepsi (12 oz small bottle) 3.17 $ 2.79 $      -11.9 %
Water (12 oz small bottle) 2.33 $ 2.23 $      -4.2 %
Markets
New York, NY Edit Miami, FL Edit
Milk (regular), (1 gallon) 5.65 $ 4.36 $      -22.7 %
Loaf of Fresh White Bread (1 lb) 4.39 $ 3.26 $      -25.6 %
Rice (white), (1 lb) 3.40 $ 2.20 $      -35.3 %
Eggs (regular) (12) 5.22 $ 4.09 $      -21.6 %
Local Cheese (1 lb) 7.64 $ 6.01 $      -21.3 %
Chicken Fillets (1 lb) 6.93 $ 5.25 $      -24.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.99 $ 7.14 $      -20.6 %
Apples (1 lb) 3.10 $ 2.88 $      -7.1 %
Banana (1 lb) 0.96 $ 0.86 $      -10.7 %
Oranges (1 lb) 2.53 $ 2.07 $      -18.2 %
Tomato (1 lb) 2.93 $ 2.31 $      -21.2 %
Potato (1 lb) 1.81 $ 1.13 $      -37.4 %
Onion (1 lb) 1.69 $ 1.47 $      -13.0 %
Lettuce (1 head) 2.95 $ 2.72 $      -7.9 %
Water (1.5 liter bottle) 2.52 $ 2.24 $      -11.4 %
Bottle of Wine (Mid-Range) 20.00 $ 13.00 $      -35.0 %
Domestic Beer (0.5 liter bottle) 2.53 $ 2.08 $      -17.8 %
Imported Beer (12 oz small bottle) 3.86 $ 2.53 $      -34.3 %
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 $ 115.00 $      -12.9 %
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) 3.85 $ 3.50 $      -9.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,000.00 $ 35,000.00 $      0.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 28,356.86 $ 24,955.19 $      -12.0 %
Utilities (Monthly)
New York, NY Edit Miami, FL Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 187.85 $ 169.20 $      -9.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 68.17 $ 61.47 $      -9.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 71.82 $ 63.23 $      -12.0 %
Sports And Leisure
New York, NY Edit Miami, FL Edit
Fitness Club, Monthly Fee for 1 Adult 147.95 $ 68.07 $      -54.0 %
Tennis Court Rent (1 Hour on Weekend) 93.12 $ 23.38 $      -74.9 %
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 3,123.56 $ 1,162.50 $      -62.8 %
International Primary School, Yearly for 1 Child 58,000.00 $ 28,333.33 $      -51.1 %
Clothing And Shoes
New York, NY Edit Miami, FL Edit
1 Pair of Jeans (Levis 501 Or Similar) 72.17 $ 48.29 $      -33.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 48.24 $ 48.89 $      +1.3 %
1 Pair of Nike Running Shoes (Mid-Range) 101.23 $ 81.58 $      -19.4 %
1 Pair of Men Leather Business Shoes 169.09 $ 96.43 $      -43.0 %
Rent Per Month
New York, NY Edit Miami, FL Edit
Apartment (1 bedroom) in City Centre 4,350.00 $ 2,798.70 $      -35.7 %
Apartment (1 bedroom) Outside of Centre 2,895.30 $ 2,125.83 $      -26.6 %
Apartment (3 bedrooms) in City Centre 8,779.04 $ 5,418.28 $      -38.3 %
Apartment (3 bedrooms) Outside of Centre 4,625.19 $ 3,789.66 $      -18.1 %
Buy Apartment Price
New York, NY Edit Miami, FL Edit
Price per Square Feet to Buy Apartment in City Centre 1,710.37 $ 575.52 $      -66.4 %
Price per Square Feet to Buy Apartment Outside of Centre 1,142.75 $ 359.55 $      -68.5 %
Salaries And Financing
New York, NY Edit Miami, FL Edit
Average Monthly Net Salary (After Tax) 5,903.58 $ 4,206.58 $      -28.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.74 6.56      -2.8 %
Last update: May 2024May 2024
Contributors in the past 12 months:491147