Cost of Living Comparison Between Miami, FL and New York, NY 
| Indices Difference |  |
|---|---|
| Cost of Living in New York, NY is 29.6% higher than in Miami, FL (without rent) | |
| Cost of Living Including Rent in New York, NY is 36.5% higher than in Miami, FL | |
| Rent Prices in New York, NY are 44.9% higher than in Miami, FL | |
| Restaurant Prices in New York, NY are 21.3% higher than in Miami, FL | |
| Groceries Prices in New York, NY are 30.7% higher than in Miami, FL | |
| Local Purchasing Power in New York, NY is 0.2% lower than in Miami, FL | |
Restaurants | Miami, FL Edit |
New York, NY Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 25.00 $ | 30.00 $ | +20.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 100.00 $ | 130.00 $ | +30.0 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 12.00 $ | 12.00 $ | 0.0 % |
| Domestic Beer (1 pint draught) | 7.00 $ | 8.00 $ | +14.3 % |
| Imported Beer (12 oz small bottle) | 8.00 $ | 10.00 $ | +25.0 % |
| Cappuccino (regular) | 4.89 $ | 5.66 $ | +15.9 % |
| Coke/Pepsi (12 oz small bottle) | 2.79 $ | 3.07 $ | +9.9 % |
| Water (12 oz small bottle) | 2.23 $ | 2.28 $ | +2.0 % |
Markets | Miami, FL Edit |
New York, NY Edit | |
| Milk (regular), (1 gallon) | 4.33 $ | 5.64 $ | +30.4 % |
| Loaf of Fresh White Bread (1 lb) | 3.26 $ | 4.35 $ | +33.4 % |
| Rice (white), (1 lb) | 2.09 $ | 3.33 $ | +59.2 % |
| Eggs (regular) (12) | 4.09 $ | 5.25 $ | +28.4 % |
| Local Cheese (1 lb) | 6.07 $ | 7.46 $ | +22.8 % |
| Chicken Fillets (1 lb) | 5.30 $ | 6.81 $ | +28.5 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 7.25 $ | 8.69 $ | +20.0 % |
| Apples (1 lb) | 2.88 $ | 3.14 $ | +8.9 % |
| Banana (1 lb) | 0.83 $ | 0.96 $ | +16.4 % |
| Oranges (1 lb) | 1.98 $ | 2.59 $ | +30.7 % |
| Tomato (1 lb) | 2.23 $ | 2.93 $ | +31.2 % |
| Potato (1 lb) | 1.14 $ | 1.81 $ | +58.6 % |
| Onion (1 lb) | 1.47 $ | 1.69 $ | +15.1 % |
| Lettuce (1 head) | 2.74 $ | 2.95 $ | +7.8 % |
| Water (1.5 liter bottle) | 2.24 $ | 2.47 $ | +10.7 % |
| Bottle of Wine (Mid-Range) | 13.00 $ | 20.00 $ | +53.8 % |
| Domestic Beer (0.5 liter bottle) | 2.03 $ | 2.57 $ | +26.3 % |
| Imported Beer (12 oz small bottle) | 2.53 $ | 3.81 $ | +50.3 % |
| Cigarettes 20 Pack (Marlboro) | 9.45 $ | 17.00 $ | +79.9 % |
Transportation | Miami, FL Edit |
New York, NY Edit | |
| One-way Ticket (Local Transport) | 2.25 $ | 2.90 $ | +28.9 % |
| Monthly Pass (Regular Price) | 113.75 $ | 132.00 $ | +16.0 % |
| Taxi Start (Normal Tariff) | 2.98 $ | 5.00 $ | +68.1 % |
| Taxi 1 mile (Normal Tariff) | 2.10 $ | 3.50 $ | +66.7 % |
| Taxi 1hour Waiting (Normal Tariff) | 24.00 $ | 34.00 $ | +41.7 % |
| Gasoline (1 gallon) | 3.49 $ | 3.86 $ | +10.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 35,000.00 $ | 31,500.00 $ | -10.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 24,955.19 $ | 27,469.93 $ | +10.1 % |
Utilities (Monthly) | Miami, FL Edit |
New York, NY Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 169.20 $ | 176.78 $ | +4.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 61.74 $ | 66.45 $ | +7.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 62.46 $ | 70.88 $ | +13.5 % |
Sports And Leisure | Miami, FL Edit |
New York, NY Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 75.53 $ | 140.00 $ | +85.3 % |
| Tennis Court Rent (1 Hour on Weekend) | 23.38 $ | 77.86 $ | +233.1 % |
| Cinema, International Release, 1 Seat | 15.00 $ | 20.00 $ | +33.3 % |
Childcare | Miami, FL Edit |
New York, NY Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 1,162.50 $ | 3,096.67 $ | +166.4 % |
| International Primary School, Yearly for 1 Child | 28,333.33 $ | 57,600.00 $ | +103.3 % |
Clothing And Shoes | Miami, FL Edit |
New York, NY Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 48.29 $ | 71.83 $ | +48.7 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 51.00 $ | 48.24 $ | -5.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 80.75 $ | 98.90 $ | +22.5 % |
| 1 Pair of Men Leather Business Shoes | 98.33 $ | 165.41 $ | +68.2 % |
Rent Per Month | Miami, FL Edit |
New York, NY Edit | |
| Apartment (1 bedroom) in City Centre | 2,773.75 $ | 4,328.21 $ | +56.0 % |
| Apartment (1 bedroom) Outside of Centre | 2,113.76 $ | 2,861.97 $ | +35.4 % |
| Apartment (3 bedrooms) in City Centre | 5,358.34 $ | 8,565.00 $ | +59.8 % |
| Apartment (3 bedrooms) Outside of Centre | 3,765.09 $ | 4,551.11 $ | +20.9 % |
Buy Apartment Price | Miami, FL Edit |
New York, NY Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 591.38 $ | 1,641.14 $ | +177.5 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 363.60 $ | 1,142.75 $ | +214.3 % |
Salaries And Financing | Miami, FL Edit |
New York, NY Edit | |
| Average Monthly Net Salary (After Tax) | 4,318.32 $ | 5,882.70 $ | +36.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.58 | 6.72 | +2.2 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 150 | 503 |
Moving to Miami, FL? Explore:
Moving to New York, NY? Explore:
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 |
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 |