Cost of Living Comparison Between Miami, FL and Austin, TX 

Indices DifferenceInfo
Consumer Prices in Austin, TX are 6.3% lower than in Miami, FL (without rent)
Consumer Prices Including Rent in Austin, TX are 12.6% lower than in Miami, FL
Rent Prices in Austin, TX are 20.0% lower than in Miami, FL
Restaurant Prices in Austin, TX are 16.1% lower than in Miami, FL
Groceries Prices in Austin, TX are 0.3% lower than in Miami, FL
Local Purchasing Power in Austin, TX is 46.4% higher than in Miami, FL
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Miami, FL Edit Austin, TX Edit Difference
Meal, Inexpensive Restaurant 25.00 $ 19.00 $      -24.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $ 84.00 $      -16.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $ 10.00 $      -16.7 %
Domestic Beer (1 pint draught) 7.00 $ 6.00 $      -14.3 %
Imported Beer (12 oz small bottle) 8.00 $ 8.00 $      0.0 %
Cappuccino (regular) 4.82 $ 5.34 $      +10.9 %
Coke/Pepsi (12 oz small bottle) 2.69 $ 2.73 $      +1.4 %
Water (12 oz small bottle) 2.14 $ 2.21 $      +3.1 %
Markets
Miami, FL Edit Austin, TX Edit
Milk (regular), (1 gallon) 4.42 $ 3.95 $      -10.6 %
Loaf of Fresh White Bread (1 lb) 3.28 $ 3.22 $      -1.8 %
Rice (white), (1 lb) 1.78 $ 1.40 $      -21.1 %
Eggs (regular) (12) 3.89 $ 3.41 $      -12.3 %
Local Cheese (1 lb) 6.05 $ 6.18 $      +2.0 %
Chicken Fillets (1 lb) 4.75 $ 5.30 $      +11.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.50 $ 6.69 $      +3.0 %
Apples (1 lb) 2.58 $ 2.59 $      +0.5 %
Banana (1 lb) 0.86 $ 0.71 $      -17.5 %
Oranges (1 lb) 1.68 $ 2.04 $      +21.4 %
Tomato (1 lb) 2.03 $ 1.67 $      -17.6 %
Potato (1 lb) 1.08 $ 1.26 $      +16.9 %
Onion (1 lb) 1.38 $ 1.24 $      -9.8 %
Lettuce (1 head) 2.56 $ 1.94 $      -24.2 %
Water (1.5 liter bottle) 2.07 $ 2.00 $      -3.5 %
Bottle of Wine (Mid-Range) 12.99 $ 15.00 $      +15.5 %
Domestic Beer (0.5 liter bottle) 2.00 $ 2.07 $      +3.7 %
Imported Beer (12 oz small bottle) 2.37 $ 3.68 $      +55.4 %
Cigarettes 20 Pack (Marlboro) 9.00 $ 8.00 $      -11.1 %
Transportation
Miami, FL Edit Austin, TX Edit
One-way Ticket (Local Transport) 2.25 $ 1.75 $      -22.2 %
Monthly Pass (Regular Price) 115.00 $ 45.00 $      -60.9 %
Taxi Start (Normal Tariff) 2.98 $ 3.25 $      +9.2 %
Taxi 1 mile (Normal Tariff) 2.10 $ 2.75 $      +31.0 %
Taxi 1hour Waiting (Normal Tariff) 24.00 $ 35.00 $      +45.8 %
Gasoline (1 gallon) 3.48 $ 3.07 $      -11.6 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,000.00 $ 35,639.19 $      +1.8 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,955.19 $ 26,102.62 $      +4.6 %
Utilities (Monthly)
Miami, FL Edit Austin, TX Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 170.11 $ 173.25 $      +1.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 56.94 $ 61.15 $      +7.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 61.83 $ 66.20 $      +7.1 %
Sports And Leisure
Miami, FL Edit Austin, TX Edit
Fitness Club, Monthly Fee for 1 Adult 68.17 $ 57.67 $      -15.4 %
Tennis Court Rent (1 Hour on Weekend) 23.86 $ 17.50 $      -26.6 %
Cinema, International Release, 1 Seat 15.00 $ 14.50 $      -3.3 %
Childcare
Miami, FL Edit Austin, TX Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,162.50 $ 1,476.11 $      +27.0 %
International Primary School, Yearly for 1 Child 28,333.33 $ 21,625.00 $      -23.7 %
Clothing And Shoes
Miami, FL Edit Austin, TX Edit
1 Pair of Jeans (Levis 501 Or Similar) 46.50 $ 61.92 $      +33.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 43.12 $ 55.85 $      +29.5 %
1 Pair of Nike Running Shoes (Mid-Range) 80.28 $ 98.04 $      +22.1 %
1 Pair of Men Leather Business Shoes 96.67 $ 133.36 $      +38.0 %
Rent Per Month
Miami, FL Edit Austin, TX Edit
Apartment (1 bedroom) in City Centre 2,784.86 $ 2,292.40 $      -17.7 %
Apartment (1 bedroom) Outside of Centre 2,129.68 $ 1,539.66 $      -27.7 %
Apartment (3 bedrooms) in City Centre 5,402.90 $ 4,699.54 $      -13.0 %
Apartment (3 bedrooms) Outside of Centre 3,693.74 $ 2,679.17 $      -27.5 %
Buy Apartment Price
Miami, FL Edit Austin, TX Edit
Price per Square Feet to Buy Apartment in City Centre 575.52 $ 631.54 $      +9.7 %
Price per Square Feet to Buy Apartment Outside of Centre 359.55 $ 293.78 $      -18.3 %
Salaries And Financing
Miami, FL Edit Austin, TX Edit
Average Monthly Net Salary (After Tax) 4,289.41 $ 5,486.24 $      +27.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.57 6.77      +2.9 %
Last update: April 2024May 2024
Contributors in the past 12 months:149175