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

Indices DifferenceInfo
Consumer Prices in New York, NY are 34.6% higher than in Miami, FL (without rent)
Consumer Prices Including Rent in New York, NY are 38.2% higher than in Miami, FL
Rent Prices in New York, NY are 42.3% higher than in Miami, FL
Restaurant Prices in New York, NY are 21.7% higher than in Miami, FL
Groceries Prices in New York, NY are 40.8% higher than in Miami, FL
Local Purchasing Power in New York, NY is 1.6% lower than in Miami, FL
Currency: Sticky Currency      Switch to metric measurement units
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 $ 10.50 $      +31.2 %
Cappuccino (regular) 4.82 $ 5.57 $      +15.6 %
Coke/Pepsi (12 oz small bottle) 2.69 $ 3.05 $      +13.1 %
Water (12 oz small bottle) 2.14 $ 2.29 $      +6.7 %
Markets
Miami, FL Edit New York, NY Edit
Milk (regular), (1 gallon) 4.42 $ 5.63 $      +27.5 %
Loaf of Fresh White Bread (1 lb) 3.28 $ 4.33 $      +32.3 %
Rice (white), (1 lb) 1.78 $ 3.21 $      +80.8 %
Eggs (regular) (12) 3.89 $ 5.30 $      +36.5 %
Local Cheese (1 lb) 6.05 $ 7.46 $      +23.2 %
Chicken Fillets (1 lb) 4.75 $ 6.93 $      +46.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.50 $ 8.69 $      +33.8 %
Apples (1 lb) 2.58 $ 3.17 $      +23.1 %
Banana (1 lb) 0.86 $ 0.92 $      +7.6 %
Oranges (1 lb) 1.68 $ 2.66 $      +58.1 %
Tomato (1 lb) 2.03 $ 2.86 $      +41.2 %
Potato (1 lb) 1.08 $ 1.84 $      +70.7 %
Onion (1 lb) 1.38 $ 1.69 $      +22.6 %
Lettuce (1 head) 2.56 $ 2.92 $      +14.2 %
Water (1.5 liter bottle) 2.07 $ 2.43 $      +17.4 %
Bottle of Wine (Mid-Range) 12.99 $ 20.00 $      +54.0 %
Domestic Beer (0.5 liter bottle) 2.00 $ 2.53 $      +26.6 %
Imported Beer (12 oz small bottle) 2.37 $ 3.81 $      +60.7 %
Cigarettes 20 Pack (Marlboro) 9.00 $ 17.00 $      +88.9 %
Transportation
Miami, FL Edit New York, NY Edit
One-way Ticket (Local Transport) 2.25 $ 2.90 $      +28.9 %
Monthly Pass (Regular Price) 115.00 $ 132.00 $      +14.8 %
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) 3.48 $ 3.85 $      +10.9 %
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 170.11 $ 183.18 $      +7.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 56.94 $ 66.32 $      +16.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 61.83 $ 71.56 $      +15.7 %
Sports And Leisure
Miami, FL Edit New York, NY Edit
Fitness Club, Monthly Fee for 1 Adult 68.17 $ 132.14 $      +93.9 %
Tennis Court Rent (1 Hour on Weekend) 23.86 $ 77.86 $      +226.3 %
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 $ 58,250.00 $      +105.6 %
Clothing And Shoes
Miami, FL Edit New York, NY Edit
1 Pair of Jeans (Levis 501 Or Similar) 46.50 $ 70.85 $      +52.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 43.12 $ 47.53 $      +10.2 %
1 Pair of Nike Running Shoes (Mid-Range) 80.28 $ 97.75 $      +21.8 %
1 Pair of Men Leather Business Shoes 96.67 $ 163.59 $      +69.2 %
Rent Per Month
Miami, FL Edit New York, NY Edit
Apartment (1 bedroom) in City Centre 2,784.86 $ 4,150.51 $      +49.0 %
Apartment (1 bedroom) Outside of Centre 2,129.68 $ 2,846.86 $      +33.7 %
Apartment (3 bedrooms) in City Centre 5,402.90 $ 8,432.88 $      +56.1 %
Apartment (3 bedrooms) Outside of Centre 3,693.74 $ 4,503.08 $      +21.9 %
Buy Apartment Price
Miami, FL Edit New York, NY Edit
Price per Square Feet to Buy Apartment in City Centre 575.52 $ 1,644.57 $      +185.8 %
Price per Square Feet to Buy Apartment Outside of Centre 359.55 $ 1,091.71 $      +203.6 %
Salaries And Financing
Miami, FL Edit New York, NY Edit
Average Monthly Net Salary (After Tax) 4,289.41 $ 5,828.80 $      +35.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.57 6.68      +1.6 %
Last update: April 2024May 2024
Contributors in the past 12 months:149477