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

Indices DifferenceInfo
Cost of Living in Miami, FL is 24.8% lower than in New York, NY (without rent)
Cost of Living Including Rent in Miami, FL is 27.4% lower than in New York, NY
Rent Prices in Miami, FL are 30.7% lower than in New York, NY
Restaurant Prices in Miami, FL are 14.0% lower than in New York, NY
Groceries Prices in Miami, FL are 20.2% lower than in New York, NY
Local Purchasing Power in Miami, FL is 10.8% higher 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 120.00 $ 100.00 $      -16.7 %
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) 5.68 $ 4.96 $      -12.7 %
Coke/Pepsi (12 oz small bottle) 3.01 $ 2.94 $      -2.0 %
Water (12 oz small bottle) 2.26 $ 2.25 $      -0.7 %
Markets
New York, NY Edit Miami, FL Edit
Milk (regular), (1 gallon) 5.53 $ 4.38 $      -20.9 %
Loaf of Fresh White Bread (1 lb) 4.32 $ 3.38 $      -21.6 %
Rice (white), (1 lb) 3.40 $ 1.78 $      -47.8 %
Eggs (regular) (12) 5.15 $ 4.01 $      -22.2 %
Local Cheese (1 lb) 7.58 $ 6.75 $      -11.0 %
Chicken Fillets (1 lb) 6.56 $ 5.49 $      -16.2 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.90 $ 7.62 $      -14.3 %
Apples (1 lb) 3.10 $ 3.07 $      -0.9 %
Banana (1 lb) 0.95 $ 0.82 $      -13.8 %
Oranges (1 lb) 2.69 $ 2.07 $      -23.2 %
Tomato (1 lb) 2.73 $ 2.23 $      -18.4 %
Potato (1 lb) 1.72 $ 1.14 $      -34.1 %
Onion (1 lb) 1.73 $ 1.55 $      -10.3 %
Lettuce (1 head) 3.19 $ 2.96 $      -7.1 %
Water (1.5 liter bottle) 2.36 $ 2.25 $      -4.7 %
Bottle of Wine (Mid-Range) 20.00 $ 15.00 $      -25.0 %
Domestic Beer (0.5 liter bottle) 2.75 $ 2.13 $      -22.6 %
Imported Beer (12 oz small bottle) 3.69 $ 2.63 $      -28.7 %
Cigarettes 20 Pack (Marlboro) 17.00 $ 9.90 $      -41.8 %
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 $ 2.20 $      -37.1 %
Taxi 1hour Waiting (Normal Tariff) 34.00 $ 24.00 $      -29.4 %
Gasoline (1 gallon) 3.83 $ 3.54 $      -7.5 %
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) 28,263.92 $ 25,621.86 $      -9.3 %
Utilities (Monthly)
New York, NY Edit Miami, FL Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 171.22 $ 162.41 $      -5.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 67.93 $ 60.38 $      -11.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 66.81 $ 65.00 $      -2.7 %
Sports And Leisure
New York, NY Edit Miami, FL Edit
Fitness Club, Monthly Fee for 1 Adult 145.60 $ 81.59 $      -44.0 %
Tennis Court Rent (1 Hour on Weekend) 74.38 $ 23.86 $      -67.9 %
Cinema, International Release, 1 Seat 20.00 $ 15.50 $      -22.5 %
Childcare
New York, NY Edit Miami, FL Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 3,168.00 $ 1,162.50 $      -63.3 %
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) 68.96 $ 50.80 $      -26.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 47.05 $ 53.50 $      +13.7 %
1 Pair of Nike Running Shoes (Mid-Range) 103.86 $ 82.78 $      -20.3 %
1 Pair of Men Leather Business Shoes 164.12 $ 100.00 $      -39.1 %
Rent Per Month
New York, NY Edit Miami, FL Edit
Apartment (1 bedroom) in City Centre 4,177.64 $ 2,818.80 $      -32.5 %
Apartment (1 bedroom) Outside of Centre 2,955.33 $ 2,098.82 $      -29.0 %
Apartment (3 bedrooms) in City Centre 8,625.17 $ 5,442.72 $      -36.9 %
Apartment (3 bedrooms) Outside of Centre 4,803.08 $ 3,893.74 $      -18.9 %
Buy Apartment Price
New York, NY Edit Miami, FL Edit
Price per Square Feet to Buy Apartment in City Centre 1,677.90 $ 600.47 $      -64.2 %
Price per Square Feet to Buy Apartment Outside of Centre 1,204.66 $ 370.66 $      -69.2 %
Salaries And Financing
New York, NY Edit Miami, FL Edit
Average Monthly Net Salary (After Tax) 5,500.51 $ 4,422.50 $      -19.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.92 6.64      -4.1 %
Last update: July 2024July 2024
Contributors in the past 12 months:487160