Cost of Living Comparison Between New York, NY and Miami, FL 
| Indices Difference |  |
|---|---|
| Cost of Living in Miami, FL is 25.0% lower than in New York, NY (without rent) | |
| Cost of Living Including Rent in Miami, FL is 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 14.3% lower than in New York, NY | |
| Groceries Prices in Miami, FL are 20.1% lower than in New York, NY | |
| Local Purchasing Power in Miami, FL is 6.7% higher than in New York, NY | |
Restaurants | New York, NY Edit |
Miami, FL Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 30.00 $ | 26.18 $ | -12.7 % |
| 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 (0.5 liter draught) | 9.00 $ | 7.50 $ | -16.7 % |
| Imported Beer (0.33 liter bottle) | 11.00 $ | 9.00 $ | -18.2 % |
| Cappuccino (regular) | 5.87 $ | 5.39 $ | -8.3 % |
| Coke/Pepsi (0.33 liter bottle) | 3.14 $ | 3.23 $ | +2.9 % |
| Water (0.33 liter bottle) | 2.33 $ | 2.58 $ | +10.6 % |
Markets | New York, NY Edit |
Miami, FL Edit | |
| Milk (regular), (1 liter) | 1.48 $ | 1.16 $ | -21.9 % |
| Loaf of Fresh White Bread (500g) | 4.85 $ | 3.77 $ | -22.3 % |
| Rice (white), (1kg) | 7.41 $ | 4.31 $ | -41.8 % |
| Eggs (regular) (12) | 4.93 $ | 4.14 $ | -16.0 % |
| Local Cheese (1kg) | 16.68 $ | 14.75 $ | -11.6 % |
| Chicken Fillets (1kg) | 15.04 $ | 12.48 $ | -17.0 % |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | 19.98 $ | 18.32 $ | -8.3 % |
| Apples (1kg) | 6.89 $ | 6.08 $ | -11.8 % |
| Banana (1kg) | 2.20 $ | 1.85 $ | -16.0 % |
| Oranges (1kg) | 5.79 $ | 4.15 $ | -28.3 % |
| Tomato (1kg) | 5.93 $ | 4.78 $ | -19.3 % |
| Potato (1kg) | 3.75 $ | 2.53 $ | -32.6 % |
| Onion (1kg) | 3.59 $ | 3.21 $ | -10.7 % |
| Lettuce (1 head) | 3.15 $ | 2.88 $ | -8.6 % |
| Water (1.5 liter bottle) | 2.45 $ | 2.21 $ | -10.0 % |
| Bottle of Wine (Mid-Range) | 20.00 $ | 15.00 $ | -25.0 % |
| Domestic Beer (0.5 liter bottle) | 2.75 $ | 2.38 $ | -13.3 % |
| Imported Beer (0.33 liter bottle) | 3.39 $ | 3.00 $ | -11.5 % |
| Cigarettes 20 Pack (Marlboro) | 17.00 $ | 10.35 $ | -39.1 % |
Transportation | New York, NY Edit |
Miami, FL Edit | |
| One-way Ticket (Local Transport) | 2.90 $ | 2.25 $ | -22.4 % |
| Monthly Pass (Regular Price) | 134.00 $ | 113.75 $ | -15.1 % |
| Taxi Start (Normal Tariff) | 5.00 $ | 4.00 $ | -20.0 % |
| Taxi 1km (Normal Tariff) | 2.17 $ | 1.30 $ | -40.0 % |
| Taxi 1hour Waiting (Normal Tariff) | 40.00 $ | 24.00 $ | -40.0 % |
| Gasoline (1 liter) | 1.01 $ | 0.96 $ | -5.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 35,000.00 $ | 34,000.00 $ | -2.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 28,848.79 $ | 25,966.40 $ | -10.0 % |
Utilities (Monthly) | New York, NY Edit |
Miami, FL Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | 178.12 $ | 159.80 $ | -10.3 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 65.55 $ | 62.83 $ | -4.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 64.37 $ | 66.35 $ | +3.1 % |
Sports And Leisure | New York, NY Edit |
Miami, FL Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 147.83 $ | 71.09 $ | -51.9 % |
| Tennis Court Rent (1 Hour on Weekend) | 74.38 $ | 23.38 $ | -68.6 % |
| 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 | 3,188.33 $ | 1,248.08 $ | -60.9 % |
| International Primary School, Yearly for 1 Child | 58,000.00 $ | 25,250.00 $ | -56.5 % |
Clothing And Shoes | New York, NY Edit |
Miami, FL Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 67.12 $ | 49.44 $ | -26.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 47.86 $ | 52.50 $ | +9.7 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 106.86 $ | 85.53 $ | -20.0 % |
| 1 Pair of Men Leather Business Shoes | 170.64 $ | 119.38 $ | -30.0 % |
Rent Per Month | New York, NY Edit |
Miami, FL Edit | |
| Apartment (1 bedroom) in City Centre | 4,098.47 $ | 2,843.62 $ | -30.6 % |
| Apartment (1 bedroom) Outside of Centre | 2,835.32 $ | 2,126.28 $ | -25.0 % |
| Apartment (3 bedrooms) in City Centre | 8,732.93 $ | 5,415.75 $ | -38.0 % |
| Apartment (3 bedrooms) Outside of Centre | 5,303.48 $ | 3,960.92 $ | -25.3 % |
Buy Apartment Price | New York, NY Edit |
Miami, FL Edit | |
| Price per Square Meter to Buy Apartment in City Centre | 18,356.04 $ | 6,616.14 $ | -64.0 % |
| Price per Square Meter to Buy Apartment Outside of Centre | 12,897.56 $ | 4,023.90 $ | -68.8 % |
Salaries And Financing | New York, NY Edit |
Miami, FL Edit | |
| Average Monthly Net Salary (After Tax) | 5,628.81 $ | 4,323.87 $ | -23.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.61 | 6.66 | +0.8 % |
| Last update: | October 2024 | October 2024 | |
| Contributors in the past 12 months: | 470 | 183 |
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