Cost of Living Comparison Between New York, NY and Miami, FL 
| Indices Difference |  |
|---|---|
| Cost of Living in Miami, FL is 14.9% lower than in New York, NY (excluding rent) | |
| Cost of Living Including Rent in Miami, FL is 22.9% lower than in New York, NY | |
| Rent Prices in Miami, FL are 32.5% lower than in New York, NY | |
| Restaurant Prices in Miami, FL are 2.1% lower than in New York, NY | |
| Groceries Prices in Miami, FL are 10.8% lower than in New York, NY | |
| Local Purchasing Power in Miami, FL is 1.7% higher than in New York, NY | |
Restaurants | New York, NY Edit |
Miami, FL Edit | Difference |
|---|---|---|---|
| Meal at an Inexpensive Restaurant | $25.00 | $30.00 | +20.0 % |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) | $150.00 | $120.00 | -20.0 % |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) | $13.00 | $15.00 | +15.4 % |
| Domestic Draft Beer (1 Pint) | $8.00 | $8.00 | 0.0 % |
| Imported Beer (12 oz Small Bottle) | $10.00 | $9.00 | -10.0 % |
| Cappuccino (Regular Size) | $5.89 | $5.60 | -4.9 % |
| Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) | $3.44 | $3.18 | -7.7 % |
| Bottled Water (12 oz) | $2.80 | $2.96 | +5.6 % |
Markets | New York, NY Edit |
Miami, FL Edit | |
| Milk (Regular, 1 Liter) | $1.41 | $1.33 | -5.3 % |
| Fresh White Bread (1 lb Loaf) | $4.18 | $3.83 | -8.5 % |
| White Rice (1 lb) | $3.19 | $2.65 | -17.0 % |
| Eggs (12, Large Size) | $6.11 | $5.25 | -14.1 % |
| Local Cheese (1 lb) | $7.66 | $8.37 | +9.3 % |
| Chicken Fillets (1 lb) | $6.78 | $6.94 | +2.3 % |
| Beef Round or Equivalent Back Leg Red Meat (1 lb) | $8.44 | $10.63 | +26.0 % |
| Apples (1 lb) | $3.11 | $2.57 | -17.5 % |
| Bananas (1 lb) | $1.02 | $0.90 | -11.7 % |
| Oranges (1 lb) | $2.63 | $2.12 | -19.2 % |
| Tomatoes (1 lb) | $2.98 | $2.22 | -25.5 % |
| Potatoes (1 lb) | $1.54 | $1.54 | -0.0 % |
| Onions (1 lb) | $1.79 | $1.56 | -12.7 % |
| Lettuce (1 Head) | $2.79 | $2.99 | +7.1 % |
| Bottled Water (50 oz) | $2.50 | $2.17 | -13.1 % |
| Bottle of Wine (Mid-Range) | $20.00 | $15.00 | -25.0 % |
| Domestic Beer (16.9 oz Bottle) | $3.46 | $2.58 | -25.6 % |
| Imported Beer (12 oz Small Bottle) | $3.96 | $3.51 | -11.4 % |
| Cigarettes (Pack of 20, Marlboro) | $19.00 | $9.07 | -52.3 % |
Transportation | New York, NY Edit |
Miami, FL Edit | |
| One-Way Ticket (Local Transport) | $3.00 | $2.25 | -25.0 % |
| Monthly Public Transport Pass (Regular Price) | $140.00 | $112.50 | -19.6 % |
| Taxi Start (Standard Tariff) | $3.00 | $2.95 | -1.7 % |
| Taxi 1 mile (Standard Tariff) | $3.50 | $3.30 | -5.7 % |
| Taxi 1 Hour Waiting (Standard Tariff) | $42.00 | $24.00 | -42.9 % |
| Gasoline (1 Liter) | $1.05 | $0.93 | -10.9 % |
| Volkswagen Golf 1.5 (or Equivalent New Compact Car) | $35,458.00 | $36,928.80 | +4.1 % |
| Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) | $25,308.95 | $26,221.33 | +3.6 % |
Utilities (Monthly) | New York, NY Edit |
Miami, FL Edit | |
| Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) | $229.24 | $165.37 | -27.9 % |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) | $67.62 | $64.21 | -5.0 % |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) | $75.35 | $68.88 | -8.6 % |
Sports And Leisure | New York, NY Edit |
Miami, FL Edit | |
| Monthly Fitness Club Membership | $130.25 | $88.45 | -32.1 % |
| Tennis Court Rental (1 Hour, Weekend) | $55.44 | $23.00 | -58.5 % |
| Cinema Ticket (International Release) | $22.50 | $20.00 | -11.1 % |
Childcare | New York, NY Edit |
Miami, FL Edit | |
| Private Full-Day Preschool or Kindergarten, Monthly Fee per Child | $3,365.67 | $1,784.92 | -47.0 % |
| International Primary School, Annual Tuition per Child | $60,549.33 | $38,614.00 | -36.2 % |
Clothing And Shoes | New York, NY Edit |
Miami, FL Edit | |
| Jeans (Levi's 501 or Similar) | $69.38 | $50.07 | -27.8 % |
| Summer Dress in a Chain Store (e.g. Zara or H&M) | $51.55 | $57.69 | +11.9 % |
| Nike Running Shoes (Mid-Range) | $117.65 | $100.00 | -15.0 % |
| Men's Leather Business Shoes | $132.18 | $130.88 | -1.0 % |
Rent Per Month | New York, NY Edit |
Miami, FL Edit | |
| 1 Bedroom Apartment in City Centre | $4,284.90 | $2,820.95 | -34.2 % |
| 1 Bedroom Apartment Outside of City Centre | $2,779.76 | $2,062.35 | -25.8 % |
| 3 Bedroom Apartment in City Centre | $9,033.93 | $5,666.43 | -37.3 % |
| 3 Bedroom Apartment Outside of City Centre | $5,035.38 | $3,709.00 | -26.3 % |
Buy Apartment Price | New York, NY Edit |
Miami, FL Edit | |
| Price per Square Feet to Buy Apartment in City Centre | $1,666.45 | $642.92 | -61.4 % |
| Price per Square Feet to Buy Apartment Outside of Centre | $584.51 | $335.93 | -42.5 % |
Salaries And Financing | New York, NY Edit |
Miami, FL Edit | |
| Average Monthly Net Salary (After Tax) | $5,423.65 | $4,250.30 | -21.6 % |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 6.33 | 6.33 | +0.1 % |
| Last update: | 12 June 2026 | 5 June 2026 | |
| Contributors in the past 12 months: | 234 | 81 | |
Moving to New York, NY? Explore:
Moving to Miami, FL? Explore:
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 Glen Cove, New York | 30.15 miles |
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 Wellington, Florida | 67.35 miles |
| Cost of Living in West Palm Beach, Florida | 70.25 miles |
| Cost of Living in Royal Palm Beach, Florida | 72.53 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 |