Cost of Living Comparison Between New York, NY and Miami, FL 
| Indices Difference |  |
|---|---|
| Cost of Living in Miami, FL is 27.2% lower than in New York, NY (without rent) | |
| Cost of Living Including Rent in Miami, FL is 29.5% lower than in New York, NY | |
| Rent Prices in Miami, FL are 32.4% lower than in New York, NY | |
| Restaurant Prices in Miami, FL are 13.5% lower than in New York, NY | |
| Groceries Prices in Miami, FL are 25.0% lower than in New York, NY | |
| Local Purchasing Power in Miami, FL is 7.4% higher than in New York, NY | |
Restaurants | New York, NY Edit |
Miami, FL Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 30.00 $ | 26.00 $ | -13.3 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 130.00 $ | 105.00 $ | -19.2 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 12.00 $ | 12.00 $ | 0.0 % |
| Domestic Beer (1 pint draught) | 9.00 $ | 8.00 $ | -11.1 % |
| Imported Beer (12 oz small bottle) | 11.50 $ | 9.00 $ | -21.7 % |
| Cappuccino (regular) | 5.88 $ | 5.24 $ | -10.9 % |
| Coke/Pepsi (12 oz small bottle) | 3.13 $ | 3.21 $ | +2.4 % |
| Water (12 oz small bottle) | 2.38 $ | 2.54 $ | +6.7 % |
Markets | New York, NY Edit |
Miami, FL Edit | |
| Milk (regular), (1 gallon) | 5.90 $ | 4.41 $ | -25.2 % |
| Loaf of Fresh White Bread (1 lb) | 4.53 $ | 3.71 $ | -18.0 % |
| Rice (white), (1 lb) | 3.67 $ | 1.89 $ | -48.6 % |
| Eggs (regular) (12) | 5.21 $ | 4.14 $ | -20.5 % |
| Local Cheese (1 lb) | 8.14 $ | 6.75 $ | -17.0 % |
| Chicken Fillets (1 lb) | 7.08 $ | 5.93 $ | -16.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 9.49 $ | 8.44 $ | -11.1 % |
| Apples (1 lb) | 3.36 $ | 2.37 $ | -29.4 % |
| Banana (1 lb) | 1.11 $ | 0.79 $ | -28.6 % |
| Oranges (1 lb) | 2.90 $ | 1.78 $ | -38.7 % |
| Tomato (1 lb) | 2.83 $ | 2.01 $ | -28.9 % |
| Potato (1 lb) | 1.85 $ | 1.04 $ | -44.0 % |
| Onion (1 lb) | 1.76 $ | 1.54 $ | -12.7 % |
| Lettuce (1 head) | 3.26 $ | 3.01 $ | -7.9 % |
| Water (1.5 liter bottle) | 2.52 $ | 2.08 $ | -17.4 % |
| Bottle of Wine (Mid-Range) | 20.00 $ | 15.00 $ | -25.0 % |
| Domestic Beer (0.5 liter bottle) | 2.89 $ | 2.38 $ | -17.7 % |
| Imported Beer (12 oz small bottle) | 3.68 $ | 2.63 $ | -28.4 % |
| Cigarettes 20 Pack (Marlboro) | 17.00 $ | 10.80 $ | -36.5 % |
Transportation | New York, NY Edit |
Miami, FL Edit | |
| One-way Ticket (Local Transport) | 2.90 $ | 2.25 $ | -22.4 % |
| Monthly Pass (Regular Price) | 133.00 $ | 113.75 $ | -14.5 % |
| Taxi Start (Normal Tariff) | 5.00 $ | 4.00 $ | -20.0 % |
| Taxi 1 mile (Normal Tariff) | 3.50 $ | 2.10 $ | -40.0 % |
| Taxi 1hour Waiting (Normal Tariff) | 39.00 $ | 24.00 $ | -38.5 % |
| Gasoline (1 gallon) | 3.79 $ | 3.53 $ | -6.9 % |
| 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) | 28,163.92 $ | 25,918.21 $ | -8.0 % |
Utilities (Monthly) | New York, NY Edit |
Miami, FL Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 180.90 $ | 153.11 $ | -15.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 65.58 $ | 62.48 $ | -4.7 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 67.40 $ | 64.83 $ | -3.8 % |
Sports And Leisure | New York, NY Edit |
Miami, FL Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 147.94 $ | 73.33 $ | -50.4 % |
| Tennis Court Rent (1 Hour on Weekend) | 72.22 $ | 23.38 $ | -67.6 % |
| 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 | 3,187.71 $ | 1,288.64 $ | -59.6 % |
| International Primary School, Yearly for 1 Child | 59,000.00 $ | 23,125.00 $ | -60.8 % |
Clothing And Shoes | New York, NY Edit |
Miami, FL Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 66.66 $ | 52.12 $ | -21.8 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 47.76 $ | 52.69 $ | +10.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 109.56 $ | 87.89 $ | -19.8 % |
| 1 Pair of Men Leather Business Shoes | 174.27 $ | 119.69 $ | -31.3 % |
Rent Per Month | New York, NY Edit |
Miami, FL Edit | |
| Apartment (1 bedroom) in City Centre | 4,017.99 $ | 2,777.42 $ | -30.9 % |
| Apartment (1 bedroom) Outside of Centre | 2,866.50 $ | 2,109.03 $ | -26.4 % |
| Apartment (3 bedrooms) in City Centre | 8,793.28 $ | 5,382.35 $ | -38.8 % |
| Apartment (3 bedrooms) Outside of Centre | 5,249.20 $ | 3,876.31 $ | -26.2 % |
Buy Apartment Price | New York, NY Edit |
Miami, FL Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 1,808.34 $ | 605.68 $ | -66.5 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 1,332.00 $ | 373.00 $ | -72.0 % |
Salaries And Financing | New York, NY Edit |
Miami, FL Edit | |
| Average Monthly Net Salary (After Tax) | 5,643.24 $ | 4,271.49 $ | -24.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.66 | 6.66 | -0.0 % |
| Last update: | December 2024 | December 2024 | |
| Contributors in the past 12 months: | 460 | 187 |
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 West Palm Beach, Florida | 70.25 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 |
| Cost of Living in Orlando, Florida | 234.00 miles |