Cost of Living Comparison Between New York, NY and Miami, FL 
| Indices Difference |  |
|---|---|
| Cost of Living in Miami, FL is 26.9% lower than in New York, NY (excluding rent) | |
| Cost of Living Including Rent in Miami, FL is 29.7% lower than in New York, NY | |
| Rent Prices in Miami, FL are 33.1% lower than in New York, NY | |
| Restaurant Prices in Miami, FL are 17.5% lower than in New York, NY | |
| Groceries Prices in Miami, FL are 24.4% lower than in New York, NY | |
| Local Purchasing Power in Miami, FL is 7.3% higher than in New York, NY | |
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 | 145.00 $ | 110.00 $ | -24.1 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 13.50 $ | 12.00 $ | -11.1 % |
| Domestic Beer (1 pint draught) | 8.00 $ | 8.00 $ | 0.0 % |
| Imported Beer (12 oz small bottle) | 12.00 $ | 9.00 $ | -25.0 % |
| Cappuccino (regular) | 6.03 $ | 5.25 $ | -13.0 % |
| Coke/Pepsi (12 oz small bottle) | 3.22 $ | 3.31 $ | +2.7 % |
| Water (12 oz small bottle) | 2.55 $ | 2.76 $ | +8.0 % |
Markets | New York, NY Edit |
Miami, FL Edit | |
| Milk (regular), (1 gallon) | 5.98 $ | 4.52 $ | -24.3 % |
| Loaf of Fresh White Bread (1 lb) | 4.58 $ | 3.52 $ | -23.0 % |
| Rice (white), (1 lb) | 3.71 $ | 2.18 $ | -41.3 % |
| Eggs (regular) (12) | 6.33 $ | 4.89 $ | -22.8 % |
| Local Cheese (1 lb) | 7.56 $ | 6.47 $ | -14.4 % |
| Chicken Fillets (1 lb) | 7.15 $ | 6.23 $ | -12.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 9.10 $ | 9.14 $ | +0.4 % |
| Apples (1 lb) | 3.38 $ | 2.13 $ | -37.1 % |
| Banana (1 lb) | 1.13 $ | 0.77 $ | -32.0 % |
| Oranges (1 lb) | 2.47 $ | 1.57 $ | -36.2 % |
| Tomato (1 lb) | 2.70 $ | 1.87 $ | -30.7 % |
| Potato (1 lb) | 1.68 $ | 1.16 $ | -31.0 % |
| Onion (1 lb) | 1.69 $ | 1.49 $ | -12.1 % |
| Lettuce (1 head) | 3.25 $ | 2.88 $ | -11.4 % |
| Water (1.5 liter bottle) | 2.53 $ | 2.01 $ | -20.5 % |
| Bottle of Wine (Mid-Range) | 19.99 $ | 15.00 $ | -25.0 % |
| Domestic Beer (0.5 liter bottle) | 2.80 $ | 2.40 $ | -14.2 % |
| Imported Beer (12 oz small bottle) | 3.67 $ | 2.89 $ | -21.3 % |
| Cigarettes 20 Pack (Marlboro) | 18.00 $ | 9.90 $ | -45.0 % |
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 $ | 103.75 $ | -21.4 % |
| Taxi Start (Normal Tariff) | 5.00 $ | 4.00 $ | -19.9 % |
| Taxi 1 mile (Normal Tariff) | 3.50 $ | 2.10 $ | -40.0 % |
| Taxi 1hour Waiting (Normal Tariff) | 42.00 $ | 45.00 $ | +7.1 % |
| Gasoline (1 gallon) | 3.73 $ | 3.42 $ | -8.3 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 34,500.00 $ | 31,725.00 $ | -8.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 27,985.28 $ | 25,647.79 $ | -8.4 % |
Utilities (Monthly) | New York, NY Edit |
Miami, FL Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 186.67 $ | 148.61 $ | -20.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 57.90 $ | 67.33 $ | +16.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 61.32 $ | 63.72 $ | +3.9 % |
Sports And Leisure | New York, NY Edit |
Miami, FL Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 159.00 $ | 64.40 $ | -59.5 % |
| Tennis Court Rent (1 Hour on Weekend) | 64.58 $ | 26.00 $ | -59.7 % |
| Cinema, International Release, 1 Seat | 20.00 $ | 16.00 $ | -20.0 % |
Childcare | New York, NY Edit |
Miami, FL Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 3,164.36 $ | 1,389.58 $ | -56.1 % |
| International Primary School, Yearly for 1 Child | 56,857.14 $ | 22,500.00 $ | -60.4 % |
Clothing And Shoes | New York, NY Edit |
Miami, FL Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 66.88 $ | 51.71 $ | -22.7 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 48.95 $ | 53.00 $ | +8.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 113.27 $ | 90.00 $ | -20.5 % |
| 1 Pair of Men Leather Business Shoes | 167.33 $ | 114.72 $ | -31.4 % |
Rent Per Month | New York, NY Edit |
Miami, FL Edit | |
| Apartment (1 bedroom) in City Centre | 3,992.29 $ | 2,884.52 $ | -27.7 % |
| Apartment (1 bedroom) Outside of Centre | 2,765.47 $ | 2,086.21 $ | -24.6 % |
| Apartment (3 bedrooms) in City Centre | 8,816.67 $ | 5,240.04 $ | -40.6 % |
| Apartment (3 bedrooms) Outside of Centre | 5,280.00 $ | 3,743.12 $ | -29.1 % |
Buy Apartment Price | New York, NY Edit |
Miami, FL Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 1,668.59 $ | 579.50 $ | -65.3 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 1,197.27 $ | 365.62 $ | -69.5 % |
Salaries And Financing | New York, NY Edit |
Miami, FL Edit | |
| Average Monthly Net Salary (After Tax) | 5,132.20 $ | 3,873.13 $ | -24.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.47 | 6.56 | +1.4 % |
| Last update: | May 2025 | May 2025 | |
| Contributors in the past 12 months: | 371 | 132 |
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 |