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

Indices DifferenceInfo
Consumer Prices in Miami, FL are 22.08% lower than in New York, NY (without rent)
Consumer Prices Including Rent in Miami, FL are 28.52% lower than in New York, NY
Rent Prices in Miami, FL are 36.01% lower than in New York, NY
Restaurant Prices in Miami, FL are 22.87% lower than in New York, NY
Groceries Prices in Miami, FL are 24.64% lower than in New York, NY
Local Purchasing Power in Miami, FL is 23.47% lower 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 20.00 $ 15.00 $      -25.00 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $ 72.50 $      -27.50 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.00 $ 8.00 $      -11.11 %
Domestic Beer (1 pint draught) 7.20 $ 6.00 $      -16.67 %
Imported Beer (12 oz small bottle) 9.00 $ 8.00 $      -11.11 %
Cappuccino (regular) 4.99 $ 4.28 $      -14.19 %
Coke/Pepsi (12 oz small bottle) 2.14 $ 1.95 $      -9.14 %
Water (12 oz small bottle) 1.74 $ 1.49 $      -14.38 %
Markets
New York, NY Edit Miami, FL Edit
Milk (regular), (1 gallon) 4.56 $ 3.87 $      -15.29 %
Loaf of Fresh White Bread (1 lb) 3.63 $ 2.79 $      -23.01 %
Rice (white), (1 lb) 2.46 $ 2.32 $      -5.73 %
Eggs (regular) (12) 3.24 $ 2.85 $      -12.18 %
Local Cheese (1 lb) 6.09 $ 5.59 $      -8.10 %
Chicken Fillets (1 lb) 5.99 $ 4.74 $      -20.92 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.82 $ 6.51 $      -16.78 %
Apples (1 lb) 2.71 $ 2.36 $      -12.98 %
Banana (1 lb) 1.30 $ 0.74 $      -43.13 %
Oranges (1 lb) 2.70 $ 1.85 $      -31.44 %
Tomato (1 lb) 2.85 $ 2.04 $      -28.40 %
Potato (1 lb) 1.92 $ 1.07 $      -43.97 %
Onion (1 lb) 1.88 $ 1.00 $      -46.91 %
Lettuce (1 head) 2.38 $ 1.97 $      -17.00 %
Water (1.5 liter bottle) 2.13 $ 1.82 $      -14.57 %
Bottle of Wine (Mid-Range) 15.00 $ 11.00 $      -26.67 %
Domestic Beer (0.5 liter bottle) 3.05 $ 2.61 $      -14.48 %
Imported Beer (12 oz small bottle) 2.98 $ 2.73 $      -8.41 %
Cigarettes 20 Pack (Marlboro) 15.00 $ 7.50 $      -50.00 %
Transportation
New York, NY Edit Miami, FL Edit
One-way Ticket (Local Transport) 2.75 $ 2.50 $      -9.09 %
Monthly Pass (Regular Price) 127.00 $ 112.50 $      -11.42 %
Taxi Start (Normal Tariff) 3.80 $ 3.00 $      -21.05 %
Taxi 1 mile (Normal Tariff) 3.00 $ 2.60 $      -13.33 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $ 24.00 $      -20.00 %
Gasoline (1 gallon) 2.70 $ 2.46 $      -9.08 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 22,637.50 $ 23,000.00 $      +1.60 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 21,275.90 $ 21,151.04 $      -0.59 %
Utilities (Monthly)
New York, NY Edit Miami, FL Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 150.97 $ 144.28 $      -4.43 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.11 $ 0.19 $      +75.76 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 66.49 $ 67.13 $      +0.96 %
Sports And Leisure
New York, NY Edit Miami, FL Edit
Fitness Club, Monthly Fee for 1 Adult 107.90 $ 53.55 $      -50.37 %
Tennis Court Rent (1 Hour on Weekend) 36.07 $ 15.00 $      -58.42 %
Cinema, International Release, 1 Seat 16.00 $ 15.00 $      -6.25 %
Childcare
New York, NY Edit Miami, FL Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,573.92 $ 851.43 $      -66.92 %
International Primary School, Yearly for 1 Child 36,437.50 $ 21,400.00 $      -41.27 %
Clothing And Shoes
New York, NY Edit Miami, FL Edit
1 Pair of Jeans (Levis 501 Or Similar) 62.94 $ 48.28 $      -23.29 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 44.93 $ 37.09 $      -17.45 %
1 Pair of Nike Running Shoes (Mid-Range) 90.62 $ 85.43 $      -5.73 %
1 Pair of Men Leather Business Shoes 131.31 $ 103.03 $      -21.53 %
Rent Per Month
New York, NY Edit Miami, FL Edit
Apartment (1 bedroom) in City Centre 3,104.77 $ 1,882.38 $      -39.37 %
Apartment (1 bedroom) Outside of Centre 2,033.96 $ 1,343.62 $      -33.94 %
Apartment (3 bedrooms) in City Centre 6,187.89 $ 3,677.94 $      -40.56 %
Apartment (3 bedrooms) Outside of Centre 3,427.59 $ 2,537.56 $      -25.97 %
Buy Apartment Price
New York, NY Edit Miami, FL Edit
Price per Square Feet to Buy Apartment in City Centre 1,438.34 $ 452.09 $      -68.57 %
Price per Square Feet to Buy Apartment Outside of Centre 742.77 $ 261.78 $      -64.76 %
Salaries And Financing
New York, NY Edit Miami, FL Edit
Average Monthly Net Salary (After Tax) 6,184.01 $ 3,382.95 $      -45.30 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.61 3.86      +7.13 %
Last update: May 2021May 2021
Contributors in the past 12 months:367153