Cost of Living Comparison Between New York, NY and Miami, FL 
| Indices Difference |  |
|---|---|
| Consumer Prices in Miami, FL are 17.9% lower than in New York, NY (without rent) | |
| Consumer Prices Including Rent in Miami, FL are 22.4% lower than in New York, NY | |
| Rent Prices in Miami, FL are 27.3% lower than in New York, NY | |
| Restaurant Prices in Miami, FL are 6.5% lower than in New York, NY | |
| Groceries Prices in Miami, FL are 20.6% lower than in New York, NY | |
| Local Purchasing Power in Miami, FL is 14.8% lower than in New York, NY | |
Restaurants | New York, NY Edit |
Miami, FL Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 25.00 $ | 25.00 $ | 0.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 120.00 $ | 110.00 $ | -8.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 12.00 $ | 10.25 $ | -14.6 % |
| Domestic Beer (1 pint draught) | 8.00 $ | 7.00 $ | -12.5 % |
| Imported Beer (12 oz small bottle) | 10.00 $ | 8.00 $ | -20.0 % |
| Cappuccino (regular) | 5.52 $ | 4.91 $ | -11.1 % |
| Coke/Pepsi (12 oz small bottle) | 2.92 $ | 2.65 $ | -9.1 % |
| Water (12 oz small bottle) | 2.28 $ | 2.34 $ | +2.6 % |
Markets | New York, NY Edit |
Miami, FL Edit | |
| Milk (regular), (1 gallon) | 5.21 $ | 4.38 $ | -15.9 % |
| Loaf of Fresh White Bread (1 lb) | 4.08 $ | 3.38 $ | -17.2 % |
| Rice (white), (1 lb) | 3.48 $ | 2.07 $ | -40.6 % |
| Eggs (regular) (12) | 5.39 $ | 4.94 $ | -8.5 % |
| Local Cheese (1 lb) | 7.96 $ | 6.87 $ | -13.7 % |
| Chicken Fillets (1 lb) | 7.65 $ | 6.45 $ | -15.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 9.38 $ | 7.09 $ | -24.4 % |
| Apples (1 lb) | 2.89 $ | 2.89 $ | +0.0 % |
| Banana (1 lb) | 0.96 $ | 0.90 $ | -6.5 % |
| Oranges (1 lb) | 2.67 $ | 2.13 $ | -20.3 % |
| Tomato (1 lb) | 2.81 $ | 2.23 $ | -20.6 % |
| Potato (1 lb) | 1.81 $ | 1.42 $ | -21.8 % |
| Onion (1 lb) | 1.71 $ | 1.61 $ | -5.7 % |
| Lettuce (1 head) | 2.79 $ | 2.44 $ | -12.6 % |
| Water (1.5 liter bottle) | 2.33 $ | 2.22 $ | -5.0 % |
| Bottle of Wine (Mid-Range) | 20.00 $ | 12.00 $ | -40.0 % |
| Domestic Beer (0.5 liter bottle) | 2.67 $ | 2.07 $ | -22.4 % |
| Imported Beer (12 oz small bottle) | 3.84 $ | 3.29 $ | -14.3 % |
| Cigarettes 20 Pack (Marlboro) | 16.99 $ | 9.00 $ | -47.0 % |
Transportation | New York, NY Edit |
Miami, FL Edit | |
| One-way Ticket (Local Transport) | 2.90 $ | 2.25 $ | -22.4 % |
| Monthly Pass (Regular Price) | 130.43 $ | 112.50 $ | -13.8 % |
| Taxi Start (Normal Tariff) | 4.85 $ | 3.25 $ | -33.0 % |
| Taxi 1 mile (Normal Tariff) | 3.00 $ | 2.00 $ | -33.5 % |
| Taxi 1hour Waiting (Normal Tariff) | 30.00 $ | 15.00 $ | -50.0 % |
| Gasoline (1 gallon) | 4.07 $ | 3.53 $ | -13.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 26,000.00 $ | 25,000.00 $ | -3.8 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 26,000.00 $ | 23,500.00 $ | -9.6 % |
Utilities (Monthly) | New York, NY Edit |
Miami, FL Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 173.54 $ | 167.00 $ | -3.8 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 62.22 $ | 53.69 $ | -13.7 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 73.78 $ | 67.69 $ | -8.3 % |
Sports And Leisure | New York, NY Edit |
Miami, FL Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 116.91 $ | 68.06 $ | -41.8 % |
| Tennis Court Rent (1 Hour on Weekend) | 43.08 $ | 21.38 $ | -50.4 % |
| Cinema, International Release, 1 Seat | 18.00 $ | 15.00 $ | -16.7 % |
Childcare | New York, NY Edit |
Miami, FL Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 2,527.94 $ | 908.33 $ | -64.1 % |
| International Primary School, Yearly for 1 Child | 45,500.00 $ | 22,000.00 $ | -51.6 % |
Clothing And Shoes | New York, NY Edit |
Miami, FL Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 67.95 $ | 53.46 $ | -21.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 48.88 $ | 41.66 $ | -14.8 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 98.10 $ | 82.06 $ | -16.4 % |
| 1 Pair of Men Leather Business Shoes | 160.80 $ | 101.25 $ | -37.0 % |
Rent Per Month | New York, NY Edit |
Miami, FL Edit | |
| Apartment (1 bedroom) in City Centre | 4,019.25 $ | 2,811.91 $ | -30.0 % |
| Apartment (1 bedroom) Outside of Centre | 2,693.25 $ | 2,066.93 $ | -23.3 % |
| Apartment (3 bedrooms) in City Centre | 7,742.78 $ | 5,251.32 $ | -32.2 % |
| Apartment (3 bedrooms) Outside of Centre | 4,492.09 $ | 3,640.12 $ | -19.0 % |
Buy Apartment Price | New York, NY Edit |
Miami, FL Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 1,504.67 $ | 633.33 $ | -57.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 1,056.79 $ | 342.77 $ | -67.6 % |
Salaries And Financing | New York, NY Edit |
Miami, FL Edit | |
| Average Monthly Net Salary (After Tax) | 6,910.64 $ | 4,566.98 $ | -33.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.84 | 6.77 | -1.0 % |
| Last update: | November 2023 | November 2023 | |
| Contributors in the past 12 months: | 591 | 203 |
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 Parsippany-Troy Hills, New Jersey | 30.18 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 |