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

Indices DifferenceInfo
Consumer Prices in Miami, FL are 21.04% lower than in New York, NY (without rent)
Consumer Prices Including Rent in Miami, FL are 23.29% lower than in New York, NY
Rent Prices in Miami, FL are 25.81% lower than in New York, NY
Restaurant Prices in Miami, FL are 16.49% lower than in New York, NY
Groceries Prices in Miami, FL are 22.36% lower than in New York, NY
Local Purchasing Power in Miami, FL is 11.33% 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 25.00 $ 16.23 $      -35.10 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $ 100.00 $      0.00 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 $ 9.00 $      -10.00 %
Domestic Beer (1 pint draught) 7.62 $ 6.00 $      -21.26 %
Imported Beer (12 oz small bottle) 9.00 $ 8.00 $      -11.11 %
Cappuccino (regular) 5.03 $ 4.92 $      -2.26 %
Coke/Pepsi (12 oz small bottle) 2.44 $ 2.09 $      -14.34 %
Water (12 oz small bottle) 2.13 $ 1.97 $      -7.46 %
Markets
New York, NY Edit Miami, FL Edit
Milk (regular), (1 gallon) 4.37 $ 4.21 $      -3.69 %
Loaf of Fresh White Bread (1 lb) 3.52 $ 2.98 $      -15.13 %
Rice (white), (1 lb) 3.15 $ 2.38 $      -24.37 %
Eggs (regular) (12) 3.64 $ 3.14 $      -13.53 %
Local Cheese (1 lb) 7.15 $ 4.92 $      -31.24 %
Chicken Fillets (1 lb) 5.98 $ 5.78 $      -3.36 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.08 $ 6.81 $      -25.06 %
Apples (1 lb) 2.44 $ 2.48 $      +1.71 %
Banana (1 lb) 1.27 $ 0.87 $      -31.76 %
Oranges (1 lb) 2.32 $ 1.92 $      -17.31 %
Tomato (1 lb) 2.80 $ 2.27 $      -19.13 %
Potato (1 lb) 2.16 $ 1.43 $      -34.00 %
Onion (1 lb) 1.79 $ 1.40 $      -21.89 %
Lettuce (1 head) 2.59 $ 1.86 $      -28.44 %
Water (1.5 liter bottle) 2.44 $ 1.72 $      -29.61 %
Bottle of Wine (Mid-Range) 15.00 $ 12.00 $      -20.00 %
Domestic Beer (0.5 liter bottle) 3.57 $ 2.40 $      -32.74 %
Imported Beer (12 oz small bottle) 3.87 $ 2.98 $      -23.05 %
Cigarettes 20 Pack (Marlboro) 15.00 $ 8.00 $      -46.67 %
Transportation
New York, NY Edit Miami, FL Edit
One-way Ticket (Local Transport) 2.75 $ 2.50 $      -9.09 %
Monthly Pass (Regular Price) 129.00 $ 111.00 $      -13.95 %
Taxi Start (Normal Tariff) 3.80 $ 3.67 $      -3.29 %
Taxi 1 mile (Normal Tariff) 3.00 $ 2.50 $      -16.67 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $ 24.00 $      -20.00 %
Gasoline (1 gallon) 4.09 $ 3.70 $      -9.44 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 26,000.00 $ 23,500.00 $      -9.62 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,068.75 $ 23,750.00 $      -1.32 %
Utilities (Monthly)
New York, NY Edit Miami, FL Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 168.65 $ 142.86 $      -15.29 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.11 $ 0.20 $      +80.60 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 64.37 $ 70.06 $      +8.82 %
Sports And Leisure
New York, NY Edit Miami, FL Edit
Fitness Club, Monthly Fee for 1 Adult 99.28 $ 39.00 $      -60.72 %
Tennis Court Rent (1 Hour on Weekend) 42.78 $ 18.38 $      -57.05 %
Cinema, International Release, 1 Seat 18.00 $ 15.00 $      -16.67 %
Childcare
New York, NY Edit Miami, FL Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,246.67 $ 922.22 $      -58.95 %
International Primary School, Yearly for 1 Child 39,500.00 $ 20,250.00 $      -48.73 %
Clothing And Shoes
New York, NY Edit Miami, FL Edit
1 Pair of Jeans (Levis 501 Or Similar) 60.94 $ 47.77 $      -21.62 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 60.29 $ 33.78 $      -43.97 %
1 Pair of Nike Running Shoes (Mid-Range) 92.44 $ 80.42 $      -13.01 %
1 Pair of Men Leather Business Shoes 151.19 $ 118.33 $      -21.73 %
Rent Per Month
New York, NY Edit Miami, FL Edit
Apartment (1 bedroom) in City Centre 3,302.68 $ 2,352.44 $      -28.77 %
Apartment (1 bedroom) Outside of Centre 2,184.61 $ 1,837.50 $      -15.89 %
Apartment (3 bedrooms) in City Centre 6,754.17 $ 4,668.42 $      -30.88 %
Apartment (3 bedrooms) Outside of Centre 4,021.44 $ 3,207.14 $      -20.25 %
Buy Apartment Price
New York, NY Edit Miami, FL Edit
Price per Square Feet to Buy Apartment in City Centre 1,389.27 $ 626.67 $      -54.89 %
Price per Square Feet to Buy Apartment Outside of Centre 778.31 $ 272.12 $      -65.04 %
Salaries And Financing
New York, NY Edit Miami, FL Edit
Average Monthly Net Salary (After Tax) 6,372.85 $ 4,334.45 $      -31.99 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.81 3.48      -8.58 %
Last update: May 2022May 2022
Contributors in the past 12 months:460151