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

Indices DifferenceInfo
Cost of Living in New York, NY is 31.8% higher than in Miami, FL (without rent)
Cost of Living Including Rent in New York, NY is 38.5% higher than in Miami, FL
Rent Prices in New York, NY are 47.4% higher than in Miami, FL
Restaurant Prices in New York, NY are 16.3% higher than in Miami, FL
Groceries Prices in New York, NY are 23.5% higher than in Miami, FL
Local Purchasing Power in New York, NY is 2.1% lower than in Miami, FL
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Miami, FL Edit New York, NY Edit Difference
Meal, Inexpensive Restaurant 25.00 $ 30.00 $      +20.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $ 120.00 $      +20.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $ 12.00 $      0.0 %
Domestic Beer (1 pint draught) 7.00 $ 8.00 $      +14.3 %
Imported Beer (12 oz small bottle) 8.00 $ 10.50 $      +31.2 %
Cappuccino (regular) 5.23 $ 5.92 $      +13.2 %
Coke/Pepsi (12 oz small bottle) 2.97 $ 3.08 $      +3.5 %
Water (12 oz small bottle) 2.27 $ 2.28 $      +0.0 %
Markets
Miami, FL Edit New York, NY Edit
Milk (regular), (1 gallon) 4.44 $ 5.60 $      +26.2 %
Loaf of Fresh White Bread (1 lb) 3.37 $ 4.32 $      +28.2 %
Rice (white), (1 lb) 1.95 $ 3.35 $      +71.9 %
Eggs (regular) (12) 4.12 $ 5.09 $      +23.5 %
Local Cheese (1 lb) 6.64 $ 7.48 $      +12.7 %
Chicken Fillets (1 lb) 5.36 $ 6.68 $      +24.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.11 $ 8.72 $      +7.6 %
Apples (1 lb) 2.96 $ 3.07 $      +3.9 %
Banana (1 lb) 0.85 $ 0.96 $      +13.2 %
Oranges (1 lb) 2.02 $ 2.63 $      +29.7 %
Tomato (1 lb) 2.37 $ 2.74 $      +15.6 %
Potato (1 lb) 1.16 $ 1.74 $      +49.5 %
Onion (1 lb) 1.49 $ 1.70 $      +13.8 %
Lettuce (1 head) 2.87 $ 3.16 $      +10.2 %
Water (1.5 liter bottle) 2.21 $ 2.36 $      +6.7 %
Bottle of Wine (Mid-Range) 15.00 $ 20.00 $      +33.3 %
Domestic Beer (0.5 liter bottle) 2.36 $ 2.75 $      +16.4 %
Imported Beer (12 oz small bottle) 2.91 $ 3.39 $      +16.5 %
Cigarettes 20 Pack (Marlboro) 9.90 $ 17.00 $      +71.7 %
Transportation
Miami, FL Edit New York, NY Edit
One-way Ticket (Local Transport) 2.25 $ 2.90 $      +28.9 %
Monthly Pass (Regular Price) 113.75 $ 133.00 $      +16.9 %
Taxi Start (Normal Tariff) 3.00 $ 5.00 $      +66.7 %
Taxi 1 mile (Normal Tariff) 2.10 $ 3.50 $      +66.7 %
Taxi 1hour Waiting (Normal Tariff) 24.00 $ 39.00 $      +62.5 %
Gasoline (1 gallon) 3.60 $ 3.83 $      +6.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,000.00 $ 35,000.00 $      0.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 25,759.68 $ 28,848.79 $      +12.0 %
Utilities (Monthly)
Miami, FL Edit New York, NY Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 160.93 $ 169.66 $      +5.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 62.08 $ 67.31 $      +8.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 66.67 $ 66.34 $      -0.5 %
Sports And Leisure
Miami, FL Edit New York, NY Edit
Fitness Club, Monthly Fee for 1 Adult 74.05 $ 141.55 $      +91.2 %
Tennis Court Rent (1 Hour on Weekend) 23.38 $ 74.38 $      +218.2 %
Cinema, International Release, 1 Seat 15.00 $ 20.00 $      +33.3 %
Childcare
Miami, FL Edit New York, NY Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,202.27 $ 3,170.00 $      +163.7 %
International Primary School, Yearly for 1 Child 25,250.00 $ 58,000.00 $      +129.7 %
Clothing And Shoes
Miami, FL Edit New York, NY Edit
1 Pair of Jeans (Levis 501 Or Similar) 50.88 $ 68.39 $      +34.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 53.08 $ 47.86 $      -9.8 %
1 Pair of Nike Running Shoes (Mid-Range) 86.84 $ 104.90 $      +20.8 %
1 Pair of Men Leather Business Shoes 111.43 $ 164.12 $      +47.3 %
Rent Per Month
Miami, FL Edit New York, NY Edit
Apartment (1 bedroom) in City Centre 2,802.77 $ 4,116.18 $      +46.9 %
Apartment (1 bedroom) Outside of Centre 2,138.27 $ 2,984.31 $      +39.6 %
Apartment (3 bedrooms) in City Centre 5,441.01 $ 8,974.31 $      +64.9 %
Apartment (3 bedrooms) Outside of Centre 4,047.30 $ 5,192.27 $      +28.3 %
Buy Apartment Price
Miami, FL Edit New York, NY Edit
Price per Square Feet to Buy Apartment in City Centre 604.24 $ 1,647.43 $      +172.6 %
Price per Square Feet to Buy Apartment Outside of Centre 373.83 $ 1,122.99 $      +200.4 %
Salaries And Financing
Miami, FL Edit New York, NY Edit
Average Monthly Net Salary (After Tax) 4,342.44 $ 5,888.90 $      +35.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.64 6.68      +0.7 %
Last update: September 2024September 2024
Contributors in the past 12 months:175476