Cost of Living Comparison Between Miami, FL and New York, NY 
| Indices Difference |  |
|---|---|
| Consumer Prices in New York, NY are 32.9% higher than in Miami, FL (without rent) | |
| Consumer Prices Including Rent in New York, NY are 38.4% higher than in Miami, FL | |
| Rent Prices in New York, NY are 45.0% higher than in Miami, FL | |
| Restaurant Prices in New York, NY are 21.8% higher than in Miami, FL | |
| Groceries Prices in New York, NY are 42.8% higher than in Miami, FL | |
| Local Purchasing Power in New York, NY is 1.0% higher than in Miami, FL | |
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 $ | 130.00 $ | +30.0 % |
| 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) | 4.76 $ | 5.56 $ | +16.8 % |
| Coke/Pepsi (12 oz small bottle) | 2.72 $ | 3.02 $ | +11.1 % |
| Water (12 oz small bottle) | 2.16 $ | 2.29 $ | +5.8 % |
Markets | Miami, FL Edit |
New York, NY Edit | |
| Milk (regular), (1 gallon) | 4.36 $ | 5.82 $ | +33.4 % |
| Loaf of Fresh White Bread (1 lb) | 3.40 $ | 4.29 $ | +26.1 % |
| Rice (white), (1 lb) | 1.78 $ | 3.25 $ | +82.8 % |
| Eggs (regular) (12) | 3.79 $ | 5.46 $ | +44.0 % |
| Local Cheese (1 lb) | 5.97 $ | 7.65 $ | +28.2 % |
| Chicken Fillets (1 lb) | 4.87 $ | 7.13 $ | +46.4 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 6.30 $ | 9.04 $ | +43.4 % |
| Apples (1 lb) | 2.63 $ | 3.14 $ | +19.6 % |
| Banana (1 lb) | 0.85 $ | 0.93 $ | +8.8 % |
| Oranges (1 lb) | 1.66 $ | 2.70 $ | +62.9 % |
| Tomato (1 lb) | 2.03 $ | 2.82 $ | +38.9 % |
| Potato (1 lb) | 1.07 $ | 1.93 $ | +80.1 % |
| Onion (1 lb) | 1.42 $ | 1.71 $ | +20.5 % |
| Lettuce (1 head) | 2.51 $ | 2.88 $ | +14.6 % |
| Water (1.5 liter bottle) | 2.07 $ | 2.43 $ | +17.3 % |
| Bottle of Wine (Mid-Range) | 12.99 $ | 20.00 $ | +54.0 % |
| Domestic Beer (0.5 liter bottle) | 2.00 $ | 2.53 $ | +26.6 % |
| Imported Beer (12 oz small bottle) | 2.37 $ | 3.83 $ | +61.6 % |
| Cigarettes 20 Pack (Marlboro) | 9.00 $ | 17.00 $ | +88.9 % |
Transportation | Miami, FL Edit |
New York, NY Edit | |
| One-way Ticket (Local Transport) | 2.25 $ | 2.90 $ | +28.9 % |
| Monthly Pass (Regular Price) | 120.00 $ | 132.00 $ | +10.0 % |
| Taxi Start (Normal Tariff) | 2.98 $ | 5.00 $ | +68.1 % |
| Taxi 1 mile (Normal Tariff) | 2.10 $ | 3.50 $ | +66.7 % |
| Taxi 1hour Waiting (Normal Tariff) | 24.00 $ | 30.00 $ | +25.0 % |
| Gasoline (1 gallon) | 3.45 $ | 3.87 $ | +11.9 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 35,000.00 $ | 28,000.00 $ | -20.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 24,955.19 $ | 27,053.26 $ | +8.4 % |
Utilities (Monthly) | Miami, FL Edit |
New York, NY Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 170.11 $ | 177.38 $ | +4.3 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 59.88 $ | 62.96 $ | +5.1 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 61.91 $ | 69.77 $ | +12.7 % |
Sports And Leisure | Miami, FL Edit |
New York, NY Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 76.77 $ | 132.14 $ | +72.1 % |
| Tennis Court Rent (1 Hour on Weekend) | 23.86 $ | 74.17 $ | +210.9 % |
| 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 | 1,162.50 $ | 3,065.64 $ | +163.7 % |
| International Primary School, Yearly for 1 Child | 28,333.33 $ | 63,250.00 $ | +123.2 % |
Clothing And Shoes | Miami, FL Edit |
New York, NY Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 46.50 $ | 68.82 $ | +48.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 43.12 $ | 45.42 $ | +5.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 80.28 $ | 97.00 $ | +20.8 % |
| 1 Pair of Men Leather Business Shoes | 96.67 $ | 165.86 $ | +71.6 % |
Rent Per Month | Miami, FL Edit |
New York, NY Edit | |
| Apartment (1 bedroom) in City Centre | 2,800.86 $ | 4,162.14 $ | +48.6 % |
| Apartment (1 bedroom) Outside of Centre | 2,064.29 $ | 2,912.38 $ | +41.1 % |
| Apartment (3 bedrooms) in City Centre | 5,249.12 $ | 8,432.88 $ | +60.7 % |
| Apartment (3 bedrooms) Outside of Centre | 3,635.93 $ | 4,431.43 $ | +21.9 % |
Buy Apartment Price | Miami, FL Edit |
New York, NY Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 583.91 $ | 1,698.83 $ | +190.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 354.00 $ | 1,192.75 $ | +236.9 % |
Salaries And Financing | Miami, FL Edit |
New York, NY Edit | |
| Average Monthly Net Salary (After Tax) | 4,289.41 $ | 6,000.32 $ | +39.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.57 | 6.67 | +1.5 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 148 | 505 |
Moving to Miami, FL? Explore:
Moving to New York, NY? Explore:
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 |
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 |