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Cost of Living in Miami
Summary about cost of living in Miami:
- Four-person family monthly costs: 3,706.39$ without rent (using our estimator).
- A single person monthly costs: 1,008.35$ without rent.
- Cost of living index in Miami is 12.41% lower than in New York.
- Cost of living rank 42th out of 519 cities in the world.
- Miami has a cost of living index of 87.59.
| Restaurants | [ Edit ] | Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 20.00 $ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 75.00 $ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 7.54 $ | |
| Domestic Beer (1 pint draught) | 5.00 $ | |
| Imported Beer (11.2 oz small bottle) | 6.00 $ | |
| Cappuccino (regular) | 3.75 $ | |
| Coke/Pepsi (11.2 oz small bottle) | 1.85 $ | |
| Water (11.2 oz small bottle) | 1.46 $ | |
| Markets | [ Edit ] | |
| Milk (regular), (1 gallon) | 3.71 $ | |
| Loaf of Fresh White Bread (1 lb) | 2.82 $ | |
| Rice (white), (1 lb) | 2.08 $ | |
| Eggs (regular) (12) | 3.05 $ | |
| Local Cheese (1 lb) | 4.85 $ | |
| Chicken Breasts (Boneless, Skinless), (1 lb) | 4.32 $ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 6.80 $ | |
| Apples (1 lb) | 2.95 $ | |
| Banana (1 lb) | 0.71 $ | |
| Oranges (1 lb) | 2.54 $ | |
| Tomato (1 lb) | 1.90 $ | |
| Potato (1 lb) | 0.99 $ | |
| Onion (1 lb) | 1.24 $ | |
| Lettuce (1 head) | 1.62 $ | |
| Water (1.5 liter bottle) | 1.73 $ | |
| Bottle of Wine (Mid-Range) | 15.00 $ | |
| Domestic Beer (0.5 liter bottle) | 2.90 $ | |
| Imported Beer (11.2 oz small bottle) | 4.00 $ | |
| Pack of Cigarettes (Marlboro) | 6.00 $ | |
| Transportation | [ Edit ] | |
| One-way Ticket (Local Transport) | 2.25 $ | |
| Monthly Pass (Regular Price) | 112.50 $ | |
| Taxi Start (Normal Tariff) | 2.95 $ | |
| Taxi 1 mile (Normal Tariff) | 3.80 $ | |
| Taxi 1hour Waiting (Normal Tariff) | 24.00 $ | |
| Gasoline (1 gallon) | 2.46 $ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 21,000.00 $ | |
| Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) | 19,095.83 $ | |
| Utilities (Monthly) | [ Edit ] | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 118.43 $ | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 0.12 $ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 51.83 $ | |
| Sports And Leisure | [ Edit ] | |
| Fitness Club, Monthly Fee for 1 Adult | 35.00 $ | |
| Tennis Court Rent (1 Hour on Weekend) | 13.75 $ | |
| Cinema, International Release, 1 Seat | 13.00 $ | |
| Childcare | [ Edit ] | |
| Preschool (or Kindergarten), Private, Monthly for 1 Child | 1,046.00 $ | |
| International Primary School, Yearly for 1 Child | 18,000.00 $ | |
| Clothing And Shoes | [ Edit ] | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 40.94 $ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 48.54 $ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 80.38 $ | |
| 1 Pair of Men Leather Business Shoes | 86.65 $ | |
| Rent Per Month | [ Edit ] | |
| Apartment (1 bedroom) in City Centre | 1,846.97 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,324.68 $ | |
| Apartment (3 bedrooms) in City Centre | 3,482.17 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,424.81 $ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 460.22 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 197.46 $ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 3,061.94 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly | 4.32 |
Prices in Miami, Florida
These data are based on 1263 entries in the past 18 months from 203 different contributors.
Last update: October 2017
Last update: October 2017
Sources and References:
No sources and references provided yet.
No sources and references provided yet.
25 Comments so far
Thanks!
Always shop at President or wholesale market or dollar stores. My food costs this week- tomato 60c per pound, corn 30c, cucumber 20c, mangoes 50c, lettuce $1, bread $1, gallon of milk $2.50.
I pay $500 for a 1 bedroom apartment near city center and $50 for power.
overcrowded..its sodom and gemmorrah..land of the scam. If thats your scene youll love it. Until mid 90s it was ok..60-80s great then the developers realized shmucks will pay big money to live in postage stamp houses or rental boxes. Imo its a shithole i was back to visit 4 yrs ago. Fughetaboudit..unless you have big bucks and love hot humid yr round weather. If money is no issue..and you like to pretend your in the top 5% then youll love it..but there are better places in south to live and breed. Lol
thanks
College students can be a bit more flexible, besides tuition, fees, and food: 10,000 avg per year will be more than enough with a doorm or shared apartment!
It costs me $1,075 for a one bedroom condo rental in a locked, secure building but that's a real good deal because I NEVER bug the landlord, pay on time and have been there 6 years) I work for the local government as a librarian and make 67K but they're trying to close the libraries and lay us all off. Two tiers of people here: workers and the VERY wealthy. Workers are viewed as germs; tourists and the rich are viewed as humans on a sliding scale, according to worth.
Moving here? Have a strong constitution because it's a rough place in some ways. Hispanics are the warmest, most fun people (Anglo here) but can be clique-ish and freeze you out unless you at least try to speak Spanish because many gringos are snobby and mean to them. Don't take anything personally. Most of all remember: it's a sunny place with a lot of shady people so trust but verify EVERYTHING. Look forward to seeing you!