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Cost of Living in Miami

Summary about cost of living in Miami:

Restaurants [ Edit ] Range
Meal, Inexpensive Restaurant 15.00 $ 10.00-25.00
Meal for 2 People, Mid-range Restaurant, Three-course 67.50 $ 50.00-85.00
McMeal at McDonalds (or Equivalent Combo Meal) 7.50 $ 6.00-9.00
Domestic Beer (1 pint draught) 5.00 $ 4.50-8.00
Imported Beer (12 oz small bottle) 7.00 $ 6.00-8.00
Cappuccino (regular) 3.69 $ 3.00-4.50
Coke/Pepsi (12 oz small bottle) 1.98 $ 1.00-3.00
Water (12 oz small bottle) 1.52 $ 1.00-2.50
Markets [ Edit ]
Milk (regular), (1 gallon) 3.65 $ 3.00-5.00
Loaf of Fresh White Bread (1 lb) 2.53 $ 1.79-3.50
Rice (white), (1 lb) 2.37 $ 1.30-4.50
Eggs (regular) (12) 2.87 $ 1.97-4.60
Local Cheese (1 lb) 4.52 $ 3.00-6.48
Chicken Breasts (Boneless, Skinless), (1 lb) 3.01 $ 2.00-7.00
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.08 $ 2.48-10.00
Apples (1 lb) 2.24 $ 1.77-3.00
Banana (1 lb) 0.71 $ 0.59-0.99
Oranges (1 lb) 2.00 $ 1.00-3.00
Tomato (1 lb) 2.04 $ 0.99-3.00
Potato (1 lb) 1.88 $ 0.89-3.00
Onion (1 lb) 1.29 $ 0.57-2.99
Lettuce (1 head) 2.36 $ 1.50-3.00
Water (1.5 liter bottle) 1.89 $ 1.00-3.50
Bottle of Wine (Mid-Range) 14.50 $ 12.00-20.00
Domestic Beer (0.5 liter bottle) 1.72 $ 1.32-2.14
Imported Beer (12 oz small bottle) 2.00 $ 1.50-4.00
Cigarettes 20 Pack (Marlboro) 6.00 $ 5.75-7.50
Transportation [ Edit ]
One-way Ticket (Local Transport) 2.48 $ 2.25-2.75
Monthly Pass (Regular Price) 112.12 $ 95.00-113.00
Taxi Start (Normal Tariff) 2.78 $ 2.35-5.00
Taxi 1 mile (Normal Tariff) 2.80 $ 2.00-3.95
Taxi 1hour Waiting (Normal Tariff) 27.00 $ 24.00-30.00
Gasoline (1 gallon) 2.73 $ 2.40-3.00
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 21,000.00 $ 18,000.00-25,000.00
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) 20,409.75 $ 18,000.00-25,000.00
Utilities (Monthly) [ Edit ]
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 117.51 $ 80.00-180.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.15 $ 0.00-0.35
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 59.49 $ 40.00-95.00
Sports And Leisure [ Edit ]
Fitness Club, Monthly Fee for 1 Adult 40.28 $ 20.00-120.00
Tennis Court Rent (1 Hour on Weekend) 19.45 $ 9.00-50.00
Cinema, International Release, 1 Seat 13.00 $ 12.00-15.00
Childcare [ Edit ]
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 759.50 $ 500.00-1,200.00
International Primary School, Yearly for 1 Child 17,222.22 $ 9,000.00-30,000.00
Clothing And Shoes [ Edit ]
1 Pair of Jeans (Levis 501 Or Similar) 41.97 $ 30.00-55.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 34.54 $ 20.00-50.00
1 Pair of Nike Running Shoes (Mid-Range) 75.97 $ 59.00-90.00
1 Pair of Men Leather Business Shoes 87.55 $ 60.00-120.00
Rent Per Month [ Edit ]
Apartment (1 bedroom) in City Centre 1,832.44 $ 1,500.00-2,200.00
Apartment (1 bedroom) Outside of Centre 1,347.84 $ 1,100.00-1,600.00
Apartment (3 bedrooms) in City Centre 3,337.14 $ 2,500.00-4,425.00
Apartment (3 bedrooms) Outside of Centre 2,275.48 $ 1,900.00-3,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 374.21 $ 269.23-404.75
Price per Square Feet to Buy Apartment Outside of Centre 219.80 $ 168.20-280.00
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 3,212.77 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.71 4.00-5.75

Prices in Miami, Florida

These data are based on 1723 entries in the past 18 months from 221 different contributors.
Last update: July 2019
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8 Comments so far

#Parkon on Jul 25, 2018 :
I think Miami cost of living is way to high - and that's on an unhealthy budget; seeing as a lot of the foods listed are not so great for you. So if you changed your diet to a more plant based, whole foods diet - WOOO watch out!

Anyways, you can always save on airport parking reservations at Miami International airport by checking out parkon.com/mia
#Anonymous on Jun 11, 2018 :
Average Monthly Net Salary (After Tax) 2,505.26 $...I thing This is not true.
#Neil Duncan on Jun 27, 2016 :
Miami is hugely overrated and unless your earning big bucks and like hot an humid weather all year round plus living in an area which is full of crime and all different cultures an backgrounds. I would suggest anyone that doesn't earn big bucks and is hoping to scrape buy, think again and look at places more remote an cheaper:)
#Aly on Jun 20, 2016 :
I lived on Brickell and then in Coral Gables. On Brickell I was paying $1,800 for an unfurnished/water included 750sqft unit in an "okay" building. In Coral Gables I was paying $2,119 for an unfurnished/NOTHING included 830sqft luxury unit. I have moved to Gelnvar Heights area (semi-south Miami) and pay $1,200 for an old yet large 1/1.5 800sqft unit with water included but it has no amenities and no washer/dry in unit.
#Raz on Jun 04, 2016 :
I am moving there in August. Do you knows how much the bicycle cost and is it good to ride bicycle here in Miami?
#Nicola on May 19, 2016 :
Hello everyone, I'm moving to Miami soon, and I'll be earning 3.000 $ a month plus bonuses up to 18 K per year. I have 2 years of professional experience. Is that an acceptable salary? Is it enough to live decently?
Thanks!
#Kendall on Jan 31, 2016 :
hi, I am moving to Miami in March and do any of you know an average price of a normal/large sized house as I am moving here with my 3 kids?
#Veronica on Jul 06, 2015 :
I live a lot cheaper than prices quoted here.
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.