Cost of Living in Miami
Summary about cost of living in Miami:
- Four-person family monthly costs: 3,807.15$ without rent (using our estimator).
- A single person monthly costs: 1,053.11$ without rent.
- Cost of living index in Miami is 20.85% lower than in New York.
- Rent in Miami is, on average, 42.64% lower than in New York.
- Cost of living rank 37th out of 490 cities in the world.
- Miami has a cost of living index of 79.15.
| Restaurants | [ Edit ] | Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 15.00 $ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 75.00 $ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 8.00 $ | |
| Domestic Beer (1 pint draught) | 6.00 $ | |
| Imported Beer (12 oz small bottle) | 8.00 $ | |
| Cappuccino (regular) | 4.14 $ | |
| Coke/Pepsi (12 oz small bottle) | 2.04 $ | |
| Water (12 oz small bottle) | 1.69 $ | |
| Markets | [ Edit ] | |
| Milk (regular), (1 gallon) | 3.76 $ | |
| Loaf of Fresh White Bread (1 lb) | 2.70 $ | |
| Rice (white), (1 lb) | 2.75 $ | |
| Eggs (regular) (12) | 2.81 $ | |
| Local Cheese (1 lb) | 5.79 $ | |
| Chicken Fillets (1 lb) | 4.22 $ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 6.48 $ | |
| Apples (1 lb) | 2.28 $ | |
| Banana (1 lb) | 0.75 $ | |
| Oranges (1 lb) | 1.81 $ | |
| Tomato (1 lb) | 2.32 $ | |
| Potato (1 lb) | 1.18 $ | |
| Onion (1 lb) | 0.98 $ | |
| Lettuce (1 head) | 2.33 $ | |
| Water (1.5 liter bottle) | 2.25 $ | |
| Bottle of Wine (Mid-Range) | 14.00 $ | |
| Domestic Beer (0.5 liter bottle) | 2.29 $ | |
| Imported Beer (12 oz small bottle) | 2.56 $ | |
| Cigarettes 20 Pack (Marlboro) | 7.35 $ | |
| Transportation | [ Edit ] | |
| One-way Ticket (Local Transport) | 2.25 $ | |
| Monthly Pass (Regular Price) | 112.50 $ | |
| Taxi Start (Normal Tariff) | 3.00 $ | |
| Taxi 1 mile (Normal Tariff) | 3.00 $ | |
| Taxi 1hour Waiting (Normal Tariff) | 24.00 $ | |
| Gasoline (1 gallon) | 2.65 $ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 22,611.00 $ | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 20,767.96 $ | |
| Utilities (Monthly) | [ Edit ] | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 150.74 $ | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 0.13 $ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 65.76 $ | |
| Sports And Leisure | [ Edit ] | |
| Fitness Club, Monthly Fee for 1 Adult | 45.23 $ | |
| Tennis Court Rent (1 Hour on Weekend) | 18.06 $ | |
| Cinema, International Release, 1 Seat | 14.00 $ | |
| Childcare | [ Edit ] | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 800.43 $ | |
| International Primary School, Yearly for 1 Child | 21,250.00 $ | |
| Clothing And Shoes | [ Edit ] | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 44.23 $ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 36.30 $ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 80.03 $ | |
| 1 Pair of Men Leather Business Shoes | 97.12 $ | |
| Rent Per Month | [ Edit ] | |
| Apartment (1 bedroom) in City Centre | 1,801.61 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,277.11 $ | |
| Apartment (3 bedrooms) in City Centre | 3,473.56 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,409.05 $ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 406.97 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 236.88 $ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 3,534.56 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.49 |
Prices in Miami, Florida
This city had 1536 entries in the past 12 months by 186 different contributors.
Last update: May 2020
Last update: May 2020
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9 Comments so far
LISTEN TO DR. KNUT WITTOWSKI, DR. RASHID BUTTAR, DR. JUDY MIKOVITS
WAKE UP AND STOP LIVING IN FEAR!
Anyways, you can always save on airport parking reservations at Miami International airport by checking out parkon.com/mia
Thanks!