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Cost of Living in Miami
Summary about cost of living in Miami:
- Four-person family monthly costs: 3,550.77$ without rent (using our estimator).
- A single person monthly costs: 981.88$ without rent.
- Cost of living rank 73th out of 536 cities in the world.
- Miami has a cost of living index of 75.90.
| Restaurants | [ Edit ] | Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 15.00 $ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 72.00 $ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 6.50 $ | |
| Domestic Beer (1 pint draught) | 5.00 $ | |
| Imported Beer (11.2 oz small bottle) | 6.75 $ | |
| Cappuccino (regular) | 3.56 $ | |
| Coke/Pepsi (11.2 oz small bottle) | 1.98 $ | |
| Water (11.2 oz small bottle) | 1.46 $ | |
| Markets | [ Edit ] | |
| Milk (regular), (1 gallon) | 3.59 $ | |
| Loaf of Fresh White Bread (1 lb) | 2.64 $ | |
| Rice (white), (1 lb) | 1.78 $ | |
| Eggs (regular) (12) | 2.79 $ | |
| Local Cheese (1 lb) | 4.39 $ | |
| Chicken Breasts (Boneless, Skinless), (1 lb) | 3.07 $ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 5.32 $ | |
| Apples (1 lb) | 2.32 $ | |
| Banana (1 lb) | 0.72 $ | |
| Oranges (1 lb) | 2.20 $ | |
| Tomato (1 lb) | 1.61 $ | |
| Potato (1 lb) | 1.19 $ | |
| Onion (1 lb) | 1.14 $ | |
| Lettuce (1 head) | 1.97 $ | |
| Water (1.5 liter bottle) | 1.49 $ | |
| Bottle of Wine (Mid-Range) | 15.00 $ | |
| Domestic Beer (0.5 liter bottle) | 3.14 $ | |
| Imported Beer (11.2 oz small bottle) | 4.60 $ | |
| Cigarettes 20 Pack (Marlboro) | 5.99 $ | |
| 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) | 3.11 $ | |
| Taxi 1hour Waiting (Normal Tariff) | 27.00 $ | |
| Gasoline (1 gallon) | 2.73 $ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 22,000.00 $ | |
| Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) | 20,485.93 $ | |
| Utilities (Monthly) | [ Edit ] | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 126.69 $ | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 0.13 $ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 60.77 $ | |
| Sports And Leisure | [ Edit ] | |
| Fitness Club, Monthly Fee for 1 Adult | 40.40 $ | |
| Tennis Court Rent (1 Hour on Weekend) | 25.00 $ | |
| Cinema, International Release, 1 Seat | 13.00 $ | |
| Childcare | [ Edit ] | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 881.67 $ | |
| International Primary School, Yearly for 1 Child | 16,666.67 $ | |
| Clothing And Shoes | [ Edit ] | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 41.88 $ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 35.00 $ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 75.75 $ | |
| 1 Pair of Men Leather Business Shoes | 94.94 $ | |
| Rent Per Month | [ Edit ] | |
| Apartment (1 bedroom) in City Centre | 1,814.50 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,329.00 $ | |
| Apartment (3 bedrooms) in City Centre | 3,280.43 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,142.92 $ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 375.70 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 205.82 $ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 2,562.75 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.51 |
Prices in Miami, Florida
These data are based on 1344 entries in the past 18 months from 218 different contributors.
Last update: July 2018
Last update: July 2018
Sources and References:
No sources and references provided yet.
No sources and references provided yet.
15 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!