Cost of Living in Miami

Summary about cost of living in Miami:

Restaurants [ Edit ] Range
Meal, Inexpensive Restaurant 16.00 $ 11.00-27.00
Meal for 2 People, Mid-range Restaurant, Three-course 71.00 $ 50.00-90.00
McMeal at McDonalds (or Equivalent Combo Meal) 7.25 $ 5.00-9.00
Domestic Beer (1 pint draught) 5.00 $ 4.99-7.00
Imported Beer (12 oz small bottle) 7.00 $ 5.99-9.00
Cappuccino (regular) 3.67 $ 3.00-4.50
Coke/Pepsi (12 oz small bottle) 1.91 $ 1.00-3.00
Water (12 oz small bottle) 1.51 $ 1.00-2.00
Markets [ Edit ]
Milk (regular), (1 gallon) 3.72 $ 2.65-5.00
Loaf of Fresh White Bread (1 lb) 2.69 $ 1.79-3.50
Rice (white), (1 lb) 2.32 $ 1.19-4.50
Eggs (regular) (12) 2.91 $ 1.97-4.60
Local Cheese (1 lb) 4.58 $ 3.00-8.00
Chicken Breasts (Boneless, Skinless), (1 lb) 4.22 $ 2.00-8.00
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.99 $ 3.00-11.00
Apples (1 lb) 2.70 $ 1.60-5.00
Banana (1 lb) 0.71 $ 0.44-1.00
Oranges (1 lb) 3.00 $ 0.99-8.00
Tomato (1 lb) 1.62 $ 0.99-2.99
Potato (1 lb) 1.25 $ 0.99-2.00
Onion (1 lb) 1.19 $ 0.50-2.50
Lettuce (1 head) 2.05 $ 1.00-3.50
Water (1.5 liter bottle) 1.68 $ 0.70-3.50
Bottle of Wine (Mid-Range) 15.00 $ 11.00-20.00
Domestic Beer (0.5 liter bottle) 1.66 $ 1.00-3.00
Imported Beer (12 oz small bottle) 2.43 $ 1.29-4.00
Cigarettes 20 Pack (Marlboro) 6.00 $ 5.00-7.00
Transportation [ Edit ]
One-way Ticket (Local Transport) 2.25 $ 2.00-2.50
Monthly Pass (Regular Price) 112.50 $ 100.00-114.50
Taxi Start (Normal Tariff) 2.73 $ 2.50-4.95
Taxi 1 mile (Normal Tariff) 2.95 $ 2.70-3.95
Taxi 1hour Waiting (Normal Tariff) 27.00 $ 24.00-30.00
Gasoline (1 gallon) 2.79 $ 2.50-3.00
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 21,000.00 $ 18,000.00-24,000.00
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) 20,573.77 $ 17,999.00-25,000.00
Utilities (Monthly) [ Edit ]
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 126.94 $ 70.00-190.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.10 $ 0.05-0.25
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 60.66 $ 40.00-85.00
Sports And Leisure [ Edit ]
Fitness Club, Monthly Fee for 1 Adult 42.10 $ 20.00-90.00
Tennis Court Rent (1 Hour on Weekend) 22.78 $ 8.00-50.00
Cinema, International Release, 1 Seat 12.50 $ 11.00-15.00
Childcare [ Edit ]
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 837.37 $ 500.00-1,200.00
International Primary School, Yearly for 1 Child 17,750.00 $ 9,000.00-26,000.00
Clothing And Shoes [ Edit ]
1 Pair of Jeans (Levis 501 Or Similar) 42.92 $ 35.00-55.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 37.83 $ 20.00-50.00
1 Pair of Nike Running Shoes (Mid-Range) 77.77 $ 59.00-99.00
1 Pair of Men Leather Business Shoes 91.93 $ 65.00-120.00
Rent Per Month [ Edit ]
Apartment (1 bedroom) in City Centre 1,835.84 $ 1,500.00-2,200.00
Apartment (1 bedroom) Outside of Centre 1,330.42 $ 1,100.00-1,500.00
Apartment (3 bedrooms) in City Centre 3,153.03 $ 2,500.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,113.16 $ 1,800.00-2,800.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 381.54 $ 250.00-500.00
Price per Square Feet to Buy Apartment Outside of Centre 209.46 $ 165.00-250.00
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 2,692.35 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.66 4.00-5.50

Prices in Miami, Florida

These data are based on 1672 entries in the past 18 months from 235 different contributors.
Last update: January 2019
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13 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
#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?
#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.
#lou on Jun 05, 2015 :
To add to earlier comments and a lot of typos. Unless you are making fla sucks..i grew up there 40 yrs..overbuilt..
overcrowded..its sodom and 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
#lou on Jun 05, 2015 :
Lived there 40 yrs both dade and broward..couldnt wait to get the hell out. lots of diverse cultures..if your smart learn spanish itll open up job market. Lots of nice people but lots of crooks of all beware it is notorious scam and drug area..crime yes. If youre an obnoxious nj-ny boston or philly person youll survive. Rent and taxes and homes are overvalued and cochroaches the size of dinossurs. Lots of phonies and wannabees. I moved to ne ga and wouldnt go back gor nuthing. It was a great place in 60-90s now fughetaboudit. Im self employed 80- 100k household . Just middle class. Good luck .stay awaycfrom ghetto areas like any major city.
#Mae West on May 22, 2015 :
My son has a family of 6, his wife and 4 kids. They're planning to move to Miami. They are not rich and only have high school diploma. What area of Miami is there a good school district and jobs near a beach. With low crime and a moderate cost of living?
#chris grace on Feb 01, 2015 :
please can someone help me to get info about FORT lauderdale area , CORAL RIDGES, BUILDING, also about taxes in this area.
#University Student on Jan 24, 2015 :
Avg. rent for a one person room is $1,000 (add another 300 per extra room, this is away from city). If you do not speak Spanish and English, and can be considered as "poor" it will be a real rough start. Any property in a generally crime free neighborhood, will cost avg 100,000 (1-2 bedroom apartment/townhouse) in 2015 away from the city, do not think about public transportation. You need a car and will spend a good amount of time in traffic. This is about accurate if you live away from the city that everyone sees and wants on TV. There are cheaper conditions located in "bad neighborhoods". In short 20,000 yearly salary for a family is comfortable (better said:"okay") living outside the city. Don't expect to go on a shopping spree. 20,000 for one person is living outside the city, will be enough to get you into the city at least for weekends every once and a while. AGAIN: YOU NEED A CAR!!!

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!