Cost of Living In Miami, Florida - Is Miami Cheap Place To Live?

How expensive is it to live in Miami, Florida?
Is it very expensive to live in Miami, Florida? How much money do you need to live comfortably in Miami? Let's find out. The cost of living index is based on a national average of 100. An amount below 100 means Miami, Florida is cheaper than the US average. A cost of living index above 100 means Miami, Florida is more expensive. Miami, Florida cost of living is 111. Which is 11% higher than US average.
Median Home Cost
$344300
50% NAT AVG.
Median Income
$44268
34% NAT AVG.
Median Rent
$1242
7% NAT AVG.
Cost Of Living
111
11% NAT AVG.
Cost of Living
Expense Miami Florida National Avg.
Services 100 99 100
Groceries 116 107 100
Health 102 98 100
Housing 123 96 100
Transportation 107 102 100
Utilities 99 106 100
Cost of Living
Cost of Living Calculator

You can enter an amount and the Cost of Living Calculator will determine how much more (or less) you would need to maintain the same standard of living if you are relocating to another city. It takes into consideration current prices in your current city and the city you are considering for relocation. If you enter how much you need for living in the current city, you'll get an approximate information how much you will need in another city. This tool allows comparison for over 5000 cities in USA.