Cost of living in Miami is 77% higher than in Balboa (without rent).
Rent in Miami is 210% more expensive than in Balboa.
Cost of living including rent in Miami is 148% higher than in Balboa.
Food in Miami is 59% more expensive than in Balboa.
Transport in Miami is 247% more expensive than in Balboa.
| Miami | Balboa | |
|---|---|---|
| Cost of Living, including rent | ||
| Without Rent | ||
| Rent & Utilities | ||
| Food | ||
| Transport | ||
| Monthly Salary, after tax | ||
| Quality of Life | ||
| Population |
| Miami | Balboa | |
|---|---|---|
Restaurants |
||
| Lunch menu, inexpensive restaurant |
22.8 $ | 11.4 $ |
| Dinner, for 2 | 88.5 $ | 55.8 $ |
| Fast food, McDonalds or KFC | 12.3 $ | 7.67 $ |
| Beer, 0.5 L or 16 fl oz | 7.36 $ | 2.86 $ |
| Capuccino | 5.26 $ | 4.08 $ |
| Coke, 330ml | 3.09 $ | 1.91 $ |
Markets |
Milk, 1 L or 1 qt | 1.17 $ | 1.73 $ |
| Bread, 0.5 kg or 1 lb | 3.61 $ | 2.23 $ |
| Rice, 1 kg or 2 lb | 4.06 $ | 2.26 $ |
| Eggs, 12 pack | 5.04 $ | 2.66 $ |
| Cheese, 1 kg or 2 lb | 14.8 $ | 12.9 $ |
| Chicken Breast, 1 kg or 2 lb | 12.5 $ | 7.36 $ |
| Round Steak, 1 kg or 2 lb | 18.2 $ | 10.1 $ |
| Apples, 1 kg or 2 lb | 5.91 $ | 3.24 $ |
| Banana, 1 kg or 2 lb | 1.86 $ | 1.54 $ |
| Oranges, 1 kg or 2 lb | 4.66 $ | 3.05 $ |
| Potatoes, 1 kg or 2 lb | 2.51 $ | 2.19 $ |
| Onions, 1 kg or 2 lb | 3.29 $ | 2.49 $ |
| Water, 1 L or 1 qt | 1.49 $ | 1.01 $ |
| Coca-Cola / Pepsi, 2 L or 67.6 fl oz | 3.21 $ | 2.44 $ |
| Wine, 750 mL bottle | 14.6 $ | 8.93 $ |
| Beer, 0.5 L or 16 fl oz | 2.38 $ | 1.13 $ |
| Cigarette pack | 9.85 $ | 5.94 $ |
Transport |
||
| Local transport ticket, One-way Ticket | 2.24 $ | 0.39 $ |
| Monthly pass, Monthly Ticket | 115 $ | 28.3 $ |
| Gas or petrol, 1 L or 0.26 gal | 0.94 $ | 1.02 $ |
| Taxi, 8 km | 15.1 $ | 14.6 $ |
Personal Care |
||
| Doctor visit, private clinic | 152 $ | 46.7 $ |
| Cold medicine, for 1 week | 12.7 $ | 10.9 $ |
| Hair shampoo, 400 ml or 12 oz | 7.01 $ | 6.51 $ |
| Toilet paper, 4 rolls | 5.55 $ | 2.97 $ |
| Toothpaste, 1 tube | 3.01 $ | 2.86 $ |
Utilities per Month |
||
| Utility bill - 1 person, electricity, heating, water & garbage |
111 $ | 77.5 $ |
| Utility bill - family, electricity, heating, water & garbage |
173 $ | 118 $ |
| Internet plan, +60 Mbps |
62.8 $ | 47.9 $ |
Rent per Month |
||
| 1 Bedroom Apartment, outside of center, 40 sq.m | 1,765 $ | 493 $ |
| 3 Bedroom Apartment, outside of center, 85 sq.m | 3,570 $ | 1,015 $ |
| 1 Bedroom Apartment, in city center, 40 sq.m | 2,446 $ | 745 $ |
| 3 Bedroom Apartment, in city center, 85 sq.m | 4,939 $ | 1,558 $ |
Buy Apartment Price |
||
| Price per Square Meter to Buy Apartment, in city center | 6,519 $ | 2,284 $ |
| Price per Square Meter to Buy House, in suburbs | 4,021 $ | 1,473 $ |
Salaries and Financing |
||
| Average Monthly Net Salary, after tax | 4,410 $ | 862 $ |
| Mortgage Interest Rate, for 20 years fixed-rate | 6.69 % | 6.27 % |
Sports and Leisure |
||
| Fitness Club, Monthly Fee for 1 Adult | 71.4 $ | 41.2 $ |
| Cinema, 1 seat | 15.2 $ | 6.62 $ |
| Haircut | 33 $ | 12.4 $ |
Clothing and Shoes |
||
| Brand Sneakers, mid-range, Nike or similar | 82.1 $ | 88.6 $ |
| Brand Jeans, Levis 501 | 49.5 $ | 53.2 $ |
Childcare |
||
| Preschool, full day, monthly for 1 child | 1,210 $ | 436 $ |
| International Primary School, yearly for 1 child | 25,328 $ | 9,387 $ |