Cost of Living in Miami vs New York City

Cost of living in Miami is 28% lower than in New York City (without rent).

Rent in Miami is 21% cheaper than in New York City.

Cost of living including rent in Miami is 23% lower than in New York City.

Food in Miami is 13% cheaper than in New York City.

Transport in Miami is 67% cheaper than in New York City.

Miami vs. New York City Comparision

Miami New York City
Cost of Living, including rent
3,103 $
4,051 $
Without Rent
1,028 $
1,431 $
Rent & Utilities
2,075 $
2,620 $
Food
704 $
807 $
Transport
131 $
399 $
Monthly Salary, after tax
4,410 $
5,777 $
Quality of Life
91
97
Population
442.0K
8.8M

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Miami New York City

Restaurants

Lunch menu,
inexpensive restaurant
22.8 $ 24.7 $
Dinner, for 2 88.5 $ 111 $
Fast food, McDonalds or KFC 12.3 $ 12.6 $
Beer, 0.5 L or 16 fl oz 7.36 $ 9.78 $
Capuccino 5.26 $ 6.22 $
Coke, 330ml 3.09 $ 3.16 $

Markets

Milk, 1 L or 1 qt 1.17 $ 1.39 $
Bread, 0.5 kg or 1 lb 3.61 $ 4.43 $
Rice, 1 kg or 2 lb 4.06 $ 6.1 $
Eggs, 12 pack 5.04 $ 5.36 $
Cheese, 1 kg or 2 lb 14.8 $ 16.6 $
Chicken Breast, 1 kg or 2 lb 12.5 $ 13.7 $
Round Steak, 1 kg or 2 lb 18.2 $ 19.2 $
Apples, 1 kg or 2 lb 5.91 $ 5.78 $
Banana, 1 kg or 2 lb 1.86 $ 2.13 $
Oranges, 1 kg or 2 lb 4.66 $ 5.75 $
Potatoes, 1 kg or 2 lb 2.51 $ 3.22 $
Onions, 1 kg or 2 lb 3.29 $ 3.62 $
Water, 1 L or 1 qt 1.49 $ 1.57 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 3.21 $ 2.88 $
Wine, 750 mL bottle 14.6 $ 20.1 $
Beer, 0.5 L or 16 fl oz 2.38 $ 3.49 $
Cigarette pack 9.85 $ 17.1 $

Transport

Local transport ticket, One-way Ticket 2.24 $ 2.88 $
Monthly pass, Monthly Ticket 115 $ 138 $
Gas or petrol, 1 L or 0.26 gal 0.94 $ 1.02 $
Taxi, 8 km 15.1 $ 27.1 $

Personal Care

Doctor visit, private clinic 152 $ 156 $
Cold medicine, for 1 week 12.7 $ 10.5 $
Hair shampoo, 400 ml or 12 oz 7.01 $ 10 $
Toilet paper, 4 rolls 5.55 $ 7.97 $
Toothpaste, 1 tube 3.01 $ 2.36 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
111 $ 122 $
Utility bill - family,
electricity, heating, water & garbage
173 $ 187 $
Internet plan,
+60 Mbps
62.8 $ 69.3 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 1,765 $ 2,361 $
3 Bedroom Apartment, outside of center, 85 sq.m 3,570 $ 3,996 $
1 Bedroom Apartment, in city center, 40 sq.m 2,446 $ 2,702 $
3 Bedroom Apartment, in city center, 85 sq.m 4,939 $ 5,005 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 6,519 $ 19,111 $
Price per Square Meter to Buy House, in suburbs 4,021 $ 3,215 $

Salaries and Financing

Average Monthly Net Salary, after tax 4,410 $ 5,777 $
Mortgage Interest Rate, for 20 years fixed-rate 6.69 % 6.73 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 71.4 $ 144 $
Cinema, 1 seat 15.2 $ 19.8 $
Haircut 33 $ 25.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 82.1 $ 111 $
Brand Jeans, Levis 501 49.5 $ 65.6 $

Childcare

Preschool, full day, monthly for 1 child 1,210 $ 1,717 $
International Primary School, yearly for 1 child 25,328 $ 20,585 $