Miami cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexMiamiFloridaNational
Cost of living index111101100
IndexMiamiFloridaNational
Goods & Services index106101100
Groceries index107105100
Health care index10497100
Housing index12299100
Transportation index117105100
Utilities index97102100

Did you know?

  • The cost of living in Miami is 10% higher than the Florida average.
  • The cost of living in Miami is 11% higher than the national average.
  • The cost of housing in Miami is 22% higher than the national average.
  • Florida general sales tax is 18% higher than the national average.
  • Florida state income tax is 100% lower than the national average.

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Compare Miami, FL Cost of living To Other Cities

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax
Florida6%7.5%

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
Florida0%0%

Goods & Services

ItemMiamiNational avg.Difference
Haircut $15.60$14.596.9%
Beauty Salon $45.00$34.6829.8%
Toothpaste $2.70$2.479.2%
Shampoo $1.07$1.024.7%
Movie $10.81$9.879.5%
Bowling $8.26$4.3988.1%

Groceries

ItemMiamiNational avg.Difference
Ground Beef $5.13$4.4814.6%
Fried Chicken $1.57$1.467.2%
Milk $2.71$2.3615.0%
Potatoes $3.39$3.0610.7%
Pizza $8.99$9.242.7%
Beer $8.43$8.632.3%

Health Care

ItemMiamiNational avg.Difference
Optometrist $80.50$99.7819.3%
Doctor $97.86$105.036.8%
Dentist $97.00$88.709.4%
Ibuprofen $10.49$9.4111.5%
Lipitor $332.58$298.5011.4%

Housing

ItemMiamiNational avg.Difference
Home Price $235,800.00$181,400.0030.0%
Avg. Mortgage Payment $1,310.50$1,081.0321.2%
Apartment Rent $925.00$889.004.0%

Transportation

ItemMiamiNational avg.Difference
Gasoline $2.32$2.0911.1%
Tire Balancing $59.59$45.2931.6%

Utilities

ItemMiamiNational avg.Difference
All Electricity$166.37$170.802.6%
Phone $27.52$28.262.6%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Pembroke Park, FL6,07689-11%
Medley, FL87992-8%
Fisher Island, FL22293-7%
Brownsville, FL13,79595-5%
Opa-locka, FL15,32996-4%
Miami, FL401,92711111%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Raleigh, NC405,0071033%
Cleveland, OH397,97289-11%
Oakland, CA392,89014646%
Tulsa, OK391,48687-13%
Omaha, NE412,68990-10%
Miami, FL401,92711111%
Source: The Miami, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.