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Miami vs Austin

Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.

$/ year

To keep the same standard of living in Austin, TX, you'd need

$66,469 / year

Austin, TX is 11% cheaper overall

Category breakdown (Austin, TX vs Miami, FL)

  • Housing-20%
  • Food & groceries-7%
  • Transport-7%
  • Utilities-2%
  • Healthcare-4%
  • Goods & services-7%

Full comparison

Miami, FLAustin, TX
Cost of living
Overall cost index122108
Housing150120
Food108100
Transport112104
Utilities104102
Healthcare104100
Goods & services112104
Housing
Rent, 1-bed centre$2,600/mo$1,650/mo
Rent, 1-bed outside$1,900/mo$1,300/mo
Rent, 3-bed centre$5,000/mo$3,000/mo
Buy price / m² centre$7,000$5,000
Money & purchasing power
$1,000 goes as far as$822$927
Inexpensive meal$20$17
Monthly transit pass$112$42
Taxes
Income tax (top rate)37%37%
VAT / sales tax0%0%
Social security (employee)7.7%7.7%
Corporate tax21%21%
Capital gains20%20%
Economy & salaries
Avg net salary$4,300/mo$4,300/mo
Minimum wage$1,257/mo$1,257/mo
GDP per capita$82,000$82,000
Work & digital nomad
Digital-nomad visaNoNo
English proficiencyNativeNative
Coworking spaces7060
Time zoneUTC-5UTC-6
Quality of life
Safety index4558
Healthcare index7676
Pollution index4540
Internet speed200 Mbps200 Mbps
Walkability6042
Public transport5040
Family-friendly5865
Tap waterSafe to drinkSafe to drink
Health insurance$470/mo$450/mo
Life expectancy79 yr79 yr
LGBTQ+ acceptanceHighHigh
Climate
January avg+20 °C+11 °C
July avg+29 °C+30 °C
Sunny days / year248228
Rainfall / year1,570 mm870 mm
Connectivity
Flight to nearest hub1 h1.5 h

Taxes & Economy & salaries: United States vs United States. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.

? Frequently asked questions

Is Miami cheaper than Austin?

Austin is about 11% cheaper than Miami overall — its cost-of-living index is 108 versus 122 for Miami.

How much do you need to earn in Austin to live like in Miami?

To keep the same standard of living, a $75,000 salary in Miami is worth about $66,469 in Austin. Enter your own figure in the calculator above.

Which has lower taxes, Miami or Austin?

Both cities are in the same country, so national income tax (37%) and VAT are identical; only local cost of living differs.

More comparisons from Miami

Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.