CostTrek

✦ Cost of living

Miami

Miami, Florida

112
Overall cost index
US = 100
$2,600
Median 1-bedroom rent
+12%
12% above the US average

Metro median gross rent: $1,914/mo · U.S. Census ACS 2023

In plain terms: Miami is about 12% pricier than a typical US city. A one-bedroom in the centre runs around $2,600/month.

Cities in United States →

▤ Category breakdown

Index vs the US average — the line marks 100. Lower is cheaper.

  • Housing138+38%
  • Food & groceries99−1%
  • Transport103+3%
  • Utilities96−4%
  • Healthcare96−4%
  • Goods & services103+3%

Is Miami expensive?

Yes, moderately. Miami indexes at 112 against a US average of 100 — roughly 12% above it. That is above average without being in the top bracket, and which neighbourhood you rent in decides most of the gap.

Of the 87 cities we track, Miami ranks #19 by overall cost — 68 of them are cheaper.

What a month in Miami costs

One person

$3,800/mo

A one-bedroom outside the centre, modest everyday spending.

Couple

$5,380/mo

A one-bedroom in the centre, two adults sharing the bills.

Family of four

$9,660/mo

A three-bedroom in the centre, two adults and two children.

Monthly lineOne personCoupleFamily of four
Rent$1,900$2,600$5,000
Food & groceries$460$660$1,110
Transport$620$910$1,520
Utilities$190$290$480
Healthcare$270$390$660
Goods & services$360$530$890
Total per month$3,800$5,380$9,660

Estimates, not quotes. Rent comes from this city's own figures; every other line is a US-average household basket (shaped by the BLS Consumer Expenditure Survey) scaled by this city's category index. Your own total moves with the neighbourhood, your habits and whether you run a car. How we calculate these figures →

Good to know before you move to Miami

No state income tax, beaches and a booming Latin-American business scene — humid, and rents have soared.

Currency
US dollar ($ USD)
Languages
English
Time zone
UTC-5
Internet
200 Mbps
English
Native language
Safety
45/100
Climate
❄ 20°C · ☀ 29°C · 248 sunny days/yr
Tap water
Safe to drink
Power
A/B · 120V
Driving
Right-hand side
Popular areas
Brickell · Wynwood · Coconut Grove

About

“The Magic City”

No state income tax, beaches and a booming Latin-American business scene — humid, and rents have soared.

Currency
US dollar · USD
Languages
English
Coordinates
25.76, -80.19
Emergency
911

What things cost

1-bed, city centre$2,600 /mo
1-bed, outside centre$1,900 /mo
Inexpensive meal$20
Monthly transit pass$112
Utilities (85 m²)$180 /mo
Internet, 100 Mbps$65 /mo

Housing

Rent, 1-bed centre$2,600 /mo
Rent, 1-bed outside centre$1,900 /mo
Rent, 3-bed centre$5,000 /mo
Buy price, centre$7,000 /m²
Buy price, outside centre$4,500 /m²

Taxes

37%

Income tax

progressive

0%

VAT / sales

7.65%

Social (employee)

21%

Corporate

20%

Capital gains

$4,300

Avg net salary

per month

Federal; states add 0–13.3% on top.

Visas & residency

Employment-based (H-1B, L-1, O-1) and family routes; famously hard for the green card.

✈ N/A for immigration; ESTA for short visits from VWP countries.

H-1B specialty workerwork

Lottery-based, employer-sponsored.

Max stay: 73 months

O-1 extraordinary abilitywork

For top talent; no lottery.

Green Card (permanent residence)residence

Citizenship after ~5 yrs. Naturalization after 5 years as LPR (3 if married to citizen).

Quality of life

Quality of life

59/100

Safety

45/100

Healthcare

76/100

Pollution

45/100

Internet

200 Mbps

Jan avg

+20 °C

Jul avg

+29 °C

Sunny days

248/yr

Walkability

60/100

Public transit

50/100

Family-friendly

58/100

Living there

English spoken
Native
Expat community
Large
Coworking spaces
70
Tap water
Safe to drink
Private health insurance
$470/mo

Popular areas

BrickellWynwoodCoconut Grove

Relocation & documents

Where to look

Coming soon
RentZillowBuyRedfinCoworkingWeWork

Updated: · Sources: Cost/quality survey (placeholder) · Economy: World Bank Open Data (GDP per capita, life expectancy, inflation) · Minimum wage (EU + Türkiye): Eurostat earn_mw_cur, 2026-S2 · Taxes: national tax authority / OECD (headline figures)

Can you live in Miami without a car?

56/100

Car-free score

60/100

Walkability

50/100

Public transport

Mostly — at 56/100, Miami handles everyday trips on foot and by public transport, but a car still helps for weekend trips, bulk shopping and anything outside the built-up core.

Transport in Miami indexes at 103 against a US average of 100 — about 3% more expensive than a typical US city. That line covers fares, fuel and running a vehicle, so it is the one that moves most when you drop the car.

Miami ranks #61 of 87 cities we track for walkability. See the most walkable cities →

The car-free score is our own composite: 60% walkability, 40% public transport, both on a 0–100 scale. Like the rest of our quality-of-life figures, they are calibrated estimates, not official statistics.

Cost of living in Miami — in your currency

  • 1-bed rent, city centre$2,600
  • 1-bed rent, outside centre$1,900
  • Inexpensive meal$20
  • Monthly transit pass$112
  • Utilities (monthly)$180

Converted from USD at approximate rates (2026-09).

How we calculate these figures →

✈ Search cheap flights

Sponsored

Sponsored · MyTripBook your flights with MyTripCompare fares across 650+ airlines and travel more for less.Search flights

? Frequently asked questions

Is Miami, FL expensive to live in?

Miami, FL's cost-of-living index is 112 (US average = 100) — about 12% more expensive than a typical US city — and it ranks #19 of the 87 cities we track. On our estimates one person needs around $3,800 a month and a family of four around $9,660, rent included.

How much does it cost to live in Miami, FL?

Miami, FL's cost-of-living index is 112 (US average = 100) — about 12% more expensive than a typical US city. A one-bedroom apartment in the centre costs around $2,600 per month.

What are the average living costs in Miami, FL?

Living costs in Miami, FL are about 12% more expensive than the US average — its cost-of-living index is 112 (US = 100). Monthly living expenses scale with that, and housing is the biggest line: a one-bedroom in the centre runs around $2,600. See the category breakdown above for where the money goes.

What is the average rent in Miami, FL?

A one-bedroom in the city centre averages about $2,600 per month, and around $1,900 outside the centre.

What taxes would I pay in United States?

United States has a top income-tax rate of 37% and a VAT or sales tax of 0%. See the taxes section above for the full breakdown.

What is the weather like in Miami, FL?

Miami, FL averages around +20 °C in January and +29 °C in July, with roughly 248 sunny days a year.

Is Miami, FL safe?

Miami, FL scores 45 out of 100 on our safety index, where higher means safer.

Can you live in Miami, FL without a car?

Miami, FL scores 56/100 on our car-free score — 60/100 for walkability and 50/100 for public transport. The higher the score, the more of daily life you can cover on foot or by transit instead of paying to run a car.

❖ Compare Miami with…

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