Cost of Living: Miami Beach, FL vs Los Angeles, CA
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Miami Beach, FL versus $3,974/mo in Los Angeles, CA. In the model, rent is about 25.25% of gross in Miami Beach, FL versus 25.99% in Los Angeles, CA, so Miami Beach, FL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Miami Beach, FL and Los Angeles, CA.
At a glance
- Cheaper overall (lower cost-of-living index): Miami Beach, FL
- Lower rent (median 1BR/2BR): Miami Beach, FL
- Lower home prices: Miami Beach, FL
- Higher median household income: Los Angeles, CA
Cost of Living Index
Miami Beach, FL: 100 (U.S. = 100) · Los Angeles, CA: 148.6 (U.S. = 100)
Miami Beach, FL has a lower cost-of-living index than Los Angeles, CA, so a given salary generally stretches further there.
Median Rent
Miami Beach, FL: $1,647/mo (midpoint of 1BR/2BR) · Los Angeles, CA: $1,695/mo
Median rent in Los Angeles, CA is $48/mo higher than in Miami Beach, FL.
Median Home Price
Miami Beach, FL: $542,000 · Los Angeles, CA: $657,700
Median home price in Los Angeles, CA is $115,700 higher than in Miami Beach, FL.
Median Household Income
Miami Beach, FL: $67,014 · Los Angeles, CA: $74,785
Los Angeles, CA has a higher median household income than Miami Beach, FL by $7,771.
Miami Beach, FL overview · Los Angeles, CA overview · Popular comparisons