Cost of Living: Miami Beach, FL vs Miami, FL
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 $4,516/mo in Miami, FL. In the model, rent is about 25.25% of gross in Miami Beach, FL versus 24.14% in Miami, FL, so Miami, FL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Miami Beach, FL and Miami, FL.
At a glance
- Cheaper overall (lower cost-of-living index): Miami Beach, FL
- Lower rent (median 1BR/2BR): Miami, FL
- Lower home prices: Miami, FL
- Higher median household income: Miami Beach, FL
Cost of Living Index
Miami Beach, FL: 100 (U.S. = 100) · Miami, FL: 118.4 (U.S. = 100)
Miami Beach, FL has a lower cost-of-living index than Miami, FL, so a given salary generally stretches further there.
Median Rent
Miami Beach, FL: $1,647/mo (midpoint of 1BR/2BR) · Miami, FL: $1,574/mo
Median rent in Miami Beach, FL is $73/mo higher than in Miami, FL.
Median Home Price
Miami Beach, FL: $542,000 · Miami, FL: $475,200
Median home price in Miami Beach, FL is $66,800 higher than in Miami, FL.
Median Household Income
Miami Beach, FL: $67,014 · Miami, FL: $59,390
Miami Beach, FL has a higher median household income than Miami, FL by $7,624.
Miami Beach, FL overview · Miami, FL overview · Popular comparisons