Cost of Living: Miami Beach, FL vs Philadelphia, PA
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 $4,337/mo in Philadelphia, PA. In the model, rent is about 25.25% of gross in Miami Beach, FL versus 19.29% in Philadelphia, PA, so Philadelphia, PA tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Miami Beach, FL and Philadelphia, PA.
At a glance
- Cheaper overall (lower cost-of-living index): Philadelphia, PA
- Lower rent (median 1BR/2BR): Philadelphia, PA
- Lower home prices: Philadelphia, PA
- Higher median household income: Miami Beach, FL
Cost of Living Index
Miami Beach, FL: 100 (U.S. = 100) · Philadelphia, PA: 95.2 (U.S. = 100)
Philadelphia, PA has a lower cost-of-living index than Miami Beach, FL, so a given salary generally stretches further there.
Median Rent
Miami Beach, FL: $1,647/mo (midpoint of 1BR/2BR) · Philadelphia, PA: $1,257/mo
Median rent in Miami Beach, FL is $390/mo higher than in Philadelphia, PA.
Median Home Price
Miami Beach, FL: $542,000 · Philadelphia, PA: $232,400
Median home price in Miami Beach, FL is $309,600 higher than in Philadelphia, PA.
Median Household Income
Miami Beach, FL: $67,014 · Philadelphia, PA: $60,698
Miami Beach, FL has a higher median household income than Philadelphia, PA by $6,316.
Miami Beach, FL overview · Philadelphia, PA overview · Popular comparisons