Cost of Living: Miami, FL vs North 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, FL versus $4,516/mo in North Miami, FL. In the model, rent is about 24.14% of gross in Miami, FL versus 22.49% in North Miami, FL, so North Miami, FL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Miami, FL and North Miami, FL.
At a glance
- Cheaper overall (lower cost-of-living index): North Miami, FL
- Lower rent (median 1BR/2BR): North Miami, FL
- Lower home prices: North Miami, FL
- Higher median household income: Miami, FL
Cost of Living Index
Miami, FL: 118.4 (U.S. = 100) · North Miami, FL: 100 (U.S. = 100)
North Miami, FL has a lower cost-of-living index than Miami, FL, so a given salary generally stretches further there.
Median Rent
Miami, FL: $1,574/mo (midpoint of 1BR/2BR) · North Miami, FL: $1,466/mo
Median rent in Miami, FL is $108/mo higher than in North Miami, FL.
Median Home Price
Miami, FL: $475,200 · North Miami, FL: $326,300
Median home price in Miami, FL is $148,900 higher than in North Miami, FL.
Median Household Income
Miami, FL: $59,390 · North Miami, FL: $51,909
Miami, FL has a higher median household income than North Miami, FL by $7,481.
Miami, FL overview · North Miami, FL overview · Popular comparisons