Cost of Living: Miami, FL vs Temple Terrace, 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 Temple Terrace, FL. In the model, rent is about 24.14% of gross in Miami, FL versus 21.7% in Temple Terrace, FL, so Temple Terrace, FL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Miami, FL and Temple Terrace, FL.
At a glance
- Cheaper overall (lower cost-of-living index): Temple Terrace, FL
- Lower rent (median 1BR/2BR): Temple Terrace, FL
- Lower home prices: Temple Terrace, FL
- Higher median household income: Temple Terrace, FL
Cost of Living Index
Miami, FL: 118.4 (U.S. = 100) · Temple Terrace, FL: 100 (U.S. = 100)
Temple Terrace, 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) · Temple Terrace, FL: $1,415/mo
Median rent in Miami, FL is $159/mo higher than in Temple Terrace, FL.
Median Home Price
Miami, FL: $475,200 · Temple Terrace, FL: $306,200
Median home price in Miami, FL is $169,000 higher than in Temple Terrace, FL.
Median Household Income
Miami, FL: $59,390 · Temple Terrace, FL: $65,756
Temple Terrace, FL has a higher median household income than Miami, FL by $6,366.
Miami, FL overview · Temple Terrace, FL overview · Popular comparisons