Cost of Living: Miami, FL vs Vero Beach South, 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 Vero Beach South, FL. In the model, rent is about 24.14% of gross in Miami, FL versus 17.5% in Vero Beach South, FL, so Vero Beach South, FL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Miami, FL and Vero Beach South, FL.
At a glance
- Cheaper overall (lower cost-of-living index): Vero Beach South, FL
- Lower rent (median 1BR/2BR): Vero Beach South, FL
- Lower home prices: Vero Beach South, FL
- Higher median household income: Vero Beach South, FL
Cost of Living Index
Miami, FL: 118.4 (U.S. = 100) · Vero Beach South, FL: 100 (U.S. = 100)
Vero Beach South, 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) · Vero Beach South, FL: $1,141/mo
Median rent in Miami, FL is $433/mo higher than in Vero Beach South, FL.
Median Home Price
Miami, FL: $475,200 · Vero Beach South, FL: $295,500
Median home price in Miami, FL is $179,700 higher than in Vero Beach South, FL.
Median Household Income
Miami, FL: $59,390 · Vero Beach South, FL: $71,675
Vero Beach South, FL has a higher median household income than Miami, FL by $12,285.
Miami, FL overview · Vero Beach South, FL overview · Popular comparisons