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