Cost of Living: North Miami, FL vs Phoenix, AZ
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 $4,370/mo in Phoenix, AZ. In the model, rent is about 22.49% of gross in North Miami, FL versus 21.24% in Phoenix, AZ, so Phoenix, AZ tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between North Miami, FL and Phoenix, AZ.
At a glance
- Cheaper overall (lower cost-of-living index): North Miami, FL
- Lower rent (median 1BR/2BR): Phoenix, AZ
- Lower home prices: North Miami, FL
- Higher median household income: Phoenix, AZ
Cost of Living Index
North Miami, FL: 100 (U.S. = 100) · Phoenix, AZ: 102.4 (U.S. = 100)
North Miami, FL has a lower cost-of-living index than Phoenix, AZ, so a given salary generally stretches further there.
Median Rent
North Miami, FL: $1,466/mo (midpoint of 1BR/2BR) · Phoenix, AZ: $1,385/mo
Median rent in North Miami, FL is $81/mo higher than in Phoenix, AZ.
Median Home Price
North Miami, FL: $326,300 · Phoenix, AZ: $381,900
Median home price in Phoenix, AZ is $55,600 higher than in North Miami, FL.
Median Household Income
North Miami, FL: $51,909 · Phoenix, AZ: $77,041
Phoenix, AZ has a higher median household income than North Miami, FL by $25,132.
North Miami, FL overview · Phoenix, AZ overview · Popular comparisons