City comparison
Cost indices by category, with the US city average (100) marked.
Index: 100 = US city average. Lower is more affordable.
Side-by-side costs, salaries, and sub-category indices.
| Metric | Austin | Miami | Difference |
|---|---|---|---|
| Median rent | $1,549/mo | $1,494/mo | 3.7% higher in A |
| Median home value | $461,500 | $433,900 | 6.4% higher in A |
| Median household income | $86,556 | $54,858 | 57.8% higher in A |
| Groceries index | 98.7 | 98.7 | ≈ equal |
| Utilities index | 94.8 | 94.8 | ≈ equal |
| Transportation index | 100.5 | 100.5 | ≈ equal |
| Healthcare index | 94.8 | 94.8 | ≈ equal |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in Austin, you'd need $96,447 in Miami to maintain your standard of living.
Climate, safety, and demographics side by side.
Miami, FL is about 3.6% cheaper overall than Austin, TX, based on our cost-of-living index. Housing costs are roughly 4% lower in Miami than in Austin. If you earn $80,000 in Austin, you'd need about $77,158 in Miami to keep the same standard of living.