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 | Coral Gables | Miami | Difference |
|---|---|---|---|
| Median rent | $1,954/mo | $1,494/mo | 30.8% higher in A |
| Median home value | $952,000 | $433,900 | 119.4% higher in A |
| Median household income | $118,203 | $54,858 | 115.5% higher in A |
| Groceries index | 102.1 | 102.1 | ≈ equal |
| Utilities index | 96.5 | 96.5 | ≈ equal |
| Transportation index | 106.5 | 106.5 | ≈ equal |
| Healthcare index | 104.8 | 104.8 | ≈ 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 Coral Gables, you'd need $96,328 in Miami to maintain your standard of living.
Climate, safety, and demographics side by side.
Miami, FL is about 3.7% cheaper overall than Coral Gables, FL, based on our cost-of-living index. Housing costs are roughly 7% lower in Miami than in Coral Gables. If you earn $80,000 in Coral Gables, you'd need about $77,062 in Miami to keep the same standard of living.