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 | Miami | Phoenix | Difference |
|---|---|---|---|
| Median rent | $1,494/mo | $1,322/mo | 13.0% higher in A |
| Median home value | $433,900 | $340,200 | 27.5% higher in A |
| Median household income | $54,858 | $72,092 | 23.9% lower in A |
| Groceries index | 98.7 | 104.1 | 5.2% lower in A |
| Utilities index | 94.8 | 125.1 | 24.2% lower in A |
| Transportation index | 100.5 | 104.6 | 3.9% lower in A |
| Healthcare index | 94.8 | 104.1 | 9.0% lower in A |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in Miami, you'd need $88,491 in Phoenix to maintain your standard of living.
Climate, safety, and demographics side by side.
Phoenix, AZ is about 11.5% cheaper overall than Miami, FL, based on our cost-of-living index. Housing costs are roughly 12% lower in Phoenix than in Miami. If you earn $80,000 in Miami, you'd need about $70,793 in Phoenix to keep the same standard of living.