Are you considering a move to Miami, Florida, United States, and wondering about the cost of living? Miami, Florida is a diverse city with a lot to offer, but like any city, it comes with its own set of expenses. In this page, we'll break down the cost of living in Miami, Florida and help you understand whether $4854 per month is moderately priced, given the average monthly salary of $4629.66.
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Restaurants |
Price |
World Range |
|---|---|---|
|
Meal, Inexpensive Restaurant |
27.0 $ |
|
|
Meal for 2 People, Mid-range Restaurant, Three-course |
110.0 $ |
|
|
McMeal at McDonalds (or Equivalent Combo Meal) |
12.0 $ |
|
|
Domestic Beer (1 pint draught) |
7.0 $ |
|
|
Imported Beer (12 oz small bottle) |
8.0 $ |
|
|
Cappuccino (regular) |
4.99 $ |
|
|
Coke/Pepsi (12 oz small bottle) |
2.72 $ |
|
|
Water (12 oz small bottle) |
2.34 $ |
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|
Markets |
Price |
World Range |
|---|---|---|
|
Milk (regular), (1 gallon) |
1.18 $ |
|
|
Loaf of Fresh White Bread (1 lb) |
3.87 $ |
|
|
Rice (white), (1 lb) |
4.56 $ |
|
|
Eggs (regular) (12) |
5.03 $ |
|
|
Local Cheese (1 lb) |
15.15 $ |
|
|
Chicken Fillets (1 lb) |
14.65 $ |
|
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
15.67 $ |
|
|
Apples (1 lb) |
6.37 $ |
|
|
Banana (1 lb) |
1.96 $ |
|
|
Oranges (1 lb) |
4.69 $ |
|
|
Tomato (1 lb) |
4.77 $ |
|
|
Potato (1 lb) |
3.02 $ |
|
|
Onion (1 lb) |
3.55 $ |
|
|
Lettuce (1 head) |
2.44 $ |
|
|
Water (1.5 liter bottle) |
2.17 $ |
|
|
Bottle of Wine (Mid-Range) |
13.0 $ |
|
|
Domestic Beer (0.5 liter bottle) |
2.07 $ |
|
|
Imported Beer (12 oz small bottle) |
3.1 $ |
|
|
Cigarettes 20 Pack (Marlboro) |
9.0 $ |
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|
Transportation |
Price |
World Range |
|---|---|---|
|
One-way Ticket (Local Transport) |
2.25 $ |
|
|
Monthly Pass (Regular Price) |
112.5 $ |
|
|
Taxi Start (Normal Tariff) |
3.0 $ |
|
|
Taxi 1 mile (Normal Tariff) |
1.08 $ |
|
|
Taxi 1hour Waiting (Normal Tariff) |
15.0 $ |
|
|
Gasoline (1 gallon) |
0.93 $ |
|
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
25000.0 $ |
|
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
25062.5 $ |
|
|
Utilities (Monthly) |
Price |
World Range |
|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
167.0 $ |
|
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
-- |
|
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
67.69 $ |
|
|
Sports And Leisure |
Price |
World Range |
|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
68.06 $ |
|
|
Tennis Court Rent (1 Hour on Weekend) |
21.38 $ |
|
|
Cinema, International Release, 1 Seat |
15.0 $ |
|
|
Childcare |
Price |
World Range |
|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
969.44 $ |
|
|
International Primary School, Yearly for 1 Child |
22000.0 $ |
|
|
Clothing And Shoes |
Price |
World Range |
|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
52.92 $ |
|
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
41.66 $ |
|
|
1 Pair of Nike Running Shoes (Mid-Range) |
80.31 $ |
|
|
1 Pair of Men Leather Business Shoes |
100.45 $ |
|
|
Rent Per Month |
Price |
World Range |
|---|---|---|
|
Apartment (1 bedroom) in City Centre |
2811.91 $ |
|
|
Apartment (1 bedroom) Outside of Centre |
2066.93 $ |
|
|
Apartment (3 bedrooms) in City Centre |
5401.37 $ |
|
|
Apartment (3 bedrooms) Outside of Centre |
3633.11 $ |
|
|
Buy Apartment Price |
Price |
World Range |
|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
6817.14 $ |
|
|
Price per Square Feet to Buy Apartment Outside of Centre |
4082.6 $ |
|
|
Salaries And Financing |
Price |
World Range |
|---|---|---|
|
Average Monthly Net Salary (After Tax) |
4629.66 $ |
|
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
6.75 % |
|
The monthly expenses for living in Miami, Florida come to a total of approximately $4854. This includes an average monthly rent of around $2811 for a one-bedroom apartment in the city center, along with utilities costing about $200 per month. Additionally, other expenses such as groceries, transportation, dining out, and leisure activities for one person amount to approximately $1099 per month.
Living in Miami, Florida appears to be relatively budget-friendly when considering the average monthly income of $4629.66. However, to enjoy a comfortable standard of living in Miami, Florida, you would likely need an income exceeding $4629.66.
In Miami, Florida, the average monthly post-tax salary hovers around $4629.66, and it isn't tied to any particular skillset or qualification.
The typical monthly rent for a one-bedroom apartment in the central area of Miami, Florida is approximately $2811. If you're open to living in a location outside the city center, you can expect to pay around $2066.93 for such an apartment.
The expense for groceries in Miami, Florida can fluctuate based on personal choices and shopping patterns. Typically, an individual can budget around $856 per month for groceries. Nevertheless, the actual costs may change depending on various factors, including the specific items bought, the choice of stores, and the availability of discounts or special offers.
The cost of living in United States can vary significantly depending on the particular city you have in mind. Using a nationwide average might not provide accurate information. To get a more precise understanding, it's crucial to examine the cost of living in various cities throughout United States.
Miami is overall a safe city, especially for tourists. It has some dangerous areas that should be avoided, but they are far from the usual tourist landmarks. You are advised to remain vigilant around tourist landmarks, since pickpockets are an issue there, and keep an eye out for suspicious activities wherever you go.
Taxis and public transportation are considered safe in Miami. Still, you should avoid finding yourself unaccompanied on bus, metro or railway stations. Be wary of pickpockets while on public transport.
The most common types of petty crime are pick-pocketing and purse-snatching on Miami beach and in the crowded Downtown streets. Apply common sense and precaution measures like holding your purses tightly and being wise when carrying them, keeping wallets in front pockets, and being alert to one's surroundings. This should be enough to prevent these incidents.
When it comes to natural disasters in Miami, the most dangerous threats come from occasional hurricanes in Florida (there have been as many as 63 hurricanes in Florida between 2000-2013).
When it comes to chances of being mugged or kidnapped, they are moderate in Miami. There are some parts where tourists should avoid, but apart from those parts of the city, tourists should be fine elsewhere. Stick to the main streets and avoid suspicious areas and neighborhoods, or getting in altercations with individuals that appear to be gang members.
Miami hasn't been the target of any terrorist attacks recently, but possible attacks shouldn't be ruled out. Be aware of your surroundings at all times.
Just like in other tourist destinations, there will be people trying to scam you in Miami, too, though it's not too common. Be wary of anyone trying to distract you, flashing large signs in front of you or ATMs that look like they've been tampered with.
Miami is generally safe for women to travel to. You should avoid dangerous neighborhoods (and this doesn't only apply to women). Just follow your basic common sense and general rules of things to avoid, like poorly lit streets and deserted areas and you should be fine.
The US is famous for its harsh policy for acquiring a tourist, let alone a resident visa. The US embassies usually ask for interviews before granting tourist visas, and tourists usually have to pay up to 160 USD to get a visa. If you are not sure about your visa status, visit www.doyouneedvisa.com which will let you know whether or not you need visa based on your nationality and the country you want to visit.
The United States dollar is the official currency in Miami. Credit and debit cards are accepted nearly everywhere, and ATMs are widely available. The prices vary but you can plan on spending about 100 dollars per day.
Due to its low latitude, Miami has a subtropical savannah climate. The seasons in Miami can be divided into a warm and a dry season: the warm season runs from November through mid-April, and the hot and wet season runs from May through October.
Miami International Airport is the primary airport in the Miami area. The airport is located in an unincorporated area in Miami-Dade County, Florida, 13 km northwest of Downtown Miami.
Just like anywhere else, we recommend getting travel insurance when traveling to Miami, since it covers not only the costs of medical problems but also theft and loss of valuables.
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 76°F | 77°F | 79°F | 82°F | 85°F | 88°F | 89°F | 89°F | 88°F | 85°F | 80°F | 77°F |
| Temp | 68°F | 70°F | 72°F | 75°F | 79°F | 82°F | 83°F | 83°F | 82°F | 79°F | 75°F | 71°F |
| Low | 63°F | 64°F | 67°F | 70°F | 74°F | 77°F | 78°F | 78°F | 77°F | 74°F | 70°F | 65°F |
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 24°C | 25°C | 26°C | 27°C | 29°C | 31°C | 31°C | 31°C | 31°C | 29°C | 26°C | 25°C |
| Temp | 20°C | 21°C | 22°C | 23°C | 26°C | 27°C | 28°C | 28°C | 27°C | 26°C | 23°C | 21°C |
| Low | 17°C | 17°C | 19°C | 21°C | 23°C | 25°C | 25°C | 25°C | 25°C | 23°C | 21°C | 18°C |