City Comparison

New York, NY vs Miami, FL

Cost-of-living comparison, salary equivalence, housing costs, and tax differences.

Data last updated: July 25, 2026
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Side-by-Side Comparison

New York, NY

COL Index172.5
Housing Index230.0
Median Salary$75,000
1BR Rent (avg)$3,200
3BR Rent (avg)$5,800
State/Prov Tax6.9%

Miami, FL

COL Index115.0
Housing Index140.0
Median Salary$52,000
1BR Rent (avg)$2,100
3BR Rent (avg)$3,600
State/Prov Tax0.0%

Salary Equivalence

Current Salary (New York, NY)Equivalent in Miami, FLHousing-Adjusted
$50,000$33,333$30,434
$75,000$50,000$45,652
$100,000$66,666$60,869
$150,000$100,000$91,304
$200,000$133,333$121,739
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Key Differences

Overall COL Difference-33.3%
Housing Cost Difference-39.1%
1BR Rent Difference-34.4%
3BR Rent Difference-37.9%
Tax Rate Difference-6.9 pts

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