LifeCost
Miami

Miami

USA

Description

Miami is known for its warm climate and vibrant multicultural environment. Housing costs are high, with median home prices around $650,000 and rents averaging $2,700 monthly. The cost of living is about 20% above the national average, driven mainly by housing, transportation, and food. Public transport is limited, so many rely on cars despite high insurance costs. The job market is strong in tourism, finance, and healthcare. Healthcare access is good but can be costly. Miami is generally safe but some areas require caution. The city is walkable in certain neighborhoods but overall car-dependent.

Accommodation

Rent room (flat-share)€0.00
1-bed flat (center)€2,481.00
1-bed flat (outside)€1,771.00
3-bed flat (center)€4,365.00
3-bed flat (outside)€3,132.00

Utilities

Basic utilities€131.55
Internet€53.37
Mobile plan€53.52

Transportation

One-way ticket€1.92
Monthly pass€88.52
Taxi start€2.54
Gasoline (1 l)€0.77

Leisure

Cinema ticket€13.65
Fitness club€54.08

Education

Preschool (month)€1,225.00
Intl. primary (year)€21,649.00

Advantages

  • Warm climate year-round
  • Strong job market in tourism and finance
  • Good healthcare access
  • Multicultural community
  • Walkable neighborhoods exist

Disadvantages

  • × High housing and rent costs
  • × Limited public transport
  • × Expensive car insurance
  • × Cost of living above national average
  • × Traffic congestion