Cost of Living and Inflation in Miami, Florida: What do you need to know?

Recent advice...Jane on Stockport, United Kingdom: xThe old parts of town – the underbank and marketplace are much improved. Heaton moor is an excellent place to live. Read more ›

Recent advice...Esther on Sokoto, Nigeria: xThe state is peaceful; low crime rate, affordable accommodations, low transportation prices, good schools and affordable food with an adequate healthcare system. Read more ›

Recent advice...Refilwe on Bethlehem, South Africa: xBethlehem is a small yet vibrant town with all age groups of people and mixed population when it comes to race. The cost of living is fair. I would highly… Read more ›

Recent advice...lucy on Stockholm, Sweden: xStockholm has amazing water views. The Art scene is fab. The food is amazing. Read more ›

Recent advice...MCHARO on Mombasa, Kenya: xIf you are coming to Mombasa you need to visit the pirates beach, Fort Jesus, which is a historical site and the nature trail which is a natural park. Read more ›

Recent advice...Evy on Brussels, Belgium: xIf moving to Brussels, it’s best to avoid the south of Brussels (Schaarbeek, Etterbeek…) The housing is cheaper but much more dangerous. Belgium is a small country but has very… Read more ›

Recent advice...Agbor on Essen, Germany: xEssen is located in the Northwest Region of Germany. It is an average city with lots of foreigners. It has a very good transport system with many African shops. Read more ›

Recent advice...Cassidy on Bogor, Indonesia: xBe prepared to familiarize yourself with public transport because there are a lot of places that have similar destinations but have different routes. The best way to commute within the… Read more ›

Recent advice...Emmanuel on Nairobi, Kenya: xPlanning to move to Nairobi? Get ready for an exciting mix of city living and thrilling adventures! Experience the lively markets, indulge in mouthwatering street food, and have the awe-inspiring… Read more ›

Recent advice...Pierre on Gaborone, Botswana: xWe live on a homestead, about 12 min drive outside the CBD. The blessing of not having traffic, the vibe of city and nature combined is to die for. Read more ›

Recent advice...Xolani on Johannesburg, South Africa: xJohannesburg residents have a 6th sense about people from here and who understand the unspoken rules of the concrete jungle. Plan your routes, always walk like you know where you… Read more ›

Recent advice...James on Nuremberg, Germany: xSpeaking German would be helpful but not necessary. Cold winters, warm summers, nice people. Finding affordable nice accommodation may be difficult. Read more ›

Recent advice...Evans on Los Angeles, United States: xLos Angeles, often abbreviated as L.A., is the largest city in California and the second-largest in the United States, following New York City. Known for its Mediterranean climate, diverse population,… Read more ›

Recent advice...Neha on Faridabad, India: xWell, I’ve stayed in Faridabad for 9 years. The city has come up and developed quiet a lot since then. There are some good malls and big brands to shop… Read more ›

Recent advice...Frenzer on Nairobi, Kenya: xIf you are moving to Nairobi City, everyone is welcoming and cheerful but if you seem to be a newbie the people will take advantage of it. For example, paying… Read more ›

Recent advice...CamCamBlue on Ann Arbor, United States: xIt’s the most expensive city in Michigan, and fast growing. We have a lovely park system and nice small, surrounding towns. Read more ›

Recent advice...Anne on North Adelaide, Australia: xBest kept secret – clean, friendly, beautiful hills and beaches. Read more ›

Recent advice...Dipti on Vadodara, India: xPeaceful place to stay and roam. Very safe. Read more ›

Recent advice...Shannah on Thibodaux, United States: xThibodaux is a quaint town with affordable homes. It’s a great area to raise children! Read more ›

Recent advice...Kaspars on Chiang Mai, Thailand: xAbsolutely stunning city in the northern part of Thailand. I would say spiritual and food capital of Thailand. There are more than 300 temples scattered around the city. If you… Read more ›

Recent advice...Corne on Bloemfontein, South Africa: xBloemfontein is a very close knit community with friendly people. The town isn’t really clean and well maintained. It has really brilliant schools that are affordable. Read more ›

Recent advice...Felix on Johannesburg, South Africa: xJohannesburg, often referred to as Jo’burg or Jozi, is the largest city in South Africa and the provincial capital of Gauteng, the wealthiest province in the country. Here are some… Read more ›

Recent advice...Noemie on Albuquerque, United States: xFor the US the cost of living is low. There is an abundance of things to do in nature & the pace of life is slower than other US cities.… Read more ›

Recent advice...Simona on Bitola, North Macedonia: xIf someone is moving to Bitola they should be at ease in not spending much money on security CCTV for securing their property, grandmas are out on their balconies/windows 24/7… Read more ›

Recent advice...Ahmed on Samanoud, Egypt: xWelcome to Samanoud, a historic gem in Egypt’s Gharbia Governorate! Once known as Sebennytos, this city features remnants of a temple dedicated to the god Anhur and his lioness goddess… Read more ›

Recent advice...Grace on Kadoma, Zimbabwe: xIf you’re moving to Kadoma you’ll need to be prepared for the heat and the dust. The roads are dusty and bad but the biggest plus is that its rich… Read more ›

Recent advice...Jeff on Minneapolis, United States: x4 wondrous seasons and thriving activities in each. Great park system thriving downtown and the Mississippi River are all here. Welcoming people convey the famous ‘Minnesota Nice’. Several world class… Read more ›

Recent advice...Esther on Lagos, Nigeria: xLagos, Nigeria is a vibrant, rapidly growing hub that’s always buzzing with energy. Known for its beautiful beaches and historic sites, it is a must-visit for anyone with an adventurous… Read more ›

Recent advice...Erick on Singapore: xIt’s the best place for working due to safety, high salary, and great transportation. Singapore is a city that is suitable for any lifestyle whether you live a frugal living… Read more ›

Recent advice...Jamie on Highlands Ranch, United States: xA really lovely suburb of Denver. Incredibly clean, well planned community. Low crime rate. Very walkable. Lots of conveniences nearby. Tons of parks for the kids. Only downside is that… Read more ›

Random City

Featured real estate agent: Miami Realty Solution Group
Featured hotel: We don't have one. Suggest one.
Featured immigration attorney: Gerald Cipolla
Featured tour guide: We don't have one. Suggest one.

Here's what seven local experts had to say about prices and the cost of living in Miami, Florida.

If you are moving to Miami, one thing you need to know is that Miami is paradise! The sun, turquoise ocean, Cuban food, eclectic restaurant scene, and don’t even get me started about the yacht parties! We also have a great deal of humidity, high cost of living, flooding, and occasional hurricanes. Besides hurricanes and humidity, Miami is the perfect place to call home.

HELPFUL REPORT

Miami is very expensive and real estate is very overpriced. The population is more than two-thirds Latino and most of them speak Spanish and refuse to English. Crime rates are very high. Hurricanes are an annual problem and health care is extremely expensive.

Someone that is moving to my city should definitely consider the storms and the flooding. In the south area of Florida, there are quite a few storms and depending on the area that you live the flood risk can be great. Another thing that should be considered is the expenses. Florida, especially Miami, is not a cheap place to live.

Miami is a gorgeous city, and the weather is ideal. However, the cost of living is considerable, so you want to procure steady employment before moving here. As a general rule, the further west you live, the cheaper your rent (or mortgage) will be. Entertainment here is top-notch: the restaurants, nightlife, and culture are second-to-none.

Miami is one of rich culture and diversity. It in the most populated county in Florida, Miami-Dade. It is one of the three worst cities in the United States for automobile traffic, behind New York City and Los Angeles. The cost of living in Miami is also higher than other cities in the state of Florida.

If someone wants to move to Miami, they should know how expensive it is to be a homeowner here. The cost of real estate is astronomical and getting progressively worse each year. Anyone who decides to buy or rent property in Miami should have plenty of savings, a solid plan, and good job prospects.

Miami has the best beaches for friends and families. Miami can be an expensive place. Do not move to Miami if you’re not prepared for hurricane season. Miami has a lot of amazing site seeing, museums and restaurants you will enjoy. If you don’t like the cold and want a summer year-round, then Miami is the perfect place for you.

Weather Things To Do Beaches More...

Nightlife Restaurants Diversity Transportation Traffic Natural Disasters Quality of Life Museums Housing Pros and Cons Parks Medicine Safety and Crime Jobs Banking Education Language Shopping Art History Coffee Music Sports Golf

Cost of Living and Inflation in Miami, Florida: What do you need to know?

Sign up for the Crowdsourced Explorer newsletter

Participate in the CE community:

Possibly win $100 by telling us about your city:

Help other people by sharing tips about your city:

Help others learn about the world:

Tell us about your city in 60 seconds:

Leave a comment

Thank you!