salaryRent is lower than in 89% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 17.7 minutes.
How much money do I need?
To rent here comfortably, you should earn about $39,080 a year. That is $19 an hour at a full-time job.
Is rent cheaper than other Oklahoma cities?
Yes. Rent here is cheaper than in most of Oklahoma. It is number 29 of 75 cities from cheapest to most expensive.
How much do households earn in Miami?
Share of households by yearly income. 8.7% of households earn $100,000 or more.
Rent by apartment size in Miami
| Size | Miami | U.S. average |
|---|---|---|
| Studio | $688 | $1,338 |
| 1 bedroom | $594 | $1,324 |
| 2 bedrooms | $906 | $1,509 |
| 3 bedrooms | $1,073 | $1,698 |
| 4 bedrooms | $1,115 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Miami overall?
Everyday prices in Oklahoma overall are 12% below the U.S. average (index 87.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Miami, so the Oklahoma figure is shown.
Taxes and bills in Miami
Life in Miami
Is it cheaper to rent or buy in Miami?
Buying is cheaper month to month: about $230 a month less than renting.
Owning assumes a typical $107,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $10,760 for the down payment.
Frequently asked questions
What is the average rent in Miami, OK?
Renting in Miami costs a median of about $977 a month in 2026, including utilities. The Oklahoma median is $1,069.
How much do I need to make to live in Miami?
To keep rent under 30% of income, you need about $39,080 a year, or $19 an hour at a full-time job.
Is Miami cheap or expensive?
Miami is rated OK: rent takes 23.4% of the typical household income of $50,053. It ranks 29th cheapest of 75 Oklahoma cities we track.
How much are property taxes in Miami?
The median homeowner in Miami pays $772 a year in property taxes, about 0.72% of the median home value.
Is Miami more expensive than the national average?
Overall prices in Oklahoma are 12% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Miami?
The median home value in Miami is $107,600, about 2.1 times the typical yearly household income.
12,926 people live in Miami. Numbers are typical (middle) values.