Austin is 16% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Miami to live the same way.
🏠 Rent per month
$1,932
$2,538
🛏️ 2-bedroom rent
$1,941
$1,983
💵 Families earn per year
$101,010
$67,365
🔑 Buying a house
$555,300
$518,100
📊 Overall prices (U.S. = 100)
98.1
114.2
🏛️ Property tax per year
$8,024
$4,586
⚡ Electric bill per month
$134
$133
👥 People living there
979,539
459,745
Commute to work
23.7 min
27.3 min
College degree
59.6%
37.4%
Own their home
43.4%
30.8%
Below poverty line
12%
19.4%
Unemployment
4.7%
5.2%
Bottom line
- Pick Austin for lower rent, cheaper 2-bedroom apartments, higher incomes and 4 more.
- Pick Miami for cheaper homes.
Pay for the same job
| Job | Austin | Miami | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $27,260 | $36,070 | +32% in Miami |
| Firefighter | $58,830 | $75,710 | +29% in Miami |
| Dental Hygienist | $105,480 | $82,780 | -22% in Miami |
| Civil Engineer | $100,470 | $83,750 | -17% in Miami |
| Cashier | $33,940 | $30,250 | -11% in Miami |
| Pharmacist | $151,290 | $135,210 | -11% in Miami |
| Operations Manager | $117,850 | $105,640 | -10% in Miami |
| Truck Driver | $57,110 | $51,580 | -10% in Miami |
Frequently asked questions
Is Austin or Miami cheaper to live in?
Austin is about 16% cheaper overall. Rent is $1,932 a month there versus $2,538 in Miami.
What salary do I need in Miami to match $60,000 in Austin?
About $69,844 a year gives the same standard of living in Miami.
Where do people earn more, Austin or Miami?
The typical household earns $101,010 in Austin and $67,365 in Miami, 50% more in Austin.