Boston is 5% 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
$3,112
$2,538
🛏️ 2-bedroom rent
$2,480
$1,983
💵 Families earn per year
$104,986
$67,365
🔑 Buying a house
$731,700
$518,100
📊 Overall prices (U.S. = 100)
108.3
114.2
🏛️ Property tax per year
$4,456
$4,586
⚡ Electric bill per month
$113
$133
👥 People living there
666,442
459,745
Commute to work
30.3 min
27.3 min
College degree
54.9%
37.4%
Own their home
35.7%
30.8%
Below poverty line
16.6%
19.4%
Unemployment
6.1%
5.2%
Bottom line
- Pick Boston for higher incomes, a more educated workforce, less poverty.
- Pick Miami for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
Pay for the same job
| Job | Boston | Miami | Difference |
|---|---|---|---|
| Elementary School Teacher | $98,060 | $58,300 | -41% in Miami |
| Plumber | $96,760 | $57,760 | -40% in Miami |
| Carpenter | $75,210 | $51,570 | -31% in Miami |
| Electrician | $79,910 | $58,630 | -27% in Miami |
| HVAC Technician | $78,530 | $58,040 | -26% in Miami |
| Licensed Practical Nurse | $82,190 | $62,610 | -24% in Miami |
| Market Research Analyst | $102,390 | $78,990 | -23% in Miami |
| Civil Engineer | $107,670 | $83,750 | -22% in Miami |
Frequently asked questions
Is Boston or Miami cheaper to live in?
Boston is about 5% cheaper overall. Rent is $3,112 a month there versus $2,538 in Miami.
What salary do I need in Miami to match $60,000 in Boston?
About $63,264 a year gives the same standard of living in Miami.
Where do people earn more, Boston or Miami?
The typical household earns $104,986 in Boston and $67,365 in Miami, 56% more in Boston.