salaryChicago is 10% 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
$1,983
$2,538
🛏️ 2-bedroom rent
$1,622
$1,983
💵 Families earn per year
$84,017
$67,365
🔑 Buying a house
$334,100
$518,100
📊 Overall prices (U.S. = 100)
103.6
114.2
🏛️ Property tax per year
$4,943
$4,586
⚡ Electric bill per month
$90
$133
👥 People living there
2,711,226
459,745
Commute to work
33.1 min
27.3 min
College degree
44.3%
37.4%
Own their home
46%
30.8%
Below poverty line
16.8%
19.4%
Unemployment
8%
5.2%
Bottom line
- Pick Chicago for lower rent, cheaper 2-bedroom apartments, higher incomes and 3 more.
- Pick Miami for shorter commutes, lower unemployment.
Pay for the same job
| Job | Chicago | Miami | Difference |
|---|---|---|---|
| Plumber | $103,380 | $57,760 | -44% in Miami |
| Electrician | $102,350 | $58,630 | -43% in Miami |
| Carpenter | $80,440 | $51,570 | -36% in Miami |
| Police Officer | $107,810 | $79,840 | -26% in Miami |
| Elementary School Teacher | $78,390 | $58,300 | -26% in Miami |
| HVAC Technician | $77,960 | $58,040 | -26% in Miami |
| Licensed Practical Nurse | $78,070 | $62,610 | -20% in Miami |
| Nursing Assistant | $46,940 | $38,010 | -19% in Miami |
Frequently asked questions
Is Chicago or Miami cheaper to live in?
Chicago is about 10% cheaper overall. Rent is $1,983 a month there versus $2,538 in Miami.
What salary do I need in Miami to match $60,000 in Chicago?
About $66,116 a year gives the same standard of living in Miami.
Where do people earn more, Chicago or Miami?
The typical household earns $84,017 in Chicago and $67,365 in Miami, 25% more in Chicago.