salaryAbout the sameBased 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
$2,498
$2,538
🛏️ 2-bedroom rent
$2,339
$1,983
💵 Families earn per year
$88,371
$67,365
🔑 Buying a house
$921,200
$518,100
📊 Overall prices (U.S. = 100)
113.6
114.2
🏛️ Property tax per year
$6,050
$4,586
⚡ Electric bill per month
$151
$133
👥 People living there
3,857,263
459,745
Commute to work
30.7 min
27.3 min
College degree
38.5%
37.4%
Own their home
36%
30.8%
Below poverty line
16.5%
19.4%
Unemployment
8.2%
5.2%
Bottom line
- Pick Los Angeles for lower rent, higher incomes, a more educated workforce and 1 more.
- Pick Miami for cheaper 2-bedroom apartments, cheaper homes, shorter commutes and 1 more.
Pay for the same job
| Job | Los Angeles | Miami | Difference |
|---|---|---|---|
| Elementary School Teacher | $101,860 | $58,300 | -43% in Miami |
| Police Officer | $121,980 | $79,840 | -35% in Miami |
| Dental Hygienist | $122,980 | $82,780 | -33% in Miami |
| Registered Nurse | $135,560 | $91,380 | -33% in Miami |
| Carpenter | $75,740 | $51,570 | -32% in Miami |
| Civil Engineer | $108,640 | $83,750 | -23% in Miami |
| Firefighter | $98,050 | $75,710 | -23% in Miami |
| HVAC Technician | $73,830 | $58,040 | -21% in Miami |
Frequently asked questions
Is Los Angeles or Miami cheaper to live in?
Los Angeles and Miami cost about the same once rent and everyday costs are combined.
What salary do I need in Miami to match $60,000 in Los Angeles?
About $60,311 a year gives the same standard of living in Miami.
Where do people earn more, Los Angeles or Miami?
The typical household earns $88,371 in Los Angeles and $67,365 in Miami, 31% more in Los Angeles.