salaryMadison is 17% 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
$1,723
$2,538
🛏️ 2-bedroom rent
$1,628
$1,983
💵 Families earn per year
$84,177
$67,365
🔑 Buying a house
$372,900
$518,100
📊 Overall prices (U.S. = 100)
97.3
114.2
🏛️ Property tax per year
$6,541
$4,586
⚡ Electric bill per month
$120
$133
👥 People living there
278,001
459,745
Commute to work
19.4 min
27.3 min
College degree
59.9%
37.4%
Own their home
46%
30.8%
Below poverty line
16.4%
19.4%
Unemployment
2.7%
5.2%
Bottom line
- Pick Madison for lower rent, cheaper 2-bedroom apartments, higher incomes and 5 more.
Pay for the same job
| Job | Madison | Miami | Difference |
|---|---|---|---|
| Firefighter | $56,430 | $75,710 | +34% in Miami |
| Plumber | $85,160 | $57,760 | -32% in Miami |
| Lawyer | $124,130 | $160,320 | +29% in Miami |
| Electrician | $78,430 | $58,630 | -25% in Miami |
| Carpenter | $63,480 | $51,570 | -19% in Miami |
| Dental Hygienist | $100,340 | $82,780 | -18% in Miami |
| Customer Service Representative | $47,500 | $39,560 | -17% in Miami |
| Server (Waiter/Waitress) | $30,910 | $36,070 | +17% in Miami |
Frequently asked questions
Is Madison or Miami cheaper to live in?
Madison is about 17% cheaper overall. Rent is $1,723 a month there versus $2,538 in Miami.
What salary do I need in Miami to match $60,000 in Madison?
About $70,403 a year gives the same standard of living in Miami.
Where do people earn more, Madison or Miami?
The typical household earns $84,177 in Madison and $67,365 in Miami, 25% more in Madison.