Paradise is 12% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Paradise to live the same way.
🏠 Rent per month
$2,538
$1,532
🛏️ 2-bedroom rent
$1,983
$1,510
💵 Families earn per year
$67,365
$63,836
🔑 Buying a house
$518,100
$384,200
📊 Overall prices (U.S. = 100)
114.2
100.2
🏛️ Property tax per year
$4,586
$1,553
⚡ Electric bill per month
$133
$142
👥 People living there
459,745
185,913
Commute to work
27.3 min
23.2 min
College degree
37.4%
24.1%
Own their home
30.8%
41.9%
Below poverty line
19.4%
17.6%
Unemployment
5.2%
9.8%
Bottom line
- Pick Miami for higher incomes, a more educated workforce, lower unemployment.
- Pick Paradise for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
Pay for the same job
| Job | Miami | Paradise | Difference |
|---|---|---|---|
| Dental Hygienist | $82,780 | $109,210 | +32% in Paradise |
| Civil Engineer | $83,750 | $106,110 | +27% in Paradise |
| Server (Waiter/Waitress) | $36,070 | $27,110 | -25% in Paradise |
| Firefighter | $75,710 | $59,280 | -22% in Paradise |
| Licensed Practical Nurse | $62,610 | $75,920 | +21% in Paradise |
| Carpenter | $51,570 | $62,380 | +21% in Paradise |
| Electrician | $58,630 | $70,890 | +21% in Paradise |
| Nursing Assistant | $38,010 | $45,350 | +19% in Paradise |
Frequently asked questions
Is Miami or Paradise cheaper to live in?
Paradise is about 12% cheaper overall. Rent is $1,532 a month there versus $2,538 in Miami.
What salary do I need in Paradise to match $60,000 in Miami?
About $52,673 a year gives the same standard of living in Paradise.
Where do people earn more, Miami or Paradise?
The typical household earns $67,365 in Miami and $63,836 in Paradise, 6% more in Miami.