Providence is 11% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Providence to live the same way.
🏠 Rent per month
$2,538
$1,964
🛏️ 2-bedroom rent
$1,983
$1,603
💵 Families earn per year
$67,365
$73,466
🔑 Buying a house
$518,100
$362,200
📊 Overall prices (U.S. = 100)
114.2
101.8
🏛️ Property tax per year
$4,586
$4,418
⚡ Electric bill per month
$133
$126
👥 People living there
459,745
191,767
Commute to work
27.3 min
25 min
College degree
37.4%
34.6%
Own their home
30.8%
41.4%
Below poverty line
19.4%
20.7%
Unemployment
5.2%
8.2%
Bottom line
- Pick Miami for a more educated workforce, less poverty, lower unemployment.
- Pick Providence for lower rent, cheaper 2-bedroom apartments, higher incomes and 2 more.
Pay for the same job
| Job | Miami | Providence | Difference |
|---|---|---|---|
| Elementary School Teacher | $58,300 | $86,720 | +49% in Providence |
| Plumber | $57,760 | $79,820 | +38% in Providence |
| Electrician | $58,630 | $73,980 | +26% in Providence |
| Licensed Practical Nurse | $62,610 | $78,990 | +26% in Providence |
| Computer Systems Analyst | $103,650 | $128,580 | +24% in Providence |
| Nursing Assistant | $38,010 | $46,330 | +22% in Providence |
| Carpenter | $51,570 | $61,910 | +20% in Providence |
| Customer Service Representative | $39,560 | $47,170 | +19% in Providence |
Frequently asked questions
Is Miami or Providence cheaper to live in?
Providence is about 11% cheaper overall. Rent is $1,964 a month there versus $2,538 in Miami.
What salary do I need in Providence to match $60,000 in Miami?
About $53,492 a year gives the same standard of living in Providence.
Where do people earn more, Miami or Providence?
The typical household earns $67,365 in Miami and $73,466 in Providence, 8% more in Providence.