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CityLedger

Miami, FL

Miami-Fort Lauderdale-West Palm Beach, FL Metro Area

Figures are medians for the whole Miami-Fort Lauderdale-West Palm Beach, FL Metro Area, not the city proper.

Expensive
41
Livability /100

Among the 300 U.S. metros CityLedger tracks, Miami ranks 247th for affordability — how far a typical paycheck stretches after local prices — and 116th for income. A household earns $80,625 a year while median rent runs $2,083/mo, making it expensive relative to what residents earn. Affordability and price level are different lenses: the raw cost of living here runs 14% above the U.S. average.

Its strongest card is education (89th of 300), while cost of living is the soft spot (299th). Housing usually decides a move: rent ranks 289th and home prices 263rd among the 300 metros CityLedger tracks.

For your salary & household

Enter your pay and household size to see what it's really worth here — the numbers update live and the link stays shareable.

Miami, FL
$61,314
take-home / yr · 18% to tax
$53,711
real value after local prices

On $75,000 for just you in Miami, your take-home is worth about $53,711 once local prices are factored in — local prices stretch it less than the U.S. average.

Take-home estimates a single filer taking the standard deduction (2025 federal brackets, FICA, and state income tax) and isn't tax advice. “Real value” rebases take-home to average U.S. prices using the BEA cost-of-living index; the per-person figure uses the OECD square-root equivalence scale.

The numbers

Income & cost

Median income
116th of 300↑34.1%$80,625
Cost of living?The local price level vs. the U.S. average of 100 (BEA). Lower means cheaper. This is raw prices, not adjusted for income.
299th of 300114 (US=100)
Cost-adj. income?Median household income divided by the local price level — what the typical paycheck is really worth here.
$70,628
Per-capita income
$44,678
Full-time pay
$42,132

Housing

Median rent
289th of 300↑44.9%$2,083/mo
Home value
263rd of 300↑61.9%$510,600
Property tax
$4,260/yr · 0.8%
Sales tax
6.95%

Jobs & education

Unemployment
151st of 3004.5%
Bachelor's+
89th of 30038.7%
Avg commute
277th of 30030.2 min

People

Population
6,457,988
Population change
+4.7%
Median age
41.8 yrs
Foreign-born
43.6%
Broadband
94.6%

Environment & risk

Air quality (AQI)
234th of 30051
Natural-hazard loss
225th of 300$17/$10k

Health

Fair/poor health
200th of 30020.1%
Uninsured (18–64)
20.7%

Sources: U.S. Census Bureau (ACS), U.S. Bureau of Economic Analysis, U.S. EPA, FEMA, CDC, NOAA — every figure's source is listed on our methodology page. Data built 2026-06-14. ↑↓ mark the change since 2019.

How CityLedger scores it

Transparent weights — see our methodology.

Affordability?How far local pay stretches after local prices — purchasing power, not the raw price level. Higher is better.14×35%
Job market58×20%
Incomes?Based on per-capita income — how high earnings are, before adjusting for local prices.56×15%
Education68×15%
Commute39×15%

Strengths

  • + Education

Watch-outs

  • Affordability
  • Cost of living
  • Rent
  • Home prices
  • Commute
  • Air quality
  • Hazard safety

Climate

30-year normals (1991–2020) from the nearest station — hollywood n perry ap.

77°F
Avg temp
91°F
Summer high
61°F
Winter low
62 in
Precip

What jobs pay in Miami

Median annual wage by occupation (BLS OEWS 2025) — half of workers in each role earn more, half less.

Family medicine physicians
$227,700
IT managers
$169,600
Financial managers
$164,230
Lawyers
$160,320
Pharmacists
$135,210
Software developers
$132,650
General & operations managers
$105,640
Registered nurses
$91,380
Civil engineers
$83,750
Accountants & auditors
$80,920
Police officers
$79,840
Secondary school teachers
$60,410
Electricians
$58,630
Elementary school teachers
$58,300
Plumbers
$57,760
Truck drivers (heavy)
$51,580
Carpenters
$51,570
Maintenance & repair workers
$46,290
Construction laborers
$45,520
Customer service reps
$39,560
Waiters & waitresses
$36,070
Retail salespersons
$34,330
Janitors
$34,180
Cashiers
$30,250

Source: U.S. Bureau of Labor Statistics, OEWS 2025 — annual median wage. Cross-industry, all experience levels.

Where new residents move from

The states sending the most people to the Miami metro, by estimated movers (U.S. Census 2022 migration flows, 5-year). Moves from elsewhere in Florida are excluded to show where out-of-state arrivals originate.

  • New York21,701
  • New Jersey8,407
  • California8,345
  • Georgia5,688

Source: U.S. Census Bureau, ACS 2022 Migration Flows (5-year).

Cities like Miami

Closest matches across cost, income, size, education, and age — tap to compare.

Miami metro — frequently asked

What is the median rent in the Miami metro?
Median gross rent across the Miami-Fort Lauderdale-West Palm Beach, FL Metro Area is $2,083 a month (U.S. Census Bureau, ACS 2024). That figure covers the whole metro area, not just the city of Miami.
What is the median household income in the Miami metro?
A typical household in the Miami-Fort Lauderdale-West Palm Beach, FL Metro Area earns $80,625 a year (U.S. Census Bureau, ACS 2024).
Is Miami expensive to live in?
The overall cost of living in the Miami-Fort Lauderdale-West Palm Beach, FL Metro Area runs about 14% above the U.S. average (BEA Regional Price Parities, 2024) — prices are higher than average, before accounting for local pay.
Does a paycheck go far in the Miami metro?
After adjusting for local prices, the median household income is worth about $70,628 (versus its face value of $80,625). CityLedger rates the Miami-Fort Lauderdale-West Palm Beach, FL Metro Area expensive for what residents earn.
What is the typical home value in the Miami metro?
The median home value across the Miami-Fort Lauderdale-West Palm Beach, FL Metro Area is $510,600 (U.S. Census Bureau, ACS 2024).
What is the unemployment rate in the Miami metro?
The unemployment rate in the Miami-Fort Lauderdale-West Palm Beach, FL Metro Area is 4.5% (U.S. Census Bureau, ACS 2024).