Miami, Florida’s cost of living is 14% higher than the national average. The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area.
How expensive is Miami Florida?
Well, you better offer your futon, because according to a new ranking from Forbes.com, based on average hotel room price, Miami is the sixth most expensive city to visit in America. …
To Live “Comfortably” in Miami, You Need to Make $77,057 ($46K More Than the Median Income) According to a financial rule of thumb, a person should spend about 50 percent of his or her after-tax income on necessities. That includes things like rent, food, utilities, health care , and transportation.