The (Rising) Cost of Living in Miami According to Numbeo, it costs a four-person family around $3,700 a month to live in Miami (excluding housing). Expenses for a single person run around $1,000 a month (excluding housing).
How much money do you need to live comfortably in Miami?
Living Wage Calculation for Miami-Dade County, Florida 1 ADULT 0 Children 3 Children Living Wage $16.08 $50.70 Poverty Wage $6.13 $12.60 Minimum Wage $8.56 $8.56
To live “comfortably” in Miami-Dade, the study shows, you’d need to make at least $77,000 per year.