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Cost of living · head to head

Miami, FL is approximately 11% pricier than Phoenix, AZ, using Phoenix, AZ as the comparison base.

Based on overall price levels from the US Bureau of Economic Analysis. 100 equals the national average. Figures represent the wider Phoenix, AZ and Miami, FL metropolitan areas, not city limits.

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Phoenix, AZoverall index
103.3
Miami, FLoverall index
114.2
Estimated salary equivalent based on regional price levels
in Phoenix, AZ
A salary of $100,000 in Phoenix, AZ has approximately the same purchasing power as $110,552 in Miami, FL, based on regional price levels.
In plain terms: Miami, FL is more expensive than Phoenix, AZ, so you’d need about $110,552 there to match the lifestyle $100,000 buys in Phoenix, AZ — same groceries, same rent level, same everyday spending. That’s ~$10,600 more to cover the higher cost of living, not a real raise.
Before tax. This estimate does not account for individual spending habits, household size, taxes, childcare, healthcare, transport choices or personal housing circumstances.

Where the difference lies

The headline gap is 11%, but housing is where it really shows. Housing rents in Miami, FL run 28% higher than in Phoenix, AZ (155.6 vs 121.2), while everyday goods and services sit closer together. For most people, housing rents move the most when relocating between these two metros, so weigh that gap more heavily than the overall figure.

Category comparison

CategoryPhoenix, AZMiami, FLDifference
Overall103.3114.2+11%
Goods95.0103.6+9%
Housing rents121.2155.6+28%
Utilities93.397.2+4%
Other services104.0109.1+5%

Miami, FL differs from Phoenix, AZ the most in housing rents — about 28% higher in Miami, FL — while the closest is utilities.

Estimated salary equivalent in Miami, FL

$50,000 in Phoenix, AZ$55,276
$75,000 in Phoenix, AZ$82,914
$100,000 in Phoenix, AZ$110,552
$150,000 in Phoenix, AZ$165,828
$200,000 in Phoenix, AZ$221,104

Each row shows the estimated salary equivalent in Miami, FL, based on regional price levels, for the amount earned in Phoenix, AZ.

Before tax. This estimate does not account for individual spending habits, household size, taxes, childcare, healthcare, transport choices or personal housing circumstances.

Common questions

Is Miami, FL cheaper than Phoenix, AZ?

No — Miami, FL has an overall cost-of-living index of 114.2 versus 103.3 for Phoenix, AZ, making it about 11% more expensive.

What is the estimated salary equivalent for $100,000 in Phoenix, AZ if you moved to Miami, FL?

About $110,552, based on regional price levels — a $100,000 salary in Phoenix, AZ has approximately the same purchasing power as $110,552 in Miami, FL. This is an estimate and does not account for taxes, household size, or personal spending habits.

Is housing cheaper in Miami, FL than in Phoenix, AZ?

Housing rents in Miami, FL score 155.6 versus 121.2 in Phoenix, AZ — about 28% more expensive. Housing rents are often the main driver of differences in overall price levels between metro areas.

What is the cost of living difference between Phoenix, AZ and Miami, FL?

Overall, Miami, FL is about 11% pricier than Phoenix, AZ (index 114.2 vs 103.3), with housing 28% higher. Data is from the US Bureau of Economic Analysis, 2024.