Cost of living · head to head
Miami, FL is 11% pricier than Phoenix, AZ.
Based on overall price levels from the US Bureau of Economic Analysis. 100 equals the national average.
Phoenix, AZoverall index
103.3
Miami, FLoverall index
114.2
Try your own salary
in Phoenix, AZ
To live the same in Miami, FL, you’d need about $110,552.
That’s about $10,552 more — Miami, FL is pricier.
Where the difference lies
The headline gap is 11%, but housing is where it really shows. Housing in Miami, FL runs 28% higher than in Phoenix, AZ (155.6 vs 121.2), while everyday goods and services sit closer together. For most people the rent or mortgage line moves the most when relocating between these two metros, so weigh that gap more heavily than the overall figure.
Salary you’d need 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 salary in Miami, FL that buys the same standard of living as the amount earned in Phoenix, AZ.
Phoenix, AZ · housing
121.2
Miami, FL · housing
155.6
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.
How much do you need to earn in Miami, FL to match $100,000 in Phoenix, AZ?
About $110,552. To keep the same standard of living, salaries scale with local prices, so a $100,000 lifestyle in Phoenix, AZ costs roughly $110,552 in Miami, FL.
Is housing cheaper in Miami, FL than in Phoenix, AZ?
Housing in Miami, FL scores 155.6 versus 121.2 in Phoenix, AZ — about 28% more expensive. Housing is usually the biggest driver of the overall gap.
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.