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Miami vs New York: prices, pay and housing
| Miami, FL | New York, NY | |
|---|---|---|
| BEA price parity (U.S. = 100) | 114.2 | 112.6 |
| Average salary, all jobs | $67,190 | $86,310 |
| Median salary, all jobs | $48,640 | $61,430 |
| Average salary adjusted for prices | $58,859 | $76,677 |
| Take-home on the average salary* | $56,098 | $65,407 |
| Typical home value | $475,622 | $727,625 |
| Median household income | $73,481 | $97,334 |
| Home price / household income | 6.5 | 7.5 |
| Metro population | 6,138,876 | 19,756,722 |
*Single filer, federal and state income tax and FICA (2026 rules); city income taxes included where we model them.
Compare with another city or state
Equivalent salary: Miami to New York
To keep the same standard of living when moving from Miami to New York, multiply your salary by 0.986.
| Salary in Miami | Same buying power in New York |
|---|---|
| $50,000 in Miami | $49,303 in New York |
| $75,000 in Miami | $73,954 in New York |
| $100,000 in Miami | $98,605 in New York |
| $150,000 in Miami | $147,908 in New York |
| $200,000 in Miami | $197,211 in New York |
Salaries for common jobs in Miami and New York
| Job | Miami | New York | Adjusted for prices |
|---|---|---|---|
| Home Health and Personal Care Aides | $34,420 | $41,120 | $30,152 / $36,531 |
| Retail Salespersons | $36,820 | $43,950 | $32,254 / $39,045 |
| Registered Nurses | $94,990 | $119,600 | $83,211 / $106,252 |
| Janitors and Cleaners, Except Maids and Housekeeping Cleaners | $34,940 | $45,520 | $30,608 / $40,440 |
| General and Operations Managers | $131,240 | $189,200 | $114,966 / $168,084 |
| Cashiers | $32,520 | $38,180 | $28,488 / $33,919 |
| Fast Food and Counter Workers | $31,770 | $37,130 | $27,831 / $32,986 |
| Security Guards | $37,900 | $46,140 | $33,200 / $40,990 |
| Waiters and Waitresses | $41,120 | $55,000 | $36,021 / $48,862 |
| Office Clerks, General | $46,750 | $50,080 | $40,953 / $44,491 |
| Stockers and Order Fillers | $38,240 | $42,380 | $33,498 / $37,650 |
| Teaching Assistants, Except Postsecondary | $35,190 | $42,530 | $30,827 / $37,783 |
| Customer Service Representatives | $43,680 | $54,410 | $38,264 / $48,337 |
| Secretaries and Administrative Assistants, Except Legal, Medical, and Executive | $48,550 | $53,310 | $42,530 / $47,360 |
| Software Developers | $144,730 | $165,870 | $126,784 / $147,357 |
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Average salary vs. price-adjusted salary
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Miami vs New York: questions
Is Miami more expensive than New York?
Yes. BEA prices are 114.2 in Miami, FL and 112.6 in New York, NY (U.S. = 100).
What salary do I need in New York to match $100,000 in Miami?
About $98,605, before taxes.
Where do salaries go further, Miami or New York?
New York, NY: once prices are counted, its average salary buys more.
Sources and how to read this page
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas.
- Home values: Zillow Home Value Index; income and population: Census ACS 5-year 2023.
Read the full methodology. Spotted an error? Tell us.