Is Austin, TX cheaper than Miami Beach, FL?

Based on cost of living data, Austin, TX is 13.0% cheaper than Miami Beach, FL. This translates to saving $977 per month.

What salary do I need in Austin, TX to live like I do in Miami Beach, FL?

If you earn $150,000 in Miami Beach, FL, you'd need approximately $138,280.665 in Austin, TX to maintain the same standard of living.

How does housing cost compare between Miami Beach, FL and Austin, TX?

Housing in Austin, TX is 9.8% cheaper than in Miami Beach, FL. For a two-bedroom apartment, rent is $1,995/month in Austin, TX compared to $2,930/month in Miami Beach, FL.

How much can I save per month by moving from Miami Beach, FL to Austin, TX?

Moving from Miami Beach, FL to Austin, TX could save you approximately $977 per month, or $11719 per year, based on a $150,000 salary.

Miami Beach, FL vs Austin, TX: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Miami Beach, FL — ZIP-level rent data · COL adjusted from Miami, FL area

Current salary in Miami Beach, FL

Numbers update automatically as you type

You'd save $977/month moving to Austin, TX

$150.0K in your current city equals $138.3K in Austin, TX

Rent data from HUD ZIP-level estimates · COL index from Miami-Fort Lauderdale-Pompano Beach, FL area

Overall Cost

↓ 13.0%

Less expensive

Monthly Impact

$977

Savings

Annual Impact

$11.7K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Miami Beach, FL

Population:80K

Cost Index:100

Median Home:$6.28M

Austin, TX

Population:979K

Cost Index:87

Median Home:$558K

Miami Beach, FL

The Sunshine State

80K

Population

State Tax

No Income Tax

Located in Florida, this city has a population of 80K residents.

💡 Advantage: Florida has no state income tax!

Austin, TX

The Lone Star State

979K

Population

State Tax

No Income Tax

Climate

Humid subtropical

Notable Facts

•Live music capital
•Major tech hub
•SXSW festival city

Major Industries

TechnologyMusic IndustryEducationGovernment

Cost Breakdown by Category

Annual spending: Miami Beach, FL vs Austin, TX

Category	Miami Beach, FL	Austin, TX	Difference	Change
🏠Housing	$3,198/mo	$2,885/mo	↓ $313less	9.8%
📦Other	$2,015/mo	$1,741/mo	↓ $274less	13.6%
🚗Transportation	$1,407/mo	$1,284/mo	↓ $123less	8.8%
🛒Groceries	$1,059/mo	$959/mo	↓ $99.63less	9.4%
⚡All Utilities	$509/mo	$541/mo	↑ $31.61more	6.2%
🏥Healthcare	$578/mo	$589/mo	↑ $11.06more	1.9%

🏠Housing

↓ 9.8%

Miami Beach, FL

$3,198

Austin, TX

$2,885

Difference

$313

less

📦Other

↓ 13.6%

Miami Beach, FL

$2,015

Austin, TX

$1,741

Difference

$274

less

🚗Transportation

↓ 8.8%

Miami Beach, FL

$1,407

Austin, TX

$1,284

Difference

$123

less

🛒Groceries

↓ 9.4%

Miami Beach, FL

$1,059

Austin, TX

$959

Difference

$99.63

less

⚡All Utilities

↑ 6.2%

Miami Beach, FL

$509

Austin, TX

$541

Difference

$31.61

🏥Healthcare

↑ 1.9%

Miami Beach, FL

$578

Austin, TX

$589

Difference

$11.06

🏠Rent Comparison

Studio

From$2,201

To$1,585

↓ $616

1 Bed

From$2,398

To$1,685

↓ $713

2 Bed

From$2,930

To$1,995

↓ $935

3 Bed

From$3,756

To$2,525

↓ $1,231

Miami Beach, FLZIP-level data

1BR range: $2,930–$2,930/mo

Austin, TXZIP-level data

1BR range: $1,490–$2,350/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$8,765

Monthly in Miami Beach, FL

$7,998

Monthly in Austin, TX

$767

Difference

Home Values

Miami Beach

Austin

$6.28M

Median Value

$558K

YoY Change

↓ -5%

↑ +88.7%

5-Year Change

↑ +12.6%

$6.28M

Price Range

$272K - $1.26M

Homes in Austin are 91% less expensive than Miami Beach

Calculate payment - Miami Beach Calculate payment - Austin

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

→ $0

Same taxes

Monthly Difference

Same take-home

Effective Rate Diff

0.0%

Rate difference

Miami Beach, FL

Federal Income Tax

Effective: 18.9%

$25.5K

Florida State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

Austin, TX

Federal Income Tax

Effective: 18.9%

$25.5K

Texas State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

Additional Tax Information

Miami Beach, FL Tax Rates

Sales Tax:7.2%

Property Tax:0.8%

Austin, TX Tax Rates

Sales Tax:8.2%

Property Tax:1.8%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.