Is Philadelphia, PA cheaper than Miami, FL?

Based on cost of living data, Philadelphia, PA is 17.7% cheaper than Miami, FL. This translates to saving $1329 per month.

What salary do I need in Philadelphia, PA to live like I do in Miami, FL?

If you earn $150,000 in Miami, FL, you'd need approximately $134,048.78 in Philadelphia, PA to maintain the same standard of living.

How does housing cost compare between Miami, FL and Philadelphia, PA?

Housing in Philadelphia, PA is 37.3% cheaper than in Miami, FL. For a two-bedroom apartment, rent is $1,660/month in Philadelphia, PA compared to $2,660/month in Miami, FL.

How much can I save per month by moving from Miami, FL to Philadelphia, PA?

Moving from Miami, FL to Philadelphia, PA could save you approximately $1329 per month, or $15951 per year, based on a $150,000 salary.

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Miami, FL

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Philadelphia, PA

Cost of Living Comparison 2026

Current salary in Miami, FL

Numbers update automatically as you type

You'd save $1.3K/month moving to Philadelphia, PA

$150.0K in your current city equals $134.0K in Philadelphia, PA

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

Overall Cost

↓ 17.7%

Less expensive

Monthly Impact

$1,329

Savings

Annual Impact

$16.0K

Per year

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

Miami, FL

Population:442K

Cost Index:100

Median Home:$510K

Philadelphia, PA

Population:1584K

Cost Index:82

Median Home:$241K

Miami, FL

The Sunshine State

442K

Population

State Tax

No Income Tax

Climate

Tropical

Notable Facts

•Gateway to Latin America
•Major cruise port
•International business hub

Major Industries

International TradeTourismFinanceReal Estate

Philadelphia, PA

The Keystone State

1.6M

Population

State Tax

Yes

Climate

Humid subtropical

Notable Facts

•Birthplace of America
•Cheesesteak city
•Major East Coast hub

Major Industries

HealthcareEducationFinanceManufacturing

Cost Breakdown by Category

Annual spending: Miami, FL vs Philadelphia, PA

Category	Miami, FL	Philadelphia, PA	Difference	Change
🏠Housing	$3,690/mo	$2,313/mo	↓ $1,377less	37.3%
📦Other	$2,093/mo	$1,774/mo	↓ $318less	15.2%
⚡All Utilities	$519/mo	$607/mo	↑ $87.43more	16.8%
🚗Transportation	$1,462/mo	$1,421/mo	↓ $40.98less	2.8%
🛒Groceries	$1,079/mo	$1,104/mo	↑ $24.98more	2.3%
🏥Healthcare	$589/mo	$607/mo	↑ $18.59more	3.2%

🏠Housing

↓ 37.3%

Miami, FL

$3,690

Philadelphia, PA

$2,313

Difference

$1,377

less

📦Other

↓ 15.2%

Miami, FL

$2,093

Philadelphia, PA

$1,774

Difference

$318

less

⚡All Utilities

↑ 16.8%

Miami, FL

$519

Philadelphia, PA

$607

Difference

$87.43

🚗Transportation

↓ 2.8%

Miami, FL

$1,462

Philadelphia, PA

$1,421

Difference

$40.98

less

🛒Groceries

↑ 2.3%

Miami, FL

$1,079

Philadelphia, PA

$1,104

Difference

$24.98

🏥Healthcare

↑ 3.2%

Miami, FL

$589

Philadelphia, PA

$607

Difference

$18.59

🏛️ Local Income Taxes

Philadelphia, PA: Philadelphia Wage Tax (resident)$5,625/yr (3.8%)

Miami, FL has no local income tax.

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

🏠Rent Comparison

Studio

From$1,995

To$1,280

↓ $715

1 Bed

From$2,180

To$1,390

↓ $790

2 Bed

From$2,660

To$1,660

↓ $1,000

3 Bed

From$3,415

To$1,990

↓ $1,425

Miami, FLZIP-level data

1BR range: $1,550–$2,990/mo

Philadelphia, PAZIP-level data

1BR range: $1,080–$2,280/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.

$9,431

Monthly in Miami, FL

$7,826

Monthly in Philadelphia, PA

$1,605

Difference

Home Values

Miami

Philadelphia

$510K

Median Value

$241K

↓ -3.6%

YoY Change

↑ +2.8%

↑ +49.4%

5-Year Change

↑ +9%

$278K - $1.53M

Price Range

$71K - $855K

Homes in Philadelphia are 53% less expensive than Miami

Calculate payment - Miami Calculate payment - Philadelphia

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $4.6K

More taxes

Monthly Difference

$384

Less take-home

Effective Rate Diff

3.1%

Rate difference

Miami, 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

Philadelphia, PA

Federal Income Tax

Effective: 18.9%

$25.5K

Pennsylvania State Tax

Effective: 3.1%

$4.6K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 27.7%

$41.6K

Take-Home Pay

$9,032/month

$108.4K

Additional Tax Information

Miami, FL Tax Rates

Sales Tax:7.2%

Property Tax:0.8%

Philadelphia, PA Tax Rates

Sales Tax:6.5%

Property Tax:1.4%

💡 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.