Is Miami, FL cheaper than Phoenix, AZ?

Based on cost of living data, Miami, FL is 19.2% more expensive than Phoenix, AZ. This translates to spending an extra $1439 per month.

What salary do I need in Miami, FL to live like I do in Phoenix, AZ?

If you earn $150,000 in Phoenix, AZ, you'd need approximately $167,267.442 in Miami, FL to maintain the same standard of living.

How does housing cost compare between Phoenix, AZ and Miami, FL?

Housing in Miami, FL is 32.3% more expensive than in Phoenix, AZ. For a two-bedroom apartment, rent is $2,660/month in Miami, FL compared to $1,750/month in Phoenix, AZ.

How much can I save per month by moving from Phoenix, AZ to Miami, FL?

Living in Miami, FL costs approximately $1439 more per month than Phoenix, AZ, or $17267 more per year, based on a $150,000 salary.

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Phoenix, AZ

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Miami, FL

Cost of Living Comparison 2026

Current salary in Phoenix, AZ

Numbers update automatically as you type

You'd spend $1.4K/month more in Miami, FL

$150.0K in your current city equals $167.3K in Miami, FL

Rent data from HUD ZIP-level estimates · COL index from Phoenix-Mesa-Chandler, AZ area

Overall Cost

↑ 19.2%

More expensive

Monthly Impact

$1,439

Extra cost

Annual Impact

$17.3K

Per year

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

Phoenix, AZ

Population:1608K

Cost Index:100

Median Home:$414K

Miami, FL

Population:442K

Cost Index:119

Median Home:$510K

Phoenix, AZ

The Grand Canyon State

1.6M

Population

State Tax

Yes

Climate

Hot desert

Notable Facts

•Fastest growing major city
•Desert metropolis
•Spring training capital

Major Industries

TechnologyHealthcareTourismManufacturing

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

Cost Breakdown by Category

Annual spending: Phoenix, AZ vs Miami, FL

Category	Phoenix, AZ	Miami, FL	Difference	Change
🏠Housing	$2,788/mo	$3,690/mo	↑ $902more	32.3%
📦Other	$1,677/mo	$2,093/mo	↑ $415more	24.8%
🛒Groceries	$963/mo	$1,079/mo	↑ $116more	12.0%
⚡All Utilities	$561/mo	$519/mo	↓ $42.07less	7.5%
🚗Transportation	$1,489/mo	$1,462/mo	↓ $27.32less	1.8%
🏥Healthcare	$589/mo	$589/mo	→ $0	0.0%

🏠Housing

↑ 32.3%

Phoenix, AZ

$2,788

Miami, FL

$3,690

Difference

$902

📦Other

↑ 24.8%

Phoenix, AZ

$1,677

Miami, FL

$2,093

Difference

$415

🛒Groceries

↑ 12.0%

Phoenix, AZ

$963

Miami, FL

$1,079

Difference

$116

⚡All Utilities

↓ 7.5%

Phoenix, AZ

$561

Miami, FL

$519

Difference

$42.07

less

🚗Transportation

↓ 1.8%

Phoenix, AZ

$1,489

Miami, FL

$1,462

Difference

$27.32

less

🏥Healthcare

→ 0.0%

Phoenix, AZ

$589

Miami, FL

$589

Difference

same

🏠Rent Comparison

Studio

From$1,390

To$1,995

↑ $605

1 Bed

From$1,510

To$2,180

↑ $670

2 Bed

From$1,750

To$2,660

↑ $910

3 Bed

From$2,330

To$3,415

↑ $1,085

Phoenix, AZZIP-level data

1BR range: $1,300–$2,380/mo

Miami, FLZIP-level data

1BR range: $1,550–$2,990/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.

$8,068

Monthly in Phoenix, AZ

$9,431

Monthly in Miami, FL

$1,363

Difference

Home Values

Phoenix

Miami

$414K

Median Value

$510K

↓ -3.1%

YoY Change

↓ -3.6%

↑ +30.2%

5-Year Change

↑ +49.4%

$274K - $957K

Price Range

$278K - $1.53M

Homes in Miami are 23% more expensive than Phoenix

Calculate payment - Phoenix Calculate payment - Miami

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $5.2K

Per year

Monthly Difference

$436

More take-home

Effective Rate Diff

3.5%

Rate difference

Phoenix, AZ

Federal Income Tax

Effective: 18.9%

$25.5K

Arizona State Tax

Effective: 3.5%

$5.2K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 28.2%

$42.2K

Take-Home Pay

$8,979/month

$107.8K

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

Additional Tax Information

Phoenix, AZ Tax Rates

Sales Tax:8.5%

Property Tax:0.6%

Miami, FL Tax Rates

Sales Tax:7.2%

Property Tax:0.8%

💡 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.