Is Miami, FL cheaper than Portland, OR?

Based on cost of living data, Miami, FL is 5.4% cheaper than Portland, OR. This translates to saving $404 per month.

What salary do I need in Miami, FL to live like I do in Portland, OR?

If you earn $150,000 in Portland, OR, you'd need approximately $145,153.846 in Miami, FL to maintain the same standard of living.

How does housing cost compare between Portland, OR and Miami, FL?

Housing in Miami, FL is 21.5% cheaper than in Portland, OR. For a two-bedroom apartment, rent is $2,660/month in Miami, FL compared to $1,900/month in Portland, OR.

How much can I save per month by moving from Portland, OR to Miami, FL?

Moving from Portland, OR to Miami, FL could save you approximately $404 per month, or $4846 per year, based on a $150,000 salary.

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Portland, OR

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Miami, FL

Cost of Living Comparison 2026

Current salary in Portland, OR

Numbers update automatically as you type

You'd save $404/month moving to Miami, FL

$150.0K in your current city equals $145.2K in Miami, FL

Rent data from HUD ZIP-level estimates · COL index from Portland-Vancouver-Hillsboro, OR-WA area

Overall Cost

↓ 5.4%

Less expensive

Monthly Impact

$404

Savings

Annual Impact

$4.8K

Per year

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

Portland, OR

Population:641K

Cost Index:100

Median Home:$535K

Miami, FL

Population:442K

Cost Index:95

Median Home:$510K

Portland, OR

The Beaver State

641K

Population

State Tax

Yes

Climate

Oceanic

Notable Facts

•Craft beer capital
•Foodie destination
•Keep Portland Weird

Major Industries

TechnologyManufacturingFood & BeverageTourism

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: Portland, OR vs Miami, FL

Category	Portland, OR	Miami, FL	Difference	Change
🏠Housing	$4,704/mo	$3,690/mo	↓ $1,014less	21.5%
🚗Transportation	$1,721/mo	$1,462/mo	↓ $260less	15.1%
📦Other	$1,925/mo	$2,093/mo	↑ $167more	8.7%
🏥Healthcare	$663/mo	$589/mo	↓ $74.35less	11.2%
⚡All Utilities	$475/mo	$519/mo	↑ $43.71more	9.2%
🛒Groceries	$1,069/mo	$1,079/mo	↑ $9.99more	0.9%

🏠Housing

↓ 21.5%

Portland, OR

$4,704

Miami, FL

$3,690

Difference

$1,014

less

🚗Transportation

↓ 15.1%

Portland, OR

$1,721

Miami, FL

$1,462

Difference

$260

less

📦Other

↑ 8.7%

Portland, OR

$1,925

Miami, FL

$2,093

Difference

$167

🏥Healthcare

↓ 11.2%

Portland, OR

$663

Miami, FL

$589

Difference

$74.35

less

⚡All Utilities

↑ 9.2%

Portland, OR

$475

Miami, FL

$519

Difference

$43.71

🛒Groceries

↑ 0.9%

Portland, OR

$1,069

Miami, FL

$1,079

Difference

$9.99

🏛️ Local Income Taxes

Portland, OR: Multnomah County Preschool for All$1,500/yr (1.0%)

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$1,555

To$1,995

↑ $440

1 Bed

From$1,655

To$2,180

↑ $525

2 Bed

From$1,900

To$2,660

↑ $760

3 Bed

From$2,590

To$3,415

↑ $825

Portland, ORZIP-level data

1BR range: $1,580–$2,030/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.

$10,557

Monthly in Portland, OR

$9,431

Monthly in Miami, FL

$1,126

Difference

Home Values

Portland

Miami

$535K

Median Value

$510K

↓ -1.2%

YoY Change

↓ -3.6%

↑ +7.2%

5-Year Change

↑ +49.4%

$351K - $760K

Price Range

$278K - $1.53M

Homes in Miami are 5% less expensive than Portland

Calculate payment - Portland Calculate payment - Miami

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $15.5K

Per year

Monthly Difference

$1,293

More take-home

Effective Rate Diff

10.3%

Rate difference

Portland, OR

Federal Income Tax

Effective: 18.9%

$25.5K

Oregon State Tax

Effective: 10.3%

$15.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 35.0%

$52.5K

Take-Home Pay

$8,123/month

$97.5K

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

Portland, OR Tax Rates

Sales Tax:0.0%

Property Tax:0.9%

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.