Is Miami, FL cheaper than Yonkers, NY?

Based on cost of living data, Miami, FL is 1.6% cheaper than Yonkers, NY. This translates to saving $120 per month.

What salary do I need in Miami, FL to live like I do in Yonkers, NY?

If you earn $150,000 in Yonkers, NY, you'd need approximately $148,560 in Miami, FL to maintain the same standard of living.

How does housing cost compare between Yonkers, NY and Miami, FL?

Housing in Miami, FL is 0.7% cheaper than in Yonkers, NY. For a two-bedroom apartment, rent is $2,660/month in Miami, FL compared to $2,860/month in Yonkers, NY.

How much can I save per month by moving from Yonkers, NY to Miami, FL?

Moving from Yonkers, NY to Miami, FL could save you approximately $120 per month, or $1440 per year, based on a $150,000 salary.

Yonkers, NY vs Miami, FL: Cost of Living Comparison 2026

Tap to swap

Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

Current salary in Yonkers, NY

Numbers update automatically as you type

You'd save $120/month moving to Miami, FL

$150.0K in your current city equals $148.6K in Miami, FL

Rent data from HUD ZIP-level estimates · COL index from New York-Newark-Jersey City, NY-NJ-PA area

Overall Cost

↓ 1.6%

Less expensive

Monthly Impact

$120

Savings

Annual Impact

$1.4K

Per year

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

Yonkers, NY

Population:208K

Cost Index:

100

100 = national average

Median Home:$648K

Miami, FL

Population:442K

Cost Index:

(2% below avg)

Median Home:$510K

Yonkers, NY

The Empire State

208K

Population

State Tax

Yes

Located in New York, this city has a population of 208K residents.

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: Yonkers, NY vs Miami, FL

Category	Yonkers, NY	Miami, FL	Difference	Change
Transportation	$1,598/mo	$1,462/mo	↓ $137less	8.5%
Healthcare	$688/mo	$589/mo	↓ $99.13less	14.4%
All Utilities	$596/mo	$519/mo	↓ $76.50less	12.8%
Other	$2,026/mo	$2,093/mo	↑ $66.96more	3.3%
Housing	$3,716/mo	$3,690/mo	↓ $25.99less	0.7%
Groceries	$1,099/mo	$1,079/mo	↓ $19.99less	1.8%

Transportation

↓ 8.5%

Yonkers, NY

$1,598

Miami, FL

$1,462

Difference

$137

less

Healthcare

↓ 14.4%

Yonkers, NY

$688

Miami, FL

$589

Difference

$99.13

less

All Utilities

↓ 12.8%

Yonkers, NY

$596

Miami, FL

$519

Difference

$76.50

less

Other

↑ 3.3%

Yonkers, NY

$2,026

Miami, FL

$2,093

Difference

$66.96

Housing

↓ 0.7%

Yonkers, NY

$3,716

Miami, FL

$3,690

Difference

$25.99

less

Groceries

↓ 1.8%

Yonkers, NY

$1,099

Miami, FL

$1,079

Difference

$19.99

less

🏛️ Local Income Taxes

Yonkers, NY: Yonkers Surcharge (16.75% of state tax)$2,939/yr (2.0%)

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$2,490

To$1,995

↓ $495

1 Bed

From$2,610

To$2,180

↓ $430

2 Bed

From$2,860

To$2,660

↓ $200

3 Bed

From$3,580

To$3,415

↓ $165

Yonkers, NYZIP-level data

1BR range: $2,400–$2,710/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.

$9,722

Monthly in Yonkers, NY

$9,431

Monthly in Miami, FL

$291

Difference

Home Values

Yonkers

Miami

$648K

Median Value

$510K

↑ +4.6%

YoY Change

↓ -3.6%

↑ +30.3%

5-Year Change

↑ +49.4%

$598K - $729K

Price Range

$278K - $1.53M

Homes in Miami are 21% less expensive than Yonkers

Calculate payment - Yonkers Calculate payment - Miami

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $9.5K

Per year

Monthly Difference

$795

More take-home

Effective Rate Diff

6.4%

Rate difference

Yonkers, NY

Federal Income Tax

Effective: 18.9%

$25.5K

New York State Tax

Effective: 6.4%

$9.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 31.0%

$46.6K

Take-Home Pay

$8,620/month

$103.4K

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

Yonkers, NY Tax Rates

Sales Tax:8.8%

Property Tax:1.2%

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.