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Miami, Florida

USA · Comprehensive city data and intelligence

53
Overall Score

Miami, Florida, often referred to as the "Magic City," is a vibrant metropolis known for its stunning beaches, diverse culture, and dynamic economy. Originally founded in the late 19th century, Miami has grown into a global hub, attracting individuals and businesses with its unique blend of Latin American influence, art deco architecture, and tropical climate. People are drawn to Miami for its energetic lifestyle, burgeoning tech scene, and status as a gateway to international trade. The city's rapid development and cultural richness make it a compelling destination for those seeking both professional opportunities and a high quality of life.

About Florida

Florida, known as the "Sunshine State," offers a diverse character with a laid-back beach culture and vibrant city life, attracting a mix of residents including many transplants. Its economy, the fourth largest in the U.S. as of 2024, is driven by major industries such as tourism, real estate, agriculture, aerospace and aviation, financial services, and healthcare and life sciences. Living in Florida generally entails a cost of living slightly higher than the national average, though it varies by city, with an average annual cost around $50,689 per person. The climate is characterized by hot, humid summers and mild winters, with abundant sunshine year-round, fostering an outdoor-oriented lifestyle. Florida also boasts a tax-friendly environment with no state income tax.

489,812
Population
$61K
Avg Salary
120
Cost Index
52.8
Quality Score
How this 53/100 was calculated five components, with every reading behind them
Component Readings used Points Weight Contributes
Safety Safety score: 65 / 100 65.0 30% 19.5
Affordability Cost of living index (100 = national baseline): 120.0 18.8 25% 4.7
Economy & jobs Median household income: $62,462 Income needed to live here: $87,156 Unemployment rate: 2.8% 45.0 20% 9.0
Growth Population growth rate: 2.07% Job growth rate: 2.9% 77.4 15% 11.6
Business climate assessment Business climate assessment: 80 / 100 80.0 10% 8.0
Overall score 52.8

Provenance. These figures were produced by the research pass recorded as Gemini (Tier 2 (reasoned), q=84), last refreshed 1 July 2026. They are researched estimates drawn from public sources, not a licensed data feed.

Each component is scored against fixed published endpoints, so this number is comparable with any other city and does not move as the dataset grows. Scoring framework 2026.10 — full methodology, weights and accepted ranges.

Businesses in Miami

Featured local businesses in Miami.

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Quality Scores

Business
80
Livability
82
Affordability
55
Growth
85

Cost of Living

The cost of living in Miami, FL, is notably higher than the national average, standing at approximately 20.6% above the U.S. average in 2026. Housing expenses are a primary driver of this elevated cost, with prices for homes and rent significantly exceeding national figures. For instance, housing in Miami is about 57.0% more expensive than the national average. While some costs like healthcare can be more affordable than the U.S. average, other necessities such as groceries and utilities also contribute to the higher overall expenditure, being around 10.3% and 2.1% higher, respectively.

Average Rent
$2,247/mo
Groceries
$765/mo
Transport
$368/mo
Utilities
$378/mo
Healthcare
$128/mo
Gym membership (monthly)
$45.00
Cinema ticket
$17.00
Restaurant meal (mid-range)
$22.00
Monthly groceries
$765.00
Doctor visit (without insurance)
$150.00

Salary Insights

Miami's economy is robust and diverse, driven by several key sectors. Top industries include Technology, Healthcare, Real Estate and Construction, Tourism/Hospitality, Trade & Logistics, and Financial Services. The city has seen significant growth in its tech scene, attracting substantial venture capital investments and establishing itself as a prominent tech hub. The Miami metro area experienced a job growth rate of 2.9% in August 2024, with strong gains in education and health services, leisure and hospitality, professional and business services, and construction. Miami's pro-business environment, coupled with no state income tax, continues to attract new businesses and professionals, fostering a dynamic job market and a growing remote work scene.

The average salary in Miami is $60,900 per year. You would need approximately $87,156 to live comfortably.

Top Industries

Healthcare +4.50% Tourism & Hospitality +5.50% Technology +6.00% Real Estate & Construction +3.80% Trade & Logistics +3.00%

Climate

🌡️
Avg Temp
☀️
Summer High
❄️
Winter Low
🌧️
"
Annual Rain
💧
75.00%
Humidity
🌤️
Sunny Days

Transport

Getting around Miami is a mix of public transit, walkability, and driving, though the city is making strides to reduce car dependency. Miami boasts an impressive walkability score of 77 out of 100 and a bike-friendliness score of 64 out of 100, ranking it as the second-most walkable city in the U.S. in 2025. The average commute time for workers is around 27.3 minutes. Public transportation options include the Metromover, Metrorail, and Metrobus, which connect various parts of the city and surrounding areas. Initiatives like the Underline green belt system further promote walking and biking, making it easier for residents to navigate without a car, particularly in densely developed neighborhoods.

27 min
Avg Commute
65.00/10
Transit Score
77.00/10
Walkability
Medium
Car Dependency

Pros & Cons

Advantages
Miami was ranked the second-most walkable city in the U.S. in 2025, with a walkability score of 77 out of 100.
The city boasts a diverse and growing economy, with strong sectors in technology, healthcare, and international trade.
Florida has no state income tax, which can be a significant financial advantage for residents and businesses.
Miami offers a vibrant cultural scene, influenced by its rich Latin American heritage, with diverse dining, music, and entertainment options.
The presence of highly-ranked hospitals like Baptist Health Baptist Hospital and Jackson Memorial Hospital ensures access to quality healthcare.
Drawbacks
The cost of living in Miami is significantly higher than the national average, with housing expenses being 57% more expensive.
Average rent in Miami is 35% higher than the national average, making it one of the most expensive rental markets in the U.S..
While improving, traffic congestion can be a challenge, and car dependency remains a factor for many residents outside highly walkable areas.
The median household income in Miami ($62,462 in 2024) is lower than the national average, potentially impacting affordability for some residents.
Summers in Miami are hot and humid, with a high likelihood of rainfall and tropical weather events.

Questions about Miami

What people ask about living in and moving to Miami, Florida.

What are the biggest challenges when moving to Miami from another state? Moving Here 1 answer

The primary challenges include higher housing costs, humidity‑related wear on belongings, and traffic congestion. Because the average rent is $2,247, budgeting for a larger security deposit and possible moving‑in fees is essential. Miami’s tropical climate means moisture can affect furniture and electronics; using moisture‑absorbing packs and allowing items to acclimate before use helps. Traffic peaks during rush hou...

How does Miami's cost of living compare to the national average? Cost of Living 1 answer

Miami’s cost‑of‑living index is 120, meaning expenses are about 20 % higher than the U.S. average. Housing is the biggest driver: the average rent for a one‑bedroom apartment is $2,247 per month, which is well above the national median. Grocery, dining, and transportation costs also tend to be higher, while utilities are roughly in line with the national average. To gauge how this impacts you, compare your current mo...

What industries are strongest for job seekers in Miami? Jobs & Economy 1 answer

Miami’s economy is anchored by tourism, international trade, finance, and health care. The city’s status as a gateway to Latin America fuels demand for bilingual professionals in banking, real‑estate, and import‑export firms. Tourism supports hospitality, event planning, and transportation jobs. Health‑care and biotech also show steady growth, offering roles in hospitals, research centers, and senior‑care facilities....

How do public schools in Miami rank compared to the national average? Schools & Education 1 answer

Miami’s public schools are administered by the county school district, which provides performance data on its website. Overall, the district’s test scores hover around the national average, with some schools exceeding it and others falling short. When evaluating options, look at each school’s rating, student‑to‑teacher ratio, and extracurricular offerings. The district’s portal also lists enrollment zones, so you can...

Is Miami safe for newcomers, especially at night? Safety 1 answer

Miami’s safety score is 65 out of 100, indicating moderate risk relative to other U.S. cities. Crime rates can differ significantly by neighborhood; downtown and tourist districts have a visible police presence, but it’s still advisable to stay aware, especially after dark. Use well‑lit streets, travel with companions when possible, and keep valuables out of sight. The city’s police department publishes crime maps an...

What public transportation options are available for daily commuters? Getting Around 1 answer

Miami’s public transit system includes buses, a rapid‑transit rail line, and a commuter rail that connect downtown, the suburbs, and the airport. The bus network covers most of the city and operates frequent routes during peak hours. The rail line runs north‑south through the urban core, linking residential districts with business centers. A commuter rail extends farther north to suburban areas. All services accept a...

Where can I find affordable primary‑care doctors in Miami? Healthcare 1 answer

Miami has a large network of primary‑care providers, ranging from private practices to community health centers. If your insurance limits you to certain networks, start by checking the insurer’s provider directory for doctors practicing within the city. Community health clinics often offer sliding‑scale fees based on income and can be a cost‑effective option if you need care outside your network. The county health de...

How does the average salary in Miami compare to living expenses? General 1 answer

The median annual salary in Miami is $60,900, which translates to about $4,825 before tax each month. With an average rent of $2,247, housing alone consumes roughly 47 % of gross monthly income, higher than the recommended 30 % threshold. After accounting for taxes, utilities, groceries, transportation, and discretionary spending, many residents find budgeting tight, especially if supporting a family. To gauge comfor...

What should I expect to pay for a one‑bedroom apartment in Miami? Housing 1 answer

The average rent for a one‑bedroom unit in Miami is $2,247 per month. Prices vary by neighborhood; areas closer to downtown and the beach tend to be pricier, while neighborhoods farther inland may offer lower rates. When budgeting, factor in additional costs such as utilities, internet, and renter’s insurance, which can add $150–$250 each month. It’s wise to browse multiple online listing platforms and set a maximum...

What free or low‑cost activities are popular among residents? Things to Do 1 answer

Miami offers numerous free or inexpensive attractions. Public beaches are open year‑round and provide opportunities for swimming, sunbathing, and people‑watching. The city maintains several parks with walking trails, sports fields, and outdoor art installations. Cultural venues such as museums and galleries often have free admission days or discounted evenings; check their calendars online. Street festivals, farmers’...

Some answers here were drafted as a starting point and may be out of date. Live in Miami? Add your own.

Frequently Asked Questions

Urblytica benchmarks its Cost of Living Index against a United States national average baseline of 100. A score of 115 means a city is approximately 15% more expensive than the national average, while a score of 85 indicates it is 15% more affordable. This composite calculation is weighted across six primary expenditure categories: housing, utilities, grocery items, transportation, healthcare, and miscellaneous goods.

Urblytica aggregates housing data from multiple authoritative sources, including Multiple Listing Service (MLS) feeds, municipal property tax registries, the U.S. Census Bureau’s American Community Survey (ACS), and verified historical deed transactions. This multi-tier aggregation ensures precision in tracking median home values and rental rates.

A municipality must meet minimum data-density thresholds—including consistent reporting population samples from the U.S. Census and active residential or commercial real estate transaction feeds—to ensure statistical significance before a complete scoring profile is published.

When primary agencies (such as the Bureau of Labor Statistics or U.S. Census Bureau) issue historical data revisions or benchmark corrections, Urblytica's data pipeline automatically re-indexes affected historical archives to maintain longitudinal trend accuracy.

U.S. affordability calculations incorporate federal income tax brackets, state-specific income tax rates, and local municipal tax variations to evaluate the true net tax drag on median household earnings across different states and cities.

Local county and municipal property tax millage rates are factored directly into the housing component of the cost-of-living index to reflect recurring annual tax burdens for homeowners.

The platform aggregates state sales taxes alongside county and city surtaxes to measure consumer basket purchasing power parity accurately across different retail jurisdictions.

Utility calculations apply regional seasonal consumption weightings, incorporating high summer air conditioning loads in southern states and heavy winter heating demands in northern states.

The index tracks average out-of-pocket healthcare expenses, routine outpatient visit costs, and regional health insurance premium benchmarks published by federal health agencies.

Educational metrics aggregate state standardized testing benchmarks, student-to-teacher ratios, high school graduation rates, and per-pupil expenditure data published by state departments of education.

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