๐Ÿ“Š Cost of Living Comparison

Miami vs Raleigh

Side-by-side cost of living comparison for 2026

Miami

Florida
127
Expensive
$450,000
Median Home
$2,200/mo
Median Rent
$44,268
Median Income

Raleigh

North Carolina
102
Average
$370,000
Median Home
$1,500/mo
Median Rent
$67,266
Median Income

๐Ÿ’ก The Verdict

20% cheaper
Raleigh is 20% more affordable than Miami. A $75,000 salary in Miami is equivalent to $60,236 in Raleigh.

Category-by-Category Breakdown

Index values shown. National average = 100. Lower is cheaper.

Housing
172
Miami
107
Raleigh
Groceries
108
Miami
100
Raleigh
Utilities
98
Miami
94
Raleigh
Transportation
109
Miami
100
Raleigh
Healthcare
99
Miami
108
Raleigh

๐Ÿ’ฐ Salary Equivalence

To maintain the same standard of living:

$60,236
$75K in Miami โ†’ Raleigh
$93,382
$75K in Raleigh โ†’ Miami

See exact take-home pay: Florida salaries ยท North Carolina salaries

Living in Miami vs Raleigh

Housing is typically the biggest factor in any cost-of-living comparison. Miami has a housing index of 172 while Raleigh sits at 107 (national average = 100). The median home in Miami costs $450,000 compared to $370,000 in Raleigh, a difference of $80,000. Monthly rent follows a similar pattern: $2,200 in Miami versus $1,500 in Raleigh.

Groceries and everyday expenses show a notable difference: Miami scores 108 while Raleigh scores 100.

Healthcare costs in Miami (99) are lower than Raleigh (108).

Median household income in Miami is $44,268 compared to $67,266 in Raleigh. When adjusted for cost of living, income goes further in Raleigh.

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