CostByCity

Los Angeles, CA vs Miami, FL

Cost of Living Comparison

Los Angeles, CA is more affordable by 0.6 index points

Side-by-Side Comparison

CategoryLos Angeles, CAMiami, FLDifference
Overall113.6114.2-0.6
Housing170.4155.6+14.9
Goods106.6103.6+3.1
Utilities158.697.2+61.4
Other Services104.4109.1-4.8

Income & Housing Comparison

MetricLos Angeles, CAMiami, FL
Median Household Income$89,105$69,085
Median Home Value$772,000$369,500
Median Monthly Rent$1,892$1,657
Per Capita Income$43,986$39,957

Frequently Asked Questions

Is Los Angeles, CA or Miami, FL cheaper to live in?
Los Angeles, CA is more affordable. The cost of living difference is 0.6 index points (Los Angeles, CA: 113.6, Miami, FL: 114.2).
Where is housing cheaper, Los Angeles, CA or Miami, FL?
Housing is more affordable in Miami, FL. Housing index: Los Angeles, CA (170.4) vs Miami, FL (155.6).