Lake Placid, Florida vs. Miami, Florida

Cost of Living Comparison

The cost of living in Miami, Florida is 44.0% more expensive than Lake Placid, Florida.

You would need a salary of $108,000 in Miami, Florida to maintain the standard of living you have in Lake Placid, Florida.
Comparison highlights
• Overall, Miami, Florida is more expensive than Lake Placid, Florida
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
111% more expensive in Miami
than in Lake Placid, Florida
Lake Placid, FL vs. Miami, FL
Compared to Lake Placid, Miami is:
  Homeowner
      No Child Care, Taxes not Considered
  44.0% higher
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  4.6% higher
  Housing (Homeowner)
  124.0% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  12.9% lower
  Commute
  89.9% higher
  Health
  2.2% lower
  Taxes
  Childcare
  Personal
  11.6% higher