Lake Wales, Florida vs. Miami, Florida

Cost of Living Comparison

The cost of living in Miami, Florida is 42.8% more expensive than Lake Wales, Florida.

You would need a salary of $121,400 in Miami, Florida to maintain the standard of living you have in Lake Wales, Florida.
Comparison highlights
• Overall, Miami, Florida is more expensive than Lake Wales, Florida
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
126% more expensive in Miami
than in Lake Wales, Florida
Lake Wales, FL vs. Miami, FL
Compared to Lake Wales, Miami is:
  Homeowner
      No Child Care, Taxes not Considered
  42.8% higher
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  5.2% higher
  Housing (Homeowner)
  141.5% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  10.2% lower
  Commute
  64.4% higher
  Health
  3.1% higher
  Taxes
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  Childcare
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  Personal
  11.6% higher
Cost of Food
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