Miami, Florida vs. Homestead, Florida

Cost of Living Comparison

The cost of living in Homestead, Florida is 7.1% cheaper than Miami, Florida.

You would need a salary of $41,801 in Homestead, Florida to maintain the standard of living you have in Miami, Florida.
Comparison highlights
• Overall, Homestead, Florida is cheaper than Miami, Florida
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
21% cheaper in Homestead
than in Miami, Florida
Miami, FL vs. Homestead, FL
Compared to Miami, Homestead is:
  Homeowner
      No Child Care, Taxes not Considered
  7.1% lower
      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
  2.9% lower
  Housing (Homeowner)
  36.1% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  2.3% higher
  Commute
  6.6% higher
  Health
  0.0% higher
  Taxes
  Childcare
  Personal
  1.7% lower