Palmetto Bay, Florida vs. Miami, Florida

Cost of Living Comparison

The cost of living in Miami, Florida is 18.0% cheaper than Palmetto Bay, Florida.

You would need a salary of $32,815 in Miami, Florida to maintain the standard of living you have in Palmetto Bay, Florida.
Comparison highlights
• Overall, Miami, Florida is cheaper than Palmetto Bay, Florida
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
43% cheaper in Miami
than in Palmetto Bay, Florida
Palmetto Bay, FL vs. Miami, FL
Compared to Palmetto Bay, Miami is:
  Homeowner
      No Child Care, Taxes not Considered
  18.0% 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
  1.9% lower
  Housing (Homeowner)
  41.4% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  0.7% lower
  Commute
  3.3% lower
  Health
  0.0% higher
  Taxes
  Childcare
  Personal
  0.8% higher