City comparison
Miami vs Phoenix Cost of Living
Compare overall indexes, housing costs, and budget targets between Miami (132.2) and Phoenix (113.5).
Miami Index
132.2
Phoenix Index
113.5
Miami Rent
$3,325
Phoenix Rent
$2,525
Miami Home price
$607,000
Phoenix Home price
$459,000
Salary equivalent calculator
Enter your current salary in Miami to estimate the income needed for a similar lifestyle in Phoenix.
Equivalent salary in Phoenix
$94,440
Based on the relative overall cost of living between Miami and Phoenix.
Category-by-category differences
Use this table to see which categories make one city more or less expensive than the other.
| Category | Miami | Phoenix | Difference |
|---|---|---|---|
| Housing | 172 | 136 | -36.0 (-20.9%) |
| Groceries | 116 | 101 | -15.0 (-12.9%) |
| Transportation | 106 | 103 | -3.0 (-2.8%) |
| Healthcare | 108 | 98 | -10.0 (-9.3%) |
| Utilities | 111 | 108 | -3.0 (-2.7%) |
| Miscellaneous | 115 | 101 | -14.0 (-12.2%) |
Budget comparison
Single
$6,210 / $5,160
Miami / Phoenix
Couple
$10,310 / $8,570
Miami / Phoenix
Family
$14,530 / $12,070
Miami / Phoenix
Frequently Asked Questions
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View Miami city page
Open the full cost-of-living profile for Miami.
View Phoenix city page
Open the full cost-of-living profile for Phoenix.
Last updated: Q1 2026
Data as of Q1 2026. Sources: U.S. Bureau of Labor Statistics, U.S. Census Bureau, HUD Fair Market Rents.
Cost of living indexes use the national average as baseline (100). Data is updated periodically.