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Calculate Your Finances in Miami

Enter your gross monthly salary to see net pay, affordable neighborhoods, and savings

USD

Free calculator with 2026 tax rates. No data stored.

Cost of Living in Miami, United States

Gateway to Latin America. Finance, tech, real estate. No state income tax.

Currency
USD ($)
English Level
Excellent
Healthcare
Private (employer-based)

Rental Prices in Miami

1-Bedroom Apartment
$1,700 - $3,300
per month
2-Bedroom Apartment
$2,200 - $4,100
per month

* Prices shown are second-hand rental market rates, typical for expats.9 neighborhoods tracked. Source: HUD Fair Market Rents (2025/2026).

Monthly Living Costs

Groceries
$550
Transport
$112
Utilities
$314
Dining Out
$330

Data from official statistics and local surveys.

Popular Neighborhoods

Brickell
Miami's financial district. Sleek high-rises, waterfront dining, and young professional scene.
5 min metro•$2,700+/mo
South Beach
Iconic Art Deco district. World-famous beach, Ocean Drive nightlife, and celebrity spotting.
20 min bus•$2,900+/mo
Wynwood
World-famous arts district. Street murals, galleries, breweries, and warehouse conversions.
10 min bus•$2,500+/mo
Coconut Grove
Historic bohemian village. Lush tree canopy, waterfront parks, and laid-back lifestyle.
15 min metro•$2,600+/mo
Coral Gables
Mediterranean-style planned community. Tree-lined boulevards, Miracle Mile shopping, and UM campus.
20 min metro•$2,400+/mo
Little Havana
Vibrant Cuban cultural hub. Calle Ocho, domino parks, authentic Latin cuisine, and colorful murals.
15 min bus•$1,700+/mo

Work Visa

H-1B for specialty occupations (lottery). L-1 for intra-company transfer. O-1 for extraordinary ability.

Processing: 3-12 months (H-1B lottery in April)

Relocation Costs

Usually first+last month + security deposit. Credit check required (~$25-50). No agent fees in most markets.

Typical deposit: 2 months rent

Enter your salary above to see a personalized breakdown of your finances in Miami

Our calculator shows net income after taxes, affordable neighborhoods, and savings potential

Data last updated: January 2026•View methodology

Guides for Miami

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Frequently Asked Questions about Miami