Los Angeles is 45% more expensive than Miami.
When comparing Los Angeles, CA and Miami, FL, the overall cost of living indices are 187 and 129 respectively (national median = 100). Rent is $222/month cheaper in Miami, saving renters about $2,664/year.
Median household income is $20,976/year higher in Los Angeles. Home values also differ significantly — the median in Los Angeles is $879,500 compared to $475,200 in Miami.
Florida has no state income tax, giving Miami residents a significant tax advantage over California's 13.3% rate.
Los Angeles vs Miami — common questions
Other cost of living comparisons for Los Angeles and Miami