Cost of Living: Miami, FL vs Fayetteville, NC (2026)

Miami

Florida
129
VS

Fayetteville

North Carolina
73

Miami is 77% more expensive than Fayetteville.

$1,657/mo ↑ 41%
Median Rent
$1,179/mo ↓ 29%
$59,390/yr ↑ 5%
Median Income
$56,395/yr ↓ 5%
$475,200 ↑ 176%
Home Value
$171,900 ↓ 64%
$1,666/mo ↑ 44%
Owner Costs
$1,156/mo ↓ 31%
446,663
Population
209,692

Tax Comparison

0%
Income Tax
4.5%
6.0%
State Sales Tax
4.75%
0.86%
Property Tax
0.8%

Affordability

33.5%
rent-to-income
Affordability
25.1%
rent-to-income

Detailed Comparison

When comparing Miami, FL and Fayetteville, NC, the overall cost of living indices are 129 and 73 respectively (national median = 100). Rent is $478/month cheaper in Fayetteville, saving renters about $5,736/year.

Median household income is $2,995/year higher in Miami. Home values also differ significantly — the median in Miami is $475,200 compared to $171,900 in Fayetteville.

Florida has no state income tax, giving Miami residents a significant tax advantage over North Carolina's 4.5% rate.

Frequently Asked Questions

Miami vs Fayetteville — common questions

Is Miami or Fayetteville cheaper to live in?
Based on our cost index, Fayetteville is cheaper to live in with an index of 73 compared to 129 (US average = 100).
What is the rent difference between Miami and Fayetteville?
Median rent in Miami is $1,657/month and in Fayetteville it's $1,179/month — a difference of $478/month.
Which city has higher income, Miami or Fayetteville?
Median household income is $59,390 in Miami and $56,395 in Fayetteville. Median household income is $2,995/year higher in Miami.
How do taxes compare between Florida and North Carolina?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. North Carolina has 4.5% income tax, 4.75% sales tax, and 0.8% property tax.
Should I move to Miami or Fayetteville?
It depends on your priorities. Miami has a cost index of 129 with median rent of $1,657/mo, while Fayetteville has a cost index of 73 with rent of $1,179/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Miami details → View Fayetteville details →

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