Cost of Living: Miami, FL vs Savannah, GA (2026)

Miami

Florida
129
VS

Savannah

Georgia
84

Miami is 54% more expensive than Savannah.

$1,657/mo ↑ 27%
Median Rent
$1,302/mo ↓ 21%
$59,390/yr ↑ 5%
Median Income
$56,782/yr ↓ 4%
$475,200 ↑ 111%
Home Value
$225,200 ↓ 53%
$1,666/mo ↑ 33%
Owner Costs
$1,257/mo ↓ 25%
446,663
Population
147,546

Tax Comparison

0%
Income Tax
5.49%
6.0%
State Sales Tax
4.0%
0.86%
Property Tax
0.92%

Affordability

33.5%
rent-to-income
Affordability
27.5%
rent-to-income

Detailed Comparison

When comparing Miami, FL and Savannah, GA, the overall cost of living indices are 129 and 84 respectively (national median = 100). Rent is $355/month cheaper in Savannah, saving renters about $4,260/year.

Median household income is $2,608/year higher in Miami. Home values also differ significantly — the median in Miami is $475,200 compared to $225,200 in Savannah.

Florida has no state income tax, giving Miami residents a significant tax advantage over Georgia's 5.49% rate.

Frequently Asked Questions

Miami vs Savannah — common questions

Is Miami or Savannah cheaper to live in?
Based on our cost index, Savannah is cheaper to live in with an index of 84 compared to 129 (US average = 100).
What is the rent difference between Miami and Savannah?
Median rent in Miami is $1,657/month and in Savannah it's $1,302/month — a difference of $355/month.
Which city has higher income, Miami or Savannah?
Median household income is $59,390 in Miami and $56,782 in Savannah. Median household income is $2,608/year higher in Miami.
How do taxes compare between Florida and Georgia?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Georgia has 5.49% income tax, 4.0% sales tax, and 0.92% property tax.
Should I move to Miami or Savannah?
It depends on your priorities. Miami has a cost index of 129 with median rent of $1,657/mo, while Savannah has a cost index of 84 with rent of $1,302/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Miami details → View Savannah details →

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