Cost of Living: Miami, FL vs Syracuse, NY (2026)

Miami

Florida
129
VS

Syracuse

New York
59

Miami is 119% more expensive than Syracuse.

$1,657/mo ↑ 66%
Median Rent
$998/mo ↓ 40%
$59,390/yr ↑ 30%
Median Income
$45,845/yr ↓ 23%
$475,200 ↑ 280%
Home Value
$125,100 ↓ 74%
$1,666/mo ↑ 70%
Owner Costs
$980/mo ↓ 41%
446,663
Population
146,211

Tax Comparison

0%
Income Tax
10.9%
6.0%
State Sales Tax
4.0%
0.86%
Property Tax
1.62%

Affordability

33.5%
rent-to-income
Affordability
26.1%
rent-to-income

Detailed Comparison

When comparing Miami, FL and Syracuse, NY, the overall cost of living indices are 129 and 59 respectively (national median = 100). Rent is $659/month cheaper in Syracuse, saving renters about $7,908/year.

Median household income is $13,545/year higher in Miami. Home values also differ significantly — the median in Miami is $475,200 compared to $125,100 in Syracuse.

Florida has no state income tax, giving Miami residents a significant tax advantage over New York's 10.9% rate.

Frequently Asked Questions

Miami vs Syracuse — common questions

Is Miami or Syracuse cheaper to live in?
Based on our cost index, Syracuse is cheaper to live in with an index of 59 compared to 129 (US average = 100).
What is the rent difference between Miami and Syracuse?
Median rent in Miami is $1,657/month and in Syracuse it's $998/month — a difference of $659/month.
Which city has higher income, Miami or Syracuse?
Median household income is $59,390 in Miami and $45,845 in Syracuse. Median household income is $13,545/year higher in Miami.
How do taxes compare between Florida and New York?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. New York has 10.9% income tax, 4.0% sales tax, and 1.62% property tax.
Should I move to Miami or Syracuse?
It depends on your priorities. Miami has a cost index of 129 with median rent of $1,657/mo, while Syracuse has a cost index of 59 with rent of $998/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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