Philadelphia, PA vs Miami, FL: 85 vs 129

$1,323/mo ↓ 20%

Median Rent

$1,657/mo ↑ 25%

$60,698/yr ↑ 2%

Median Income

$59,390/yr ↓ 2%

$232,400 ↓ 51%

Home Value

$475,200 ↑ 104%

$1,233/mo ↓ 26%

Owner Costs

$1,666/mo ↑ 35%

1,582,432

Population

446,663

Detailed Comparison

When comparing Philadelphia, PA and Miami, FL, the overall cost of living indices are 85 and 129 respectively (national median = 100). Rent is $334/month cheaper in Philadelphia, saving renters about $4,008/year.

Median household income is $1,308/year higher in Philadelphia. Home values also differ significantly — the median in Philadelphia is $232,400 compared to $475,200 in Miami.

Florida has no state income tax, giving Miami residents a significant tax advantage over Pennsylvania's 3.07% rate.

Frequently Asked Questions

Philadelphia vs Miami — common questions

Is Philadelphia or Miami cheaper to live in?

Based on our cost index, Philadelphia is cheaper to live in with an index of 85 compared to 129 (US average = 100).

What is the rent difference between Philadelphia and Miami?

Median rent in Philadelphia is $1,323/month and in Miami it's $1,657/month — a difference of $334/month.

Which city has higher income, Philadelphia or Miami?

Median household income is $60,698 in Philadelphia and $59,390 in Miami. Median household income is $1,308/year higher in Philadelphia.

How do taxes compare between Pennsylvania and Florida?

Pennsylvania has 3.07% income tax, 6.0% sales tax, and 1.49% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.

Should I move to Philadelphia or Miami?

It depends on your priorities. Philadelphia has a cost index of 85 with median rent of $1,323/mo, while Miami has a cost index of 129 with rent of $1,657/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Philadelphia, PA vs Miami, FL (2026)

Philadelphia

Miami

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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