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Miami vs Austin

Cost of living comparison for Miami, Florida and Austin, Texas.

Bottom line

Miami is approximately 2% more expensive than Austin. A single person needs about $3,762/mo in Miami versus $3,706/mo in Austin.

Rent in Miami vs Austin

HUD Fair Market Rents by bedroom count.

Miami · Studio
$1,711
Austin · Studio
$1,549
Miami is $162 (10%) higher than Austin
Miami · 1 bedroom
$1,898
Austin · 1 bedroom
$1,650
Miami is $248 (15%) higher than Austin
Miami · 2 bedroom
$2,329
Austin · 2 bedroom
$1,949
Miami is $380 (19%) higher than Austin
Miami · 3 bedroom
$3,008
Austin · 3 bedroom
$2,484
Miami is $524 (21%) higher than Austin

Income & earnings in Miami vs Austin

Annual figures from Census ACS.

Miami · Household income
$68,694
Austin · Household income
$97,169
Austin is $28,475 (41%) higher than Miami
Miami · Individual earnings
$38,213
Austin · Individual earnings
$55,186
Austin is $16,973 (44%) higher than Miami
Miami · Per capita
$37,858
Austin · Per capita
$59,289
Austin is $21,431 (57%) higher than Miami

Home values in Miami vs Austin

Average values and property tax.

Miami · Average home value
$425,400
Austin · Average home value
$487,600
Austin is $62,200 (15%) higher than Miami
Miami · Annual property tax
$3,516
Austin · Annual property tax
$7,487
Austin is $3,971 (113%) higher than Miami

Energy in Miami vs Austin

Estimated monthly electricity and gas.

Miami · Monthly electricity
$176
Austin · Monthly electricity
$167
Miami is $9 (5%) higher than Austin
Miami · Monthly gas
$21
Austin · Monthly gas
$32
Austin is $11 (52%) higher than Miami
Miami · Annual total
$2,364
Austin · Annual total
$2,388
Austin is $24 (1%) higher than Miami

Healthcare in Miami vs Austin

Marketplace premium estimates and coverage rate.

Miami · Individual premium
$480
Austin · Individual premium
$480
Miami and Austin are about the same
Miami · Family premium
$1,350
Austin · Family premium
$1,350
Miami and Austin are about the same
Miami · Uninsured rate
14.3%
Austin · Uninsured rate
12.2%
Miami is 2.1% (17%) higher than Austin

Taxes in Miami vs Austin

State income and sales tax.

Miami · State income tax
0.0%
Austin · State income tax
0.0%
Miami and Austin are about the same
Miami · State sales tax
6.0%
Austin · State sales tax
6.3%
Austin is 0.3% (4%) higher than Miami
Miami · Combined sales tax
7.0%
Austin · Combined sales tax
8.2%
Austin is 1.2% (17%) higher than Miami

Transportation in Miami vs Austin

Commute time and travel modes.

Miami · Average commute
31.0 min
Austin · Average commute
25.4 min
Miami is 5.6 min (22%) higher than Austin
Miami · Drive alone
70.7%
Austin · Drive alone
59.7%
Miami is 11.0% (18%) higher than Austin
Miami · Public transit
3.3%
Austin · Public transit
1.7%
Miami is 1.6% (94%) higher than Austin

Monthly cost estimates in Miami vs Austin

All categories combined.

Miami · Single person
$3,762
Austin · Single person
$3,706
Miami is $56 (2%) higher than Austin
Miami · Couple
$5,291
Austin · Couple
$5,280
Miami is $11 (0%) higher than Austin
Miami · Family
$8,128
Austin · Family
$7,957
Miami is $171 (2%) higher than Austin

Frequently asked questions

Common questions comparing Miami and Austin.

Is Miami or Austin more expensive?

Miami is more expensive overall. A single person needs approximately $3,762/mo in Miami, Florida and $3,706/mo in Austin, Texas, a difference of about 2%.

What is the rent difference between Miami and Austin?

Average one-bedroom rent in Miami, Florida is $1,898/mo versus $1,650/mo in Austin, Texas. Miami is approximately $248 (15%) more expensive for a one-bedroom apartment.

Which has higher income, Miami or Austin?

Austin has the higher average household income. Miami households earn approximately $68,694 per year; Austin households earn approximately $97,169 per year.

More on Miami and Austin

Read full profiles for either area, or pick a different pair to compare.

About this data

Figures come from official U.S. government sources including the Census Bureau (ACS), HUD Fair Market Rents, and the Energy Information Administration. See our methodology for details.