Side-by-side comparison

Miami vs Raleigh

Cost of living comparison for Miami, Florida and Raleigh, North Carolina.

Bottom line

Raleigh is approximately 2% more expensive than Miami. A single person needs about $3,827/mo in Raleigh versus $3,762/mo in Miami.

Rent in Miami vs Raleigh

HUD Fair Market Rents by bedroom count.

Miami · Studio

$1,711

Raleigh · Studio

$1,533

Miami is $178 (12%) higher than Raleigh

Miami · 1 bedroom

$1,898

Raleigh · 1 bedroom

$1,592

Miami is $306 (19%) higher than Raleigh

Miami · 2 bedroom

$2,329

Raleigh · 2 bedroom

$1,763

Miami is $566 (32%) higher than Raleigh

Miami · 3 bedroom

$3,008

Raleigh · 3 bedroom

$2,192

Miami is $816 (37%) higher than Raleigh

Income & earnings in Miami vs Raleigh

Annual figures from Census ACS.

Miami · Household income

$68,694

Raleigh · Household income

$101,763

Raleigh is $33,069 (48%) higher than Miami

Miami · Individual earnings

$38,213

Raleigh · Individual earnings

$54,712

Raleigh is $16,499 (43%) higher than Miami

Miami · Per capita

$37,858

Raleigh · Per capita

$52,949

Raleigh is $15,091 (40%) higher than Miami

Home values in Miami vs Raleigh

Average values and property tax.

Miami · Average home value

$425,400

Raleigh · Average home value

$422,800

Miami is $2,600 (1%) higher than Raleigh

Miami · Annual property tax

$3,516

Raleigh · Annual property tax

$3,023

Miami is $493 (16%) higher than Raleigh

Energy in Miami vs Raleigh

Estimated monthly electricity and gas.

Miami · Monthly electricity

$176

Raleigh · Monthly electricity

$147

Miami is $29 (20%) higher than Raleigh

Miami · Monthly gas

$21

Raleigh · Monthly gas

$40

Raleigh is $19 (90%) higher than Miami

Miami · Annual total

$2,364

Raleigh · Annual total

$2,244

Miami is $120 (5%) higher than Raleigh

Healthcare in Miami vs Raleigh

Marketplace premium estimates and coverage rate.

Miami · Individual premium

$480

Raleigh · Individual premium

$480

Miami and Raleigh are about the same

Miami · Family premium

$1,350

Raleigh · Family premium

$1,350

Miami and Raleigh are about the same

Miami · Uninsured rate

14.3%

Raleigh · Uninsured rate

8.2%

Miami is 6.1% (74%) higher than Raleigh

Taxes in Miami vs Raleigh

State income and sales tax.

Miami · State income tax

0.0%

Raleigh · State income tax

4.5%

Raleigh is 4.5% higher than Miami

Miami · State sales tax

6.0%

Raleigh · State sales tax

4.8%

Miami is 1.3% (26%) higher than Raleigh

Miami · Combined sales tax

7.0%

Raleigh · Combined sales tax

7.0%

Miami is 0.0% (0%) higher than Raleigh

Transportation in Miami vs Raleigh

Commute time and travel modes.

Miami · Average commute

31.0 min

Raleigh · Average commute

25.3 min

Miami is 5.7 min (23%) higher than Raleigh

Miami · Drive alone

70.7%

Raleigh · Drive alone

64.4%

Miami is 6.3% (10%) higher than Raleigh

Miami · Public transit

3.3%

Raleigh · Public transit

0.7%

Miami is 2.6% (371%) higher than Raleigh

Monthly cost estimates in Miami vs Raleigh

All categories combined.

Miami · Single person

$3,762

Raleigh · Single person

$3,827

Raleigh is $65 (2%) higher than Miami

Miami · Couple

$5,291

Raleigh · Couple

$5,526

Raleigh is $235 (4%) higher than Miami

Miami · Family

$8,128

Raleigh · Family

$8,087

Miami is $41 (1%) higher than Raleigh

Frequently asked questions

Common questions comparing Miami and Raleigh.

Is Miami or Raleigh more expensive?

Raleigh is more expensive overall. A single person needs approximately $3,762/mo in Miami, Florida and $3,827/mo in Raleigh, North Carolina, a difference of about 2%.

What is the rent difference between Miami and Raleigh?

Average one-bedroom rent in Miami, Florida is $1,898/mo versus $1,592/mo in Raleigh, North Carolina. Miami is approximately $306 (19%) more expensive for a one-bedroom apartment.

Which has higher income, Miami or Raleigh?

Raleigh has the higher average household income. Miami households earn approximately $68,694 per year; Raleigh households earn approximately $101,763 per year.

More on Miami and Raleigh

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

Miami profile Raleigh profile Compare different areas

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.