Quick answer
Overall prices in the Miami, FL metro were 114.2 vs 108.3 in Boston, MA in 2024 (US = 100), so Miami is 5.4% more expensive than Boston; housing rents differ by 5% (155.6 vs 148.4). A $75,000 income in Miami buys about what $71,131 buys in Boston, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Miami | Boston | Miami vs Boston |
|---|---|---|---|
| All items | 114.2 | 108.3 | +5.4% |
| Goods | 103.6 | 99.7 | +3.9% |
| Housing (rents) | 155.6 | 148.4 | +4.8% |
| Utilities | 97.2 | 148.8 | -34.6% |
| Other services | 109.1 | 103.6 | +5.3% |
| All items, 2008 | 106.5 | 107.7 | -1.1% |
| $50,000 in Miami equals in Boston | $47,421 | ||
| $100,000 in Miami equals in Boston | $94,841 | ||
| $150,000 in Miami equals in Boston | $142,262 |
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Last updated 2026-10-16. Data only, not financial or tax advice.