Quick answer
Overall prices in the Miami, FL metro were 114.2 vs 95.8 in Buffalo, NY in 2024 (US = 100), so Miami is 19.1% more expensive than Buffalo; housing rents differ by 92% (155.6 vs 81.0). A $75,000 income in Miami buys about what $62,970 buys in Buffalo, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Miami | Buffalo | Miami vs Buffalo |
|---|---|---|---|
| All items | 114.2 | 95.8 | +19.1% |
| Goods | 103.6 | 99.7 | +3.9% |
| Housing (rents) | 155.6 | 81.0 | +92.1% |
| Utilities | 97.2 | 129.5 | -24.9% |
| Other services | 109.1 | 97.8 | +11.6% |
| All items, 2008 | 106.5 | 97.0 | +9.7% |
| $50,000 in Miami equals in Buffalo | $41,980 | ||
| $100,000 in Miami equals in Buffalo | $83,960 | ||
| $150,000 in Miami equals in Buffalo | $125,939 |
Related
- Cost of living: Los Angeles, CA vs Buffalo, NY (2024)
- Cost of living: Louisville/Jefferson County, KY vs Buffalo, NY (2024)
- Cost of living: Memphis, TN vs Buffalo, NY (2024)
- Cost of living: Milwaukee, WI vs Buffalo, NY (2024)
- Cost of living: Minneapolis, MN vs Buffalo, NY (2024)
- Cost of living: Nashville, TN vs Buffalo, NY (2024)
- Cost of living: Buffalo, NY vs New Orleans, LA (2024)
- Cost of living: New York, NY vs Buffalo, NY (2024)
Last updated 2026-10-16. Data only, not financial or tax advice.