Quick answer
Overall prices in the Houston, TX metro were 98.6 vs 114.2 in Miami, FL in 2024 (US = 100), so Houston is 13.6% less expensive than Miami; housing rents differ by 33% (104.5 vs 155.6). A $75,000 income in Houston buys about what $86,806 buys in Miami, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Houston | Miami | Houston vs Miami |
|---|---|---|---|
| All items | 98.6 | 114.2 | -13.6% |
| Goods | 100.6 | 103.6 | -2.8% |
| Housing (rents) | 104.5 | 155.6 | -32.8% |
| Utilities | 95.3 | 97.2 | -2.0% |
| Other services | 95.6 | 109.1 | -12.4% |
| All items, 2008 | 99.4 | 106.5 | -6.6% |
| $50,000 in Houston equals in Miami | $57,871 | ||
| $100,000 in Houston equals in Miami | $115,742 | ||
| $150,000 in Houston equals in Miami | $173,613 |
Related
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- Cost of living: Houston, TX vs Louisville/Jefferson County, KY (2024)
- Cost of living: Houston, TX vs Memphis, TN (2024)
- Cost of living: Houston, TX vs Milwaukee, WI (2024)
- Cost of living: Houston, TX vs Minneapolis, MN (2024)
- Cost of living: Houston, TX vs Nashville, TN (2024)
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- Cost of living: New York, NY vs Houston, TX (2024)
Last updated 2026-10-16. Data only, not financial or tax advice.