Quick answer
Overall prices in the Los Angeles, CA metro were 113.6 vs 114.2 in Miami, FL in 2024 (US = 100), so Los Angeles is 0.5% less expensive than Miami; housing rents differ by 10% (170.4 vs 155.6). A $75,000 income in Los Angeles buys about what $75,389 buys in Miami, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Los Angeles | Miami | Los Angeles vs Miami |
|---|---|---|---|
| All items | 113.6 | 114.2 | -0.5% |
| Goods | 106.6 | 103.6 | +3.0% |
| Housing (rents) | 170.4 | 155.6 | +9.6% |
| Utilities | 158.6 | 97.2 | +63.1% |
| Other services | 104.4 | 109.1 | -4.4% |
| All items, 2008 | 113.3 | 106.5 | +6.4% |
| $50,000 in Los Angeles equals in Miami | $50,259 | ||
| $100,000 in Los Angeles equals in Miami | $100,519 | ||
| $150,000 in Los Angeles equals in Miami | $150,778 |
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Last updated 2026-10-16. Data only, not financial or tax advice.