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Cost of living: Miami, FL vs Sacramento, CA (2024)

Quick answer

Overall prices in the Miami, FL metro were 114.2 vs 106.7 in Sacramento, CA in 2024 (US = 100), so Miami is 7.0% more expensive than Sacramento; housing rents differ by 19% (155.6 vs 130.2). A $75,000 income in Miami buys about what $70,082 buys in Sacramento, per BEA.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)MiamiSacramentoMiami vs Sacramento
All items114.2106.7+7.0%
Goods103.6105.2-1.5%
Housing (rents)155.6130.2+19.4%
Utilities97.2151.3-35.7%
Other services109.1100.3+8.8%
All items, 2008106.5101.3+5.1%
$50,000 in Miami equals in Sacramento$46,722
$100,000 in Miami equals in Sacramento$93,443
$150,000 in Miami equals in Sacramento$140,165

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Last updated 2026-10-16. Data only, not financial or tax advice.

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