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

Quick answer

Overall prices in the Miami, FL metro were 114.2 vs 115.6 in San Francisco, CA in 2024 (US = 100), so Miami is 1.3% less expensive than San Francisco; housing rents differ by 20% (155.6 vs 194.7). A $75,000 income in Miami buys about what $75,958 buys in San Francisco, 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)MiamiSan FranciscoMiami vs San Francisco
All items114.2115.6-1.3%
Goods103.6108.5-4.5%
Housing (rents)155.6194.7-20.1%
Utilities97.2172.6-43.7%
Other services109.1106.2+2.7%
All items, 2008106.5119.1-10.6%
$50,000 in Miami equals in San Francisco$50,639
$100,000 in Miami equals in San Francisco$101,277
$150,000 in Miami equals in San Francisco$151,916

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

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