Quick answer
Overall prices in the Washington, DC metro were 108.9 vs 114.2 in Miami, FL in 2024 (US = 100), so Washington is 4.6% less expensive than Miami; housing rents differ by 3% (151.1 vs 155.6). A $75,000 income in Washington buys about what $78,631 buys in Miami, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Washington | Miami | Washington vs Miami |
|---|---|---|---|
| All items | 108.9 | 114.2 | -4.6% |
| Goods | 104.8 | 103.6 | +1.2% |
| Housing (rents) | 151.1 | 155.6 | -2.8% |
| Utilities | 106.7 | 97.2 | +9.7% |
| Other services | 102.3 | 109.1 | -6.2% |
| All items, 2008 | 114.8 | 106.5 | +7.8% |
| $50,000 in Washington equals in Miami | $52,420 | ||
| $100,000 in Washington equals in Miami | $104,841 | ||
| $150,000 in Washington equals in Miami | $157,261 |
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Last updated 2026-10-16. Data only, not financial or tax advice.