Quick answer
Prices in Miami-Fort Lauderdale-West Palm Beach, FL were 14.2% above the US average in 2024 (Regional Price Parity 114.2, US = 100), with a housing-rent index of 155.6, per the U.S. Bureau of Economic Analysis.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities (2024)
| Category | Price index (US = 100) |
|---|---|
| All items | 114.155 |
| Goods | 103.556 |
| Housing (rents) | 155.551 |
| Utilities | 97.235 |
| Other services | 109.113 |
| — All items by year — | |
| 2024 | 114.155 |
| 2023 | 112.088 |
| 2022 | 111.923 |
| 2021 | 110.014 |
| 2020 | 109.507 |
| 2019 | 108.553 |
Related
- Cost of living: Miami, FL vs Tampa, FL (2024)
- Cost of living: Miami, FL vs Virginia Beach, VA (2024)
- Cost of living: Washington, DC vs Miami, FL (2024)
- Cost of living in Michigan vs US average (2024)
- Cost of living in Michigan City-La Porte, IN vs US average (2024)
- Cost of living in Midland, MI vs US average (2024)
- Cost of living in Midland, TX vs US average (2024)
- Cost of living in Milwaukee-Waukesha, WI vs US average (2024)
Last updated 2026-10-16. Data only, not financial or tax advice.