Cost of living · head to head
Phoenix, AZ is 10% cheaper than Miami, FL.
Based on overall price levels from the US Bureau of Economic Analysis. 100 equals the national average.
Miami, FLoverall index
114.2
Phoenix, AZoverall index
103.3
Try your own salary
in Miami, FL
To live the same in Phoenix, AZ, you’d need about $90,455.
That’s about $9,545 less — Phoenix, AZ is cheaper.
Where the difference lies
The headline gap is 10%, but housing is where it really shows. Housing in Phoenix, AZ runs 22% lower than in Miami, FL (121.2 vs 155.6), while everyday goods and services sit closer together. For most people the rent or mortgage line moves the most when relocating between these two metros, so weigh that gap more heavily than the overall figure.
Salary you’d need in Phoenix, AZ
| $50,000 in Miami, FL | $45,228 |
| $75,000 in Miami, FL | $67,842 |
| $100,000 in Miami, FL | $90,455 |
| $150,000 in Miami, FL | $135,683 |
| $200,000 in Miami, FL | $180,911 |
Each row shows the salary in Phoenix, AZ that buys the same standard of living as the amount earned in Miami, FL.
Miami, FL · housing
155.6
Phoenix, AZ · housing
121.2
Common questions
Is Phoenix, AZ cheaper than Miami, FL?
Yes — Phoenix, AZ has an overall cost-of-living index of 103.3 versus 114.2 for Miami, FL, making it about 10% cheaper.
How much do you need to earn in Phoenix, AZ to match $100,000 in Miami, FL?
About $90,455. To keep the same standard of living, salaries scale with local prices, so a $100,000 lifestyle in Miami, FL costs roughly $90,455 in Phoenix, AZ.
Is housing cheaper in Phoenix, AZ than in Miami, FL?
Housing in Phoenix, AZ scores 121.2 versus 155.6 in Miami, FL — about 22% cheaper. Housing is usually the biggest driver of the overall gap.
What is the cost of living difference between Miami, FL and Phoenix, AZ?
Overall, Phoenix, AZ is about 10% cheaper than Miami, FL (index 103.3 vs 114.2), with housing 22% lower. Data is from the US Bureau of Economic Analysis, 2024.