Austin, TX vs Miami, FL: Cost of Living
Compare the cost of living between Austin, TX and Miami, FL. See the equivalent salary and median rent powered by BLS Regional Price Parities.
Austin, TX
TX
- Overall RPP (US=100)
- 98.8
- Housing RPP
- 126.4
- Goods RPP
- 93.6
- 2-BR median rent
- $1,924/mo
Texas has no state income tax. Property taxes ~2% effective rate.
Miami, FL
FL
- Overall RPP (US=100)
- 111.5
- Housing RPP
- 147.3
- Goods RPP
- 104.7
- 2-BR median rent
- $2,324/mo
Florida has no state income tax. Very attractive vs. high-tax states.
Equivalent salary
Miami, FL is more expensive than Austin, TX by about 12.9% (RPP 98.8 to 111.5).
$60,000 in Austin, TX
-> $67,713
in Miami, FL
$100,000 in Austin, TX
-> $112,854
in Miami, FL
$150,000 in Austin, TX
-> $169,281
in Miami, FL
This tool provides estimates only. Equivalent-salary figures are derived from BLS Regional Price Parities (RPP) and HUD Fair Market Rents — they are averages, not guarantees. Actual cost of living varies by neighborhood, lifestyle, and individual circumstances. Not financial advice.
Frequently asked questions
- Is Miami, FL cheaper or more expensive than Austin, TX?
- Miami, FL (RPP 111.5) is more expensive than Austin, TX (RPP 98.8) by about 12.9%.
- What salary do I need in Miami, FL if I earn $100,000 in Austin, TX?
- You would need approximately $112,854 in Miami, FL to maintain the same purchasing power as $100,000 in Austin, TX. Formula: $100,000 x (111.5 / 98.8).