Los Angeles, CA vs Miami, FL: cost of living compared
Price levels from BEA (2024); rent and home values from Zillow (September 2026).
The short answer
- Overall, living costs in Miami, FL and Los Angeles, CA are within 1% of each other (BEA, 2024).
- To keep the same standard of living, $75,000 in Los Angeles works out to about $75,400 in Miami, before taxes.
- Housing is 8.7% lower in Miami, goods 2.9% lower and other services 4.6% higher, which roughly cancel out.
- Utility prices (electricity, gas, water) are 38.7% lower in Miami.
- Typical asking rent is $2,654 a month in Miami and $2,929 in Los Angeles, $3,300 a year less in Miami (Zillow, September 2026).
- A typical home is valued at about $477,000 in Miami and $950,000 in Los Angeles.
- The gap has narrowed since 2019, when Miami was 2.2% less expensive than Los Angeles.
derived Calculated from BEA Regional Price Parities (2024) and Zillow data. Based on an average household's spending; taxes not included. How we calculate.
Category by category
Both cities against the US average (100). The gap in each row is what matters for a move.
Overall prices are about the same in Los Angeles and Miami
Price level by category, 2024. US average = 100.
- Los Angeles, CA
- Miami, FL
All items Los Angeles, CA: 113.6 Miami, FL: 114.2
Goods Los Angeles, CA: 106.6 Miami, FL: 103.6
Housing (rents) Los Angeles, CA: 170.4 Miami, FL: 155.6
Utilities Los Angeles, CA: 158.6 Miami, FL: 97.2
Other services Los Angeles, CA: 104.4 Miami, FL: 109.1
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Los Angeles, CA | Miami, FL | |
|---|---|---|
| All items | 113.6 | 114.2 |
| Goods | 106.6 | 103.6 |
| Housing (rents) | 170.4 | 155.6 |
| Utilities | 158.6 | 97.2 |
| Other services | 104.4 | 109.1 |
| Category | Los Angeles | Miami | Miami vs Los Angeles |
|---|---|---|---|
| All items | 113.6 | 114.2 | +0.5% |
| Goods | 106.6 | 103.6 | −2.9% |
| Housing (rents) | 170.4 | 155.6 | −8.7% |
| Utilities | 158.6 | 97.2 | −38.7% |
| Other services | 104.4 | 109.1 | +4.6% |
| Typical asking rent | $2,929 | $2,654 | −9.4% |
| Typical home value | $950,000 | $477,000 | −49.8% |
| Salary to match $75,000 in Los Angeles | $75,000 | $75,400 | +0.5% |
Index values: BEA, 2024, US = 100. Rent and home values: Data Provided by Zillow Group, September 2026.
How the gap has changed since 2008
The price gap between Los Angeles and Miami has narrowed since 2008: 6.8 points then, 0.6 now
Overall price level each year, 2008–2024. US average = 100.
- Los Angeles, CA
- Miami, FL
US average = 100
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Los Angeles, CA | Miami, FL | |
|---|---|---|
| 2008 | 113.3 | 106.5 |
| 2009 | 112.2 | 106.0 |
| 2010 | 112.5 | 105.3 |
| 2011 | 111.5 | 106.7 |
| 2012 | 112.1 | 107.5 |
| 2013 | 112.4 | 106.7 |
| 2014 | 112.2 | 105.9 |
| 2015 | 113.3 | 107.3 |
| 2016 | 111.3 | 107.9 |
| 2017 | 110.2 | 108.3 |
| 2018 | 111.0 | 109.5 |
| 2019 | 110.9 | 108.6 |
| 2020 | 113.9 | 109.5 |
| 2021 | 114.2 | 110.0 |
| 2022 | 113.3 | 111.9 |
| 2023 | 114.7 | 112.1 |
| 2024 | 113.6 | 114.2 |
Goods
- Los Angeles, CA
- Miami, FL
US = 100
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Los Angeles, CA | Miami, FL | |
|---|---|---|
| 2008 | 108.0 | 100.1 |
| 2009 | 103.1 | 97.9 |
| 2010 | 104.0 | 96.8 |
| 2011 | 105.1 | 97.9 |
| 2012 | 104.4 | 99.6 |
| 2013 | 104.4 | 101.5 |
| 2014 | 106.2 | 100.3 |
| 2015 | 108.1 | 99.6 |
| 2016 | 107.8 | 100.5 |
| 2017 | 102.5 | 103.2 |
| 2018 | 103.6 | 104.4 |
| 2019 | 105.9 | 99.8 |
| 2020 | 106.5 | 100.3 |
| 2021 | 108.9 | 105.3 |
| 2022 | 106.5 | 104.8 |
| 2023 | 107.1 | 101.8 |
| 2024 | 106.6 | 103.6 |
Housing (rents)
- Los Angeles, CA
- Miami, FL
US = 100
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Los Angeles, CA | Miami, FL | |
|---|---|---|
| 2008 | 183.8 | 147.0 |
| 2009 | 183.2 | 138.6 |
| 2010 | 180.0 | 138.1 |
| 2011 | 178.3 | 138.5 |
| 2012 | 178.4 | 140.7 |
| 2013 | 176.7 | 137.7 |
| 2014 | 178.5 | 138.9 |
| 2015 | 177.2 | 143.6 |
| 2016 | 178.5 | 141.3 |
| 2017 | 178.4 | 142.1 |
| 2018 | 180.5 | 142.2 |
| 2019 | 183.4 | 143.8 |
| 2020 | 183.6 | 144.0 |
| 2021 | 181.5 | 143.7 |
| 2022 | 176.9 | 147.2 |
| 2023 | 173.0 | 156.6 |
| 2024 | 170.4 | 155.6 |
Utilities
- Los Angeles, CA
- Miami, FL
US = 100
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Los Angeles, CA | Miami, FL | |
|---|---|---|
| 2008 | 118.2 | 104.6 |
| 2009 | 119.5 | 109.0 |
| 2010 | 119.3 | 98.8 |
| 2011 | 114.5 | 100.6 |
| 2012 | 116.2 | 98.3 |
| 2013 | 117.9 | 97.7 |
| 2014 | 127.7 | 96.9 |
| 2015 | 125.1 | 94.0 |
| 2016 | 125.2 | 93.5 |
| 2017 | 127.1 | 86.3 |
| 2018 | 107.9 | 95.3 |
| 2019 | 112.9 | 103.1 |
| 2020 | 117.6 | 96.2 |
| 2021 | 132.3 | 97.0 |
| 2022 | 149.1 | 106.4 |
| 2023 | 140.7 | 98.0 |
| 2024 | 158.6 | 97.2 |
Other services
- Los Angeles, CA
- Miami, FL
US = 100
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Los Angeles, CA | Miami, FL | |
|---|---|---|
| 2008 | 101.9 | 98.6 |
| 2009 | 102.0 | 100.7 |
| 2010 | 102.5 | 101.0 |
| 2011 | 101.1 | 102.9 |
| 2012 | 102.6 | 103.1 |
| 2013 | 103.2 | 101.1 |
| 2014 | 101.8 | 100.3 |
| 2015 | 103.0 | 102.7 |
| 2016 | 99.9 | 103.8 |
| 2017 | 100.8 | 103.0 |
| 2018 | 101.8 | 104.0 |
| 2019 | 100.0 | 104.6 |
| 2020 | 102.7 | 105.6 |
| 2021 | 102.9 | 103.9 |
| 2022 | 103.7 | 106.7 |
| 2023 | 106.1 | 106.7 |
| 2024 | 104.4 | 109.1 |
Rent and home values
Typical asking rent: $2,654 in Miami vs $2,929 in Los Angeles
Typical asking rent for a new lease, dollars per month. Quarterly.
- Los Angeles, CA
- Miami, FL
- United States
Source: Zillow Observed Rent Index (typical asking rent, all homes, smoothed), through September 2026. Data Provided by Zillow Group.
Show the numbers
| Los Angeles, CA | Miami, FL | United States | |
|---|---|---|---|
| Mar 2015 | $1,768 | $1,463 | $1,145 |
| Jun 2015 | $1,809 | $1,486 | $1,170 |
| Sep 2015 | $1,843 | $1,513 | $1,181 |
| Dec 2015 | $1,858 | $1,532 | $1,182 |
| Mar 2016 | $1,888 | $1,539 | $1,195 |
| Jun 2016 | $1,925 | $1,542 | $1,219 |
| Sep 2016 | $1,948 | $1,551 | $1,225 |
| Dec 2016 | $1,955 | $1,555 | $1,222 |
| Mar 2017 | $2,007 | $1,572 | $1,245 |
| Jun 2017 | $2,042 | $1,579 | $1,270 |
| Sep 2017 | $2,062 | $1,598 | $1,276 |
| Dec 2017 | $2,071 | $1,605 | $1,275 |
| Mar 2018 | $2,104 | $1,613 | $1,296 |
| Jun 2018 | $2,132 | $1,626 | $1,320 |
| Sep 2018 | $2,155 | $1,643 | $1,327 |
| Dec 2018 | $2,171 | $1,661 | $1,329 |
| Mar 2019 | $2,190 | $1,659 | $1,349 |
| Jun 2019 | $2,222 | $1,671 | $1,376 |
| Sep 2019 | $2,239 | $1,686 | $1,383 |
| Dec 2019 | $2,246 | $1,712 | $1,381 |
| Mar 2020 | $2,260 | $1,717 | $1,402 |
| Jun 2020 | $2,236 | $1,702 | $1,406 |
| Sep 2020 | $2,236 | $1,717 | $1,410 |
| Dec 2020 | $2,238 | $1,763 | $1,407 |
| Mar 2021 | $2,275 | $1,829 | $1,443 |
| Jun 2021 | $2,338 | $1,948 | $1,512 |
| Sep 2021 | $2,468 | $2,130 | $1,590 |
| Dec 2021 | $2,523 | $2,258 | $1,622 |
| Mar 2022 | $2,591 | $2,366 | $1,661 |
| Jun 2022 | $2,668 | $2,473 | $1,721 |
| Sep 2022 | $2,706 | $2,507 | $1,748 |
| Dec 2022 | $2,689 | $2,519 | $1,735 |
| Mar 2023 | $2,706 | $2,526 | $1,757 |
| Jun 2023 | $2,733 | $2,540 | $1,785 |
| Sep 2023 | $2,759 | $2,551 | $1,797 |
| Dec 2023 | $2,742 | $2,555 | $1,786 |
| Mar 2024 | $2,766 | $2,569 | $1,807 |
| Jun 2024 | $2,796 | $2,581 | $1,837 |
| Sep 2024 | $2,819 | $2,594 | $1,845 |
| Dec 2024 | $2,805 | $2,595 | $1,836 |
| Mar 2025 | $2,865 | $2,606 | $1,860 |
| Jun 2025 | $2,871 | $2,608 | $1,880 |
| Sep 2025 | $2,878 | $2,606 | $1,881 |
| Dec 2025 | $2,866 | $2,608 | $1,873 |
| Mar 2026 | $2,890 | $2,622 | $1,894 |
| Jun 2026 | $2,916 | $2,637 | $1,921 |
| Sep 2026 | $2,929 | $2,654 | $1,932 |
Typical home value: $477,000 in Miami vs $950,000 in Los Angeles
Typical home value, dollars. Quarterly.
- Los Angeles, CA
- Miami, FL
- United States
Source: Zillow Home Value Index (typical home value, middle tier, smoothed, seasonally adjusted), through September 2026. Data Provided by Zillow Group.
Show the numbers
| Los Angeles, CA | Miami, FL | United States | |
|---|---|---|---|
| Mar 2015 | $507K | $219K | $189K |
| Jun 2015 | $509K | $224K | $192K |
| Sep 2015 | $505K | $230K | $195K |
| Dec 2015 | $495K | $236K | $199K |
| Mar 2016 | $518K | $241K | $202K |
| Jun 2016 | $538K | $246K | $204K |
| Sep 2016 | $528K | $251K | $206K |
| Dec 2016 | $524K | $256K | $209K |
| Mar 2017 | $557K | $261K | $213K |
| Jun 2017 | $578K | $266K | $216K |
| Sep 2017 | $579K | $271K | $219K |
| Dec 2017 | $591K | $276K | $223K |
| Mar 2018 | $613K | $281K | $227K |
| Jun 2018 | $627K | $284K | $230K |
| Sep 2018 | $644K | $289K | $234K |
| Dec 2018 | $660K | $294K | $236K |
| Mar 2019 | $643K | $297K | $239K |
| Jun 2019 | $635K | $297K | $242K |
| Sep 2019 | $645K | $298K | $244K |
| Dec 2019 | $664K | $303K | $247K |
| Mar 2020 | $669K | $310K | $252K |
| Jun 2020 | $666K | $310K | $255K |
| Sep 2020 | $682K | $314K | $260K |
| Dec 2020 | $723K | $326K | $271K |
| Mar 2021 | $741K | $338K | $282K |
| Jun 2021 | $769K | $353K | $296K |
| Sep 2021 | $797K | $370K | $306K |
| Dec 2021 | $822K | $385K | $314K |
| Mar 2022 | $864K | $412K | $330K |
| Jun 2022 | $897K | $443K | $346K |
| Sep 2022 | $890K | $456K | $348K |
| Dec 2022 | $878K | $459K | $345K |
| Mar 2023 | $849K | $461K | $343K |
| Jun 2023 | $858K | $469K | $347K |
| Sep 2023 | $896K | $479K | $352K |
| Dec 2023 | $922K | $488K | $354K |
| Mar 2024 | $918K | $494K | $357K |
| Jun 2024 | $931K | $499K | $361K |
| Sep 2024 | $947K | $499K | $361K |
| Dec 2024 | $961K | $497K | $363K |
| Mar 2025 | $954K | $493K | $364K |
| Jun 2025 | $941K | $484K | $362K |
| Sep 2025 | $938K | $476K | $362K |
| Dec 2025 | $948K | $473K | $364K |
| Mar 2026 | $951K | $474K | $366K |
| Jun 2026 | $947K | $473K | $365K |
| Sep 2026 | $950K | $477K | $366K |
More about each city
- Cost of living in Los Angeles, CA
- Cost of living in Miami, FL
- Reverse: moving from Miami to Los Angeles
Related comparisons
What this comparison leaves out
- Taxes. State and local income, sales and property taxes can change the result a lot, especially between states.
- Neighborhoods. These are metro-wide averages; a city center and its outer suburbs can differ by more than two metros do.
- Your own spending mix. The default uses an average household. Use the housing slider above if rent is a bigger share of your budget.
- Timing. BEA price levels are for 2024; Zillow figures are monthly and newer.