๐Ÿ“Š Cost of Living Comparison

Miami vs Salt Lake City

Side-by-side cost of living comparison for 2026

Miami

Florida
127
Expensive
$450,000
Median Home
$2,200/mo
Median Rent
$44,268
Median Income

Salt Lake City

Utah
107
Above Average
$440,000
Median Home
$1,500/mo
Median Rent
$60,590
Median Income

๐Ÿ’ก The Verdict

16% cheaper
Salt Lake City is 16% more affordable than Miami. A $75,000 salary in Miami is equivalent to $63,189 in Salt Lake City.

Category-by-Category Breakdown

Index values shown. National average = 100. Lower is cheaper.

Housing
172
Miami
120
Salt Lake Ci
Groceries
108
Miami
99
Salt Lake Ci
Utilities
98
Miami
88
Salt Lake Ci
Transportation
109
Miami
102
Salt Lake Ci
Healthcare
99
Miami
97
Salt Lake Ci

๐Ÿ’ฐ Salary Equivalence

To maintain the same standard of living:

$63,189
$75K in Miami โ†’ Salt Lake City
$89,019
$75K in Salt Lake City โ†’ Miami

See exact take-home pay: Florida salaries ยท Utah salaries

Living in Miami vs Salt Lake City

Housing is typically the biggest factor in any cost-of-living comparison. Miami has a housing index of 172 while Salt Lake City sits at 120 (national average = 100). The median home in Miami costs $450,000 compared to $440,000 in Salt Lake City, a difference of $10,000. Monthly rent follows a similar pattern: $2,200 in Miami versus $1,500 in Salt Lake City.

Groceries and everyday expenses show a notable difference: Miami scores 108 while Salt Lake City scores 99.

Healthcare costs in Miami (99) are higher than Salt Lake City (97). Both are close to the national average.

Median household income in Miami is $44,268 compared to $60,590 in Salt Lake City. When adjusted for cost of living, income goes further in Salt Lake City.

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