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Houston vs Miami

Houston, TX  ·  Miami, FL

⚖️

Houston is 30% cheaper than Miami overall.

Home Price

Houston: $320,000

Miami: $620,000

Monthly Rent

Houston: $1,262/mo

Miami: $1,951/mo

COL Index

Houston: 101

Miami: 131

Median Income

Houston: $67,800

Miami: $65,000

Side-by-Side Comparison

Metric
Houston
Miami
Winner
🏠

Median Home Price

$320,000
$620,000
Houston
🏢

Monthly Rent (Median)

$1,262/mo
$1,951/mo
Houston
💰

Median Household Income

$67,800
$65,000
Houston
📋

Property Tax Rate

1.9%
0.91%
Miami
📊

Cost of Living Index

100 = national average

101
131
Houston
🚗

Avg. Commute

29 min
30 min
Houston
📈

Unemployment Rate

4.2%
3.5%
Miami
👥

Median Age

34.5 yrs
40.9 yrs
Miami

What This Means For You

💵

Buying Power

A $100,000 salary in Houston has the same purchasing power as $129,703 in Miami — based on each city's cost of living index.

🏠

Housing

Homes in Miami are 94% cheaper (-$300,000 less). That's a significant down payment and monthly payment difference.

🏢

Renting

Renting in Houston saves you $689/month — $8,268 per year. Median rent: $1,262/mo in Houston vs $1,951/mo in Miami.

📋

Property Taxes

On a median-priced home, Houston owners pay roughly $6,080/year in property taxes vs $5,642/year in Miami. That's a $438 annual difference.

💼

Local Earnings

Median household income is $67,800 in Houston and $65,000 in Miami. Incomes are similar, so cost of living differences matter more.

🚗

Daily Commute

Average commute is 29 minutes in Houston vs 30 minutes in Miami. Commute times are nearly identical.

Salary Equivalence

To maintain the same lifestyle when moving from Houston to Miami, here's the salary you'd need:

Salary in HoustonEquivalent in MiamiDifference
$50,000$64,851+$14,851
$75,000$97,277+$22,277
$100,000$129,703+$29,703
$150,000$194,554+$44,554
$200,000$259,406+$59,406

* Calculated using cost of living indices (national average = 100). Does not account for state income tax differences.

Run the Numbers

Related Comparisons

Houston vs Miami: Common Questions

Is Houston or Miami cheaper to live in?

Based on cost of living indices, Houston is cheaper overall. Houston has a COL index of 101 while Miami scores 131 (national average = 100).

How do home prices compare between Houston and Miami?

The median home price in Houston is $320,000 vs $620,000 in Miami — a difference of $300,000 (94%).

What salary do I need in Miami to match my Houston income?

Use the salary equivalence table above. For example, a $100K salary in Houston is equivalent to $129,703 in Miami in terms of purchasing power.

Which city has lower property taxes?

Miami has a lower property tax rate (0.91% vs 1.9%). On a median-priced home, that means paying $5,642/year vs $6,080/year.

Cost of living data sourced from Council for Community and Economic Research (C2ER) Cost of Living Index, U.S. Census Bureau American Community Survey, and Zillow Research. Tax rates from Tax Foundation and state revenue agencies. Last updated: March 2025.