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Miami vs Jacksonville

Miami, FL  ·  Jacksonville, FL

⚖️

Jacksonville is 27% cheaper than Miami overall.

Home Price

Miami: $620,000

Jacksonville: $310,000

Monthly Rent

Miami: $1,951/mo

Jacksonville: $1,098/mo

COL Index

Miami: 131

Jacksonville: 96

Median Income

Miami: $65,000

Jacksonville: $61,400

Side-by-Side Comparison

Metric
Miami
Jacksonville
Winner
🏠

Median Home Price

$620,000
$310,000
Jacksonville
🏢

Monthly Rent (Median)

$1,951/mo
$1,098/mo
Jacksonville
💰

Median Household Income

$65,000
$61,400
Miami
📋

Property Tax Rate

0.91%
0.91%
Tied
📊

Cost of Living Index

100 = national average

131
96
Jacksonville
🚗

Avg. Commute

30 min
27 min
Jacksonville
📈

Unemployment Rate

3.5%
3.3%
Jacksonville
👥

Median Age

40.9 yrs
37.2 yrs
Miami

What This Means For You

💵

Buying Power

A $100,000 salary in Miami has the same purchasing power as $73,282 in Jacksonville — based on each city's cost of living index.

🏠

Housing

Homes in Jacksonville cost 50% more (-$310,000 extra). Expect a larger mortgage and down payment.

🏢

Renting

Renting in Jacksonville saves you $853/month — $10,236 per year. Median rent: $1,951/mo in Miami vs $1,098/mo in Jacksonville.

📋

Property Taxes

On a median-priced home, Miami owners pay roughly $5,642/year in property taxes vs $2,821/year in Jacksonville. Rates are comparable.

💼

Local Earnings

Median household income is $65,000 in Miami and $61,400 in Jacksonville. Jacksonville residents earn 6% more — but remember to factor in cost of living.

🚗

Daily Commute

Average commute is 30 minutes in Miami vs 27 minutes in Jacksonville. Commute times are nearly identical.

Salary Equivalence

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

Salary in MiamiEquivalent in JacksonvilleDifference
$50,000$36,641-$13,359
$75,000$54,962-$20,038
$100,000$73,282-$26,718
$150,000$109,924-$40,076
$200,000$146,565-$53,435

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

Run the Numbers

Related Comparisons

Miami vs Jacksonville: Common Questions

Is Miami or Jacksonville cheaper to live in?

Based on cost of living indices, Jacksonville is cheaper overall. Miami has a COL index of 131 while Jacksonville scores 96 (national average = 100).

How do home prices compare between Miami and Jacksonville?

The median home price in Miami is $620,000 vs $310,000 in Jacksonville — a difference of $310,000 (50%).

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

Use the salary equivalence table above. For example, a $100K salary in Miami is equivalent to $73,282 in Jacksonville in terms of purchasing power.

Which city has lower property taxes?

Jacksonville has a lower property tax rate (0.91% vs 0.91%). On a median-priced home, that means paying $2,821/year vs $5,642/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.