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Miami vs Orlando

Miami, FL  ·  Orlando, FL

⚖️

Orlando is 21% cheaper than Miami overall.

Home Price

Miami: $620,000

Orlando: $360,000

Monthly Rent

Miami: $1,951/mo

Orlando: $1,314/mo

COL Index

Miami: 131

Orlando: 104

Median Income

Miami: $65,000

Orlando: $61,200

Side-by-Side Comparison

Metric
Miami
Orlando
Winner
🏠

Median Home Price

$620,000
$360,000
Orlando
🏢

Monthly Rent (Median)

$1,951/mo
$1,314/mo
Orlando
💰

Median Household Income

$65,000
$61,200
Miami
📋

Property Tax Rate

0.91%
0.91%
Tied
📊

Cost of Living Index

100 = national average

131
104
Orlando
🚗

Avg. Commute

30 min
29 min
Orlando
📈

Unemployment Rate

3.5%
3.3%
Orlando
👥

Median Age

40.9 yrs
36.4 yrs
Miami

What This Means For You

💵

Buying Power

A $100,000 salary in Miami has the same purchasing power as $79,389 in Orlando — based on each city's cost of living index.

🏠

Housing

Homes in Orlando cost 42% more (-$260,000 extra). Expect a larger mortgage and down payment.

🏢

Renting

Renting in Orlando saves you $637/month — $7,644 per year. Median rent: $1,951/mo in Miami vs $1,314/mo in Orlando.

📋

Property Taxes

On a median-priced home, Miami owners pay roughly $5,642/year in property taxes vs $3,276/year in Orlando. Rates are comparable.

💼

Local Earnings

Median household income is $65,000 in Miami and $61,200 in Orlando. Orlando residents earn 6% more — but remember to factor in cost of living.

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Daily Commute

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

Salary Equivalence

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

Salary in MiamiEquivalent in OrlandoDifference
$50,000$39,695-$10,305
$75,000$59,542-$15,458
$100,000$79,389-$20,611
$150,000$119,084-$30,916
$200,000$158,779-$41,221

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

Run the Numbers

Related Comparisons

Miami vs Orlando: Common Questions

Is Miami or Orlando cheaper to live in?

Based on cost of living indices, Orlando is cheaper overall. Miami has a COL index of 131 while Orlando scores 104 (national average = 100).

How do home prices compare between Miami and Orlando?

The median home price in Miami is $620,000 vs $360,000 in Orlando — a difference of $260,000 (42%).

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

Use the salary equivalence table above. For example, a $100K salary in Miami is equivalent to $79,389 in Orlando in terms of purchasing power.

Which city has lower property taxes?

Orlando has a lower property tax rate (0.91% vs 0.91%). On a median-priced home, that means paying $3,276/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.