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San Francisco vs Miami

San Francisco, CA  ·  Miami, FL

⚖️

Miami is 39% cheaper than San Francisco overall.

Home Price

San: $1,350,000

Miami: $620,000

Monthly Rent

San: $3,498/mo

Miami: $1,951/mo

COL Index

San: 214

Miami: 131

Median Income

San: $131,000

Miami: $65,000

Side-by-Side Comparison

Metric
San Francisco
Miami
Winner
🏠

Median Home Price

$1,350,000
$620,000
Miami
🏢

Monthly Rent (Median)

$3,498/mo
$1,951/mo
Miami
💰

Median Household Income

$131,000
$65,000
San Francisco
📋

Property Tax Rate

0.63%
0.91%
San Francisco
📊

Cost of Living Index

100 = national average

214
131
Miami
🚗

Avg. Commute

34 min
30 min
Miami
📈

Unemployment Rate

3.8%
3.5%
Miami
👥

Median Age

38.3 yrs
40.9 yrs
Miami

What This Means For You

💵

Buying Power

A $100,000 salary in San Francisco has the same purchasing power as $61,215 in Miami — based on each city's cost of living index.

🏠

Housing

Homes in Miami cost 54% more (-$730,000 extra). Expect a larger mortgage and down payment.

🏢

Renting

Renting in Miami saves you $1,547/month — $18,564 per year. Median rent: $3,498/mo in San Francisco vs $1,951/mo in Miami.

📋

Property Taxes

On a median-priced home, San Francisco owners pay roughly $8,505/year in property taxes vs $5,642/year in Miami. That's a $2,863 annual difference.

💼

Local Earnings

Median household income is $131,000 in San Francisco and $65,000 in Miami. Miami residents earn 50% more — but remember to factor in cost of living.

🚗

Daily Commute

Average commute is 34 minutes in San Francisco vs 30 minutes in Miami. Commute times are nearly identical.

Salary Equivalence

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

Salary in San FranciscoEquivalent in MiamiDifference
$50,000$30,607-$19,393
$75,000$45,911-$29,089
$100,000$61,215-$38,785
$150,000$91,822-$58,178
$200,000$122,430-$77,570

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

Run the Numbers

Related Comparisons

San Francisco vs Miami: Common Questions

Is San Francisco or Miami cheaper to live in?

Based on cost of living indices, Miami is cheaper overall. San Francisco has a COL index of 214 while Miami scores 131 (national average = 100).

How do home prices compare between San Francisco and Miami?

The median home price in San Francisco is $1,350,000 vs $620,000 in Miami — a difference of $730,000 (54%).

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

Use the salary equivalence table above. For example, a $100K salary in San Francisco is equivalent to $61,215 in Miami in terms of purchasing power.

Which city has lower property taxes?

San Francisco has a lower property tax rate (0.63% vs 0.91%). On a median-priced home, that means paying $5,642/year vs $8,505/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.