Miami vs Miami Beach

The short version

  • Overall prices are about the same in both metro areas (BEA 2024).
  • The median home costs $518,100 in Miami and $556,700 in Miami Beach.
  • Households earn more in Miami Beach ($72,856 vs $62,462 median).
  • Miami is growing faster: +10.8% since 2020 vs -1.6%.

Side by side

Miami, FLMiami Beach, FL
People
Population (2025)489,81281,594
Growth since 2020+10.8%-1.6%
People per square mile13,60710,606
Median age39.342.9
Bachelor's degree or higher37%53%
Money and housing
Median household income$62,462$72,856
Median home value$518,100$556,700
Home value to income8.3×7.6×
Median rent (with utilities)$1,758$1,826
Metro price level (US = 100)114.2114.2
Housing price level (US = 100)155.6155.6
$75,000 elsewhere equals$85,600$85,600
Homeowners31%41%
Top state income taxNoneNone
Combined sales tax6.98%6.98%
Work and commute
Average commute (minutes)27.326.7
Work from home16%24%
Take public transit7%6%
Unemployment (2020-24 avg)5.2%4.6%
Poverty rate19.4%14.4%
Weather
January high / low74° / 61°74° / 61°
July high / low88° / 78°88° / 78°
Precipitation per year57 in57 in
Snowfall per year0 in0 in
Days 90°F or hotter3030
Nights below freezing00
Comfortable months66
Risks, air and home prices
Natural hazard risk (FEMA, county)Very HighVery High
FEMA risk score (lower is safer)99.699.6
Good air days, 202553%53%
Home prices, past year+1.3%+1.3%
Home prices, past 5 years+67.7%+67.7%

Highlighted cells are the better value where "better" is clear (lower prices, higher income, shorter commutes). Sources: Census Bureau 2025 estimates and ACS 2020-2024, BEA 2024, NOAA 1991-2020, Tax Foundation 2026.

Weather, month by month

60°70°80°90°JanFebMarAprMayJunJulAugSepOctNovDec
Miami Miami Beach. Solid lines are average highs, dashed lines average lows (°F), NOAA 1991-2020 normals.

Most comfortable months: Miami: November to April. Miami Beach: November to April.

Full monthly tables: Miami weather by month and Miami Beach weather by month.

What $75,000 is worth

A $75,000 salary in an average-priced US city buys about the same as $85,600 in Miami and $85,600 in Miami Beach. Moving from Miami to Miami Beach, you would need about $75,000 to match a $75,000 salary.

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