SalaryCompareTool

Miami, FL vs Albany, NY

Moving from Miami to Albany? Here's what changes — from your equivalent salary to housing ($475,622 → $370,533 median home) and taxes.

Miami vs Albany at a glance

Bars scaled to the range across all 200 metros; labels show actual values.

Miami, FL Albany, NY Cost-of-living index Miami, FL — Cost-of-living index: 112 112 Albany, NY — Cost-of-living index: 98 98 Median home price Miami, FL — Median home price: $476k $476k Albany, NY — Median home price: $371k $371k Price per sqft Miami, FL — Price per sqft: $257 $257 Albany, NY — Price per sqft: $232 $232 Median rent Miami, FL — Median rent: $2,693 $2,693 Albany, NY — Median rent: $1,681 $1,681 Combined sales tax Miami, FL — Combined sales tax: 7.0% 7.0% Albany, NY — Combined sales tax: 8.5% 8.5% Property tax rate Miami, FL — Property tax rate: 0.90% 0.90% Albany, NY — Property tax rate: 1.95% 1.95% Violent crime /100k Miami, FL — Violent crime /100k: 380 380 Albany, NY — Violent crime /100k: 350 350 Electricity ¢/kWh Miami, FL — Electricity ¢/kWh: 15.4 15.4 Albany, NY — Electricity ¢/kWh: 29.4 29.4 Avg commute (min) Miami, FL — Avg commute (min): 30 30 Albany, NY — Avg commute (min): 23 23 Avg summer high °F Miami, FL — Avg summer high °F: 91° 91° Albany, NY — Avg summer high °F: 83° 83° Avg winter low °F Miami, FL — Avg winter low °F: 52° 52° Albany, NY — Avg winter low °F: 16° 16°

To keep the same standard of living as $100,000 in Miami, FL, you'd need about $87,589 in Albany, NY (−$12,411).

Livability — Miami, FL: 57 · Albany, NY: 58 (0–100).

What your home budget buys

A $500,000 home budget gets you about 1,945 sqft in Miami vs 2,159 sqft in Albany ($257 vs $232 per sqft).

Annual cost breakdown (at $100,000)

CategoryMiami, FLAlbany, NYDifference
Housing $32,316 $20,172 −$12,144
Groceries $5,091 $4,868 −$223
Transportation $4,800 $3,895 −$905
Utilities $1,656 $3,180 +$1,524
Insurance $4,200 $1,600 −$2,600
Taxes $5,772 $18,849 +$13,077
Total $53,835 $52,564 −$1,271

Side by side

MetricMiami, FLAlbany, NY
Cost-of-living index112.198.2
Unemployment rate5.24%4.97%
Population growth (5-yr)1.7%2.3%
Air quality (median AQI)4242
Big Mac price (est.)$6.38$5.59
Median home price$475,622$370,533
Home price ÷ income6.9×4.4×
1-yr home appreciation-2.9%5.5%
Price per square foot$257$232
Median rent$2,693$1,681
Total tax burden (% income)9.1%15.9%
Combined sales tax7.02%8.52%
Capital gains taxNone10.90%
Property tax rate0.90%1.95%
Healthcare (annual)$7,500$7,800
Childcare (annual, infant)$10,000$17,000
Vehicle property taxNoneNone
Avg commute (min)3023
Home insurance / yr$4,200$1,600
Auto insurance / yr$2,900$2,100
Flood insurance / yr$1,400$800
Earthquake insurance / yr$100$100
Electricity ¢/kWh15.429.4
Gas $/gal3.353.45
Natural gas / mo$38$98
Water & sewer / mo$88$87
Home internet / mo$76$76
Violent crime /100k380350
Avg summer high °F9183
Avg winter low °F5216
Annual precipitation (in)67.440.0
Annual snowfall (in)0.048.0
Sunshine (% possible)70%50%
Permit difficulty (1–5)35

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