SalaryCompareTool

Miami, FL vs Raleigh, NC

Moving from Miami to Raleigh? Here's what changes — from your equivalent salary to housing ($475,622 → $438,364 median home) and taxes.

Miami vs Raleigh at a glance

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

Miami, FL Raleigh, NC Cost-of-living index Miami, FL — Cost-of-living index: 112 112 Raleigh, NC — Cost-of-living index: 98 98 Median home price Miami, FL — Median home price: $476k $476k Raleigh, NC — Median home price: $438k $438k Price per sqft Miami, FL — Price per sqft: $257 $257 Raleigh, NC — Price per sqft: $219 $219 Median rent Miami, FL — Median rent: $2,693 $2,693 Raleigh, NC — Median rent: $1,694 $1,694 Combined sales tax Miami, FL — Combined sales tax: 7.0% 7.0% Raleigh, NC — Combined sales tax: 7.0% 7.0% Property tax rate Miami, FL — Property tax rate: 0.90% 0.90% Raleigh, NC — Property tax rate: 0.75% 0.75% Violent crime /100k Miami, FL — Violent crime /100k: 380 380 Raleigh, NC — Violent crime /100k: 400 400 Electricity ¢/kWh Miami, FL — Electricity ¢/kWh: 15.4 15.4 Raleigh, NC — Electricity ¢/kWh: 16.3 16.3 Avg commute (min) Miami, FL — Avg commute (min): 30 30 Raleigh, NC — Avg commute (min): 27 27 Avg summer high °F Miami, FL — Avg summer high °F: 91° 91° Raleigh, NC — Avg summer high °F: 89° 89° Avg winter low °F Miami, FL — Avg winter low °F: 52° 52° Raleigh, NC — Avg winter low °F: 30° 30°

To keep the same standard of living as $100,000 in Miami, FL, you'd need about $87,748 in Raleigh, NC (−$12,252).

Livability — Miami, FL: 57 · Raleigh, NC: 64 (0–100).

What your home budget buys

A $500,000 home budget gets you about 1,945 sqft in Miami vs 2,281 sqft in Raleigh ($257 vs $219 per sqft).

Annual cost breakdown (at $100,000)

CategoryMiami, FLRaleigh, NCDifference
Housing $32,316 $20,328 −$11,988
Groceries $5,091 $4,840 −$252
Transportation $4,800 $3,130 −$1,670
Utilities $1,656 $1,752 +$96
Insurance $4,200 $2,000 −$2,200
Taxes $5,772 $9,294 +$3,522
Total $53,835 $41,344 −$12,492

Side by side

MetricMiami, FLRaleigh, NC
Cost-of-living index112.198.4
Unemployment rate5.24%4.19%
Population growth (5-yr)1.7%11.5%
Air quality (median AQI)5147
Big Mac price (est.)$6.38$5.60
Median home price$475,622$438,364
Home price ÷ income6.9×4.8×
1-yr home appreciation-2.9%-2.2%
Price per square foot$257$219
Median rent$2,693$1,694
Total tax burden (% income)9.1%9.9%
Combined sales tax7.02%6.98%
Capital gains taxNone4.25%
Property tax rate0.90%0.75%
Healthcare (annual)$7,500$6,600
Childcare (annual, infant)$10,000$10,000
Vehicle property taxNone1.10%
Avg commute (min)3027
Home insurance / yr$4,200$2,000
Auto insurance / yr$2,900$1,400
Flood insurance / yr$1,400$800
Earthquake insurance / yr$100$100
Electricity ¢/kWh15.416.3
Gas $/gal3.353.20
Violent crime /100k380400
Avg summer high °F9189
Avg winter low °F5230
Permit difficulty (1–5)33

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