Prices and Cost of Living in Miami in 2018

Posted by:Admin Posted on:Jan 31,2018

Miami is a resort and one of the largest cities in Florida. Territorially the city can be divided into two parts:the first part – large city and business center, the second part – the resort suburb of Miami Beach. We will analyze prices and cost of living in Miami in 2018: average salaries, utility bills, public transport, taxis, rent of apartments, hotels, hostels, buy of real estate, food in supermarkets and average bill in restaurants.

№ 1. Prices for hostels and hotels in Miami in 2018

Hotels

Hotel ratingDouble room for 1 night (USD)
1 star40.00-80.00
2 stars 90,00-200.00
3 stars 100.00-300.00
4 stars 135.00-500.00
5 stars 270.00-1000.00

Hostels

Hostels in Miami
One night for one bed
Price range
20.00-40.00

№ 2. Prices for rental apartments and utility bills in Miami in 2018

Rental apartments (1,2 and 3 bedrooms)

Number of roomsCenter city (the most prestigious areas)
Outside of centre
Apartment (1 bedroom)$ 1850 $ 1340
Apartment (2 bedroom)$ 2670 $ 1860
Apartment (3 bedroom)$ 3500 $ 2370

Utilities (Monthly) 

Number of rooms
Utilities Monthly (Cooling, Water, Garbage, Electricity, Heating)
Apartment (1 bedroom) $ 100
Apartment (2 bedroom) $ 120
Apartment (3 bedroom) $ 160

List of additional monthly expenses (Internet, mobile communication, etc.)

List of additional costsMonthly
Mobile connection$ 40.00 (1 minute local mobile tariff = 0,12 $)
Home Internet (60 Mbps)$ 55.00
Kindergarten for 1 child$ 950.00
Season ticket (gym or fitness club)$ 40.00

№ 3. Buy apartment in Miami in 2018 (the average price per square meter)

Area (Square meter)City CentreOutside of Centre
The average price per 1 square meter$ 4650$ 2150
Studio (30 square meters)$ 139 400$ 64 500
Apartment 2 bedroom (65 square meters)$ 302 250 $ 139 750
Apartment 3 bedrooms (90 square meters)$ 418 500 $ 193 500

№ 4. Average net salaries in Miami in 2018

Monthly, annuallyAverage net salaries in Miami (After Tax)
Monthly$ 3000
Annually$ 36 000

№ 5. Food Prices in Supermarkets - Miami 2018

List of productsWeight (gram, liter, kilogram and pound)
Price
Meat, fish, dairy products
Pork forcemeat
500 g (1,1 lb)
6.59 $
Beef
1 kg (2,2 lb)14.00-15.00 $
Pork
1 kg (2,2 lb)11.00-13.00 $
Chicken breast (fillet)
1 kg (2,2 lb)9.30 $
Chicken thighs (without skin and bones)1 kg (2,2 lb)8.00-9.00 $
Wild fish (American red perch)500 g (1,1 lb)
13.00 $
Fillet (Atlantic salmon)500 g (1,1 lb)
11.00 $
Fish Tilapia (fillet)500 g (1,1 lb)
8.80 $
Shrimp
500 g (1,1 lb)
15.00-22.00 $
Milk 1 liter0.97 $
Cheese
1 kg (2,2 lb)10.00-11.00 $
Vegetables and fruits
Strawberry1 kg (2,2 lb)12.00-16.00 $
Oranges1 kg (2,2 lb)6.16 $
Apples
1 kg (2,2 lb)5.74 $
Bananas
1 kg (2,2 lb)1.57 $
Red pepper

1 kg (2,2 lb)8.70 $
Broccoli1 kg (2,2 lb)4.45 $
Lemon
1 kg (2,2 lb)6.00 $
Garlic
1 kg (2,2 lb)13.00 $
Grapes
1 kg (2,2 lb)8.00-9.50 $
Cucumbers
1 kg (2,2 lb)4.60 $
Tomato 1 kg (2,2 lb)4.25 $
Onion1 kg (2,2 lb)1.97 $
Alcohol, drinks and other products
Eggs
12 pieces
3.00-4.00 $
Rice
1 kg (2,2 lb)4.45 $
Pasta (inexpensive brand)
1 kg (2,2 lb)2.00-3.00 $
Pasta (Italian brands)
1 kg (2,2 lb)4.00-6.50 $
Tomato paste with basil700 g
2.80 $
Chilled tea 2 liters
4.00 $
Juice Tropicana 2,5 liters
5.50 $
Water
1,5 liters
1.65 $
Cigarettes Marlboro1 packet
5.99 $
Imported beer
0,5 liter 4.00-5.00 $
Beer (US production)
0,5 liter 3.50 $
A bottle of wine0,7 liter 15.00 $

Average bill in cafes and restaurants Miami

List
Average bill for 1 person
Inexpensive cafe. Lunch or dinner
20.00-24.00 $
Restaurants. Lunch or dinner
35.00-40.00 $
Fast Food Cafe
7.50-9.00 $

№ 6. Transport prices in Miami in 2018 (buses, metro and taxi)

Types of transport
Price
Taxi
Boarding A Taxi 2.95 $
Taxi for 1 km (average cost) 2.14 $
The total cost of a 5 km taxi ride in Miami13.65 $
Taxi from the airport to Miami Beach
30.00-45.00 $
1 hour Waiting24.00 $
Public transport
One-way Ticket2.25 $
Shuttle van from airport to Miami Beach 11.00-22.00
Public bus from airport to Miami Beach 2.25-2.65
Monthly Pass112.50 $
Rent (car and bicycle)
Bicycle for 1 hour
8.00 $
Car (Chevrolet Spark, Nissan Versa Note, Kia Rio) for 1 day
40.00-55.00 $
Gasoline
1 liter0.66 $

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