Relocation comparison
Chicago, IL → Miami, FL
Moving from Chicago, IL to Miami, FL? Cost of living in Miami, FL is about 3% higher. A $100,000 lifestyle in Chicago, IL costs about $103,361 in Miami, FL. Here are the numbers.
Cost of living
+3%
123 vs 119 index
Matches a $100,000 lifestyle
$103,361
Matches a $100,000 lifestyle
Median 2-bed rent
+$800
$2,800/mo
Median home price
+$230,000
$590,000 median
What you'd need to earn to keep your lifestyle
| Salary today (Chicago, IL) | Equivalent there (Miami, FL) |
|---|---|
| $75,000 | $77,521 |
| $100,000 | $103,361 |
| $150,000 | $155,042 |
Illustrative figures for planning, not financial advice. Cost-of-living index uses US average = 100.
Questions people ask about this move
- Is Miami, FL more expensive than Chicago, IL?
- Yes. Cost of living in Miami, FL is about 3% higher than Chicago, IL (index 123 vs 119, US average = 100).
- How much do you need to earn in Miami, FL to match a $100,000 lifestyle in Chicago, IL?
- About $103,361. That's the salary in Miami, FL that buys roughly what $100,000 buys in Chicago, IL.
- What's the difference in housing between Chicago, IL and Miami, FL?
- Median 2-bed rent is $800/mo more, and the median home price is about $230,000 higher in Miami, FL.
- How does state income tax compare?
- Miami, FL runs about 0% versus 4.95% in Chicago, IL. On $100,000, that's roughly $4,950/yr less in tax.
Run your exact numbers
These are median figures. Your real answer depends on your salary, whether you own or rent, and the relocation package on the table. The full calculator works it out in a minute.
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