Miami vs Fort Lauderdale: Cost of Living
Miami and Fort Lauderdale cost about the same overall.
How Miami Compares to Fort Lauderdale
Category by category
Renting
about the same
Buying
▲ 3%
Goods
about the same
Services
about the same
Key Facts
| Miami | Fort Lauderdale | |
|---|---|---|
| Median Rent | $1,975/mo | $1,953/mo |
| Median Home | $598,200 | $579,300 |
| Median Income | $66,337 | $90,734 |
| State Income Tax | None | None |
| Sales Tax | 7% | 7% |
Housing: The Biggest Difference
Fort Lauderdale has the lower median home price by $18,900. Monthly rent is $22/month cheaper in Fort Lauderdale.
Miami vs Fort Lauderdale FAQ
Rent is $22/month cheaper in Fort Lauderdale. Miami's median rent is $1,975/month, while Fort Lauderdale's is $1,953/month. Source: Census ACS 2024.
Fort Lauderdale has the lower median home price at $579,300, saving $18,900 compared to Miami. Source: Census ACS 2024.