Austin vs Miami
Cost of Living (2026)

Austin is 12% less expensive than Miami.

Enter your salary → get exact comparison

At a glance

Austin, TX

COL index110 ✓
State income taxNone
Avg 1BR rent$1,650/mo ✓
Median home price$520K ✓
VS

Miami, FL

COL index123
State income taxNone
Avg 1BR rent$2,300/mo
Median home price$600K

Cost breakdown by category

CategoryAustin indexMiami indexDifference
Housing144 ✓161+17%
Groceries104 ✓116+12%
Transportation105 ✓116+11%
Healthcare107 ✓119+12%
Utilities104 ✓114+10%

Source: C2ER Cost of Living Index 2026. Index = 100 is US average. ✓ indicates lower cost.

Salary equivalency: Austin → Miami

What salary in Miami gives you the same purchasing power as your Austin salary?

Salary in AustinEquivalent in MiamiDifference
$60,000$67,000+$7,000
$80,000$89,000+$9,000
$100,000$112,000+$12,000
$130,000$145,000+$15,000
$150,000$168,000+$18,000
$200,000$224,000+$24,000

Austin vs Miami: Full Cost of Living Comparison (2026)

When comparing the cost of living between Austin, TX and Miami, FL, Austin comes out significantly more affordable with a COL index of 110 versus 123 for Miami — a difference of approximately 12%.

State income tax impact

Both Texas and Florida have no state income tax, so that factor is neutral in this comparison.

Housing costs

The median home price in Austin is $520,000, compared to $600,000 in Miami. Average 1-bedroom rent is $1,650/month in Austin versus $2,300/month in Miami.

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