Cheapest Cities Near Miami (2026)

Miami has a cost of living index of 123 (US avg = 100). Here are 8 more affordable metros to consider as alternatives.

More affordable alternatives

1
Flint, MI37% cheaper
COL: 771BR: $880/moSave $1,620/mo on rent
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2
McAllen, TX37% cheaper
COL: 781BR: $950/moSave $1,550/mo on rent
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3
Jackson, MS36% cheaper
COL: 791BR: $1,000/moSave $1,500/mo on rent
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4
Springfield, MO36% cheaper
COL: 791BR: $950/moSave $1,550/mo on rent
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5
Laredo, TX36% cheaper
COL: 791BR: $950/moSave $1,550/mo on rent
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6
Evansville, IN35% cheaper
COL: 801BR: $990/moSave $1,510/mo on rent
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7
Topeka, KS35% cheaper
COL: 801BR: $940/moSave $1,560/mo on rent
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8
El Paso, TX35% cheaper
COL: 801BR: $1,050/moSave $1,450/mo on rent
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Miami at a glance

123
COL index
100 = US avg
$2,500
1BR rent
per month
$620K
Home price
median
None
State tax
income

Cities with similar cost of living

Austin, TXCOL: 122Denver, COCOL: 122Portland, ORCOL: 125Fort Lauderdale, FLCOL: 120

COL index sourced from Numbeo, Zillow, and BLS data · Q1 2026 · For general guidance only