City Comparison · Updated May 2026
United States
COL index 78.4
United States
COL index 84.2
Austin vs Miami — Cost of Living, Salary & Tax Compared (2026)
The verdict
Living in Austin is 6.9% cheaper than Miami for the same lifestyle.
Based on Q1 2026 COL index and median single-person expenditure.
Side-by-side stats
| Austin | Metric | Miami | Δ |
|---|---|---|---|
| 78.4 | Cost of living index | 84.2 | +7.4% |
| €50,000 | Median gross salary | €50,000 | 0.0% |
| €41,511 | Net at €50,000 gross | €41,511 | 0.0% |
| €2,180 | Rent — 1BR centre | €2,680 | +22.9% |
| €3,091 | Monthly COL (single) | €3,691 | +19.4% |
| €52,947 | PPP — net / COL | €49,300 | -6.9% |
| 17.0% | Effective tax @ €50,000 | 17.0% | 0.0% |
Monthly expenses — paired
Salary equivalence
€50,000 gross in United States = €3,459 net monthly.
To have the same purchasing power in Miami, you would need roughly €53,983 gross in United States (≈ €3,715 net monthly, adjusted for cost-of-living index).
Affiliate disclosure
Some links on this page are affiliate links. WorthOf may earn a commission if you sign up. This does not affect our data, our methodology, or our editorial independence.
Pros & cons
- +Lower rent (€2,180 vs €2,680)
- −High cost of living (index 78)
- +Favourable tax rate (17.0%)
- −High rent-to-income ratio (63.0%)
- −High cost of living (index 84)
- +Favourable tax rate (17.0%)
- −High rent-to-income ratio (77.5%)
The verdict
Across the data, Austin carries a lower cost-of-living index; Austin wins on purchasing power after costs are netted out. If purchasing power is your north star, Austin edges it.
Frequently asked
Is Austin cheaper than Miami?+
Austin is cheaper. Cost-of-living index: Austin 78.4, Miami 84.2 — a 6.9% difference (Q1 2026).
What is the cost of living difference between Austin and Miami?+
Austin sits at 78.4 on our COL index, Miami at 84.2. That works out to roughly 6.9% — Austin being the cheaper of the two.
Is Austin a good place to live compared to Miami?+
It depends on priorities. Austin delivers €41,511 net on a €50,000 gross salary at a 17.0% effective tax rate. Miami delivers €41,511 at 17.0%. Centre 1-bed rent: €2,180 vs €2,680.
How do salaries compare in Austin vs Miami?+
On a €50,000 gross salary, take-home is €41,511/year (€3,459/month) in Austin and €41,511/year (€3,459/month) in Miami.
Which city has lower taxes, Austin or Miami?+
United States has the lower effective rate at €50,000: United States 17.0%, United States 17.0%.