A detailed side-by-side comparison of the cost of living, housing prices, income levels, and overall affordability between Miami, FL and Atlanta, GA.
FL
Population: 449,514
GA
Population: 499,127
National average = 100. Higher values indicate a more expensive area.
| Metric | Miami, FL | Atlanta, GA | Difference |
|---|---|---|---|
| Cost of Living Index | 135 | 100 | +35.0% |
| Median Home Price | $450,000 | $350,000 | +28.6% |
| Property Tax Rate | 0.97% | 1.08% | -10.2% |
| Median Household Income | $46,390 | $65,345 | -29.0% |
| Population | 449,514 | 499,127 | -9.9% |
Atlanta, GA is 35.0% cheaper to live in than Miami, FL, based on the overall cost of living index.
Home Price Difference
$100,000
Atlanta, GA is cheaper by 28.6%
Income Difference
$18,955
Atlanta, GA earns more by 29.0%
Price-to-income ratio: median home price divided by median household income. A lower ratio indicates more affordable housing.
Miami, FL
9.7x
$450,000 / $46,390
Atlanta, GA
5.4x
$350,000 / $65,345
Overall, Atlanta, GA is the more affordable city to live in. With a cost of living index of 100 compared to 135, a median home price of $350,000, and a price-to-income ratio of 5.4x, Atlanta, GA offers better value for residents looking to stretch their dollar further. However, the median household income in Atlanta, GA ($65,345) is higher, which may offset some of the cost differences.