Salary Breakdown for Miami
The median individual income in Miami is $30,580 per year, which works out to approximately $2,548/month or $14.70/hour for full-time workers. The median household income is $51,362.
Cost of Living Adjusted Salary
Miami's cost of living index is 127 (national average = 100). The median salary of $30,580 in Miami has the purchasing power of approximately $24,079 at the national average cost of living. Miami is roughly in line with the national average, making it a balanced option for salary vs expenses.
Top Employers in Miami
- Baptist Health
- University of Miami
- Royal Caribbean
Major Industries in Miami
- Tourism
- International Trade
- Healthcare
How Miami Compares to Florida
See the full statewide salary data, tax rates, and more details on our average salary in Florida page. Thinking about starting a business? Check our LLC guide for Florida.
Cost of Living in Miami
See a detailed breakdown of housing, groceries, utilities, and more on our cost of living in Miami page.
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