Miami Is Losing Its Claim to a Cheaper Cost of Living than NYC
https://www.fa-mag.com/news/miami-is-losing-its-claim-to-a-cheaper-cost-of-living-than-nyc-87807.html
For the first time on record, the Miami metropolitan area is more expensive than greater New York City. South Florida’s consumer price index has jumped 36% since 2019 according to figures released this month, more than any of the other metropolitan areas tracked by the US Bureau of Labor Statistics with the exception of Tampa, Florida, four hours away. And Miami’s cost of living has surpassed New York’s, according to the US Bureau of Economic Analysis’s latest annual price-comparison report, which examined 2024 data.
https://www.fa-mag.com/news/miami-is-losing-its-claim-to-a-cheaper-cost-of-living-than-nyc-87807.html
For the first time on record, the Miami metropolitan area is more expensive than greater New York City. South Florida’s consumer price index has jumped 36% since 2019 according to figures released this month, more than any of the other metropolitan areas tracked by the US Bureau of Labor Statistics with the exception of Tampa, Florida, four hours away. And Miami’s cost of living has surpassed New York’s, according to the US Bureau of Economic Analysis’s latest annual price-comparison report, which examined 2024 data.