#63 of 66 for you
Miami, FL
No income tax, but rents rose faster here than anywhere in the 2020s.
Left over monthly
$1,681
Versus Chicago
−$699/mo
−$8,388 a year
Local pay for your job
$90,057
Local wages run -4% vs national
Where the money goes
One earner filing as a household, at 1 bedrooms.
- Taxes$1,526
- Rent$2,088
- Other living costs$2,209
- Left over$1,681
Pay and tax, per year
- Gross household pay
- $90,057
- Federal income tax
- −$11,427
- Social Security and Medicare
- −$6,889
- State income tax (FL)
- None
- Take-home pay
- $71,741
- Effective tax rate
- 20.3%
Living costs, per month
- Rent, 1br
- $2,088
- Groceries
- $444
- Getting around
- $599
- Healthcare
- $500
- Utilities and internet
- $278
- Everything else
- $389
- Total spending
- $4,297
Left over each month
$7,505 gross, minus $1,526 in tax and $4,297 in living costs.
$1,681
What living here is like
- Weather
- 248 sunny days, 91°F in July, 61°F January nights
- Getting around
- Plan on a car per adult
- Average commute
- 30 minutes each way
- Size
- 6.2M people
- Buying instead
- Median home $405,600 — roughly $2,751/mo with 20% down, tax and upkeep
- Taxes
- No state income tax. Sales tax 7.0%, property tax 0.97%.
How it scores against what you said matters
- Money left over
- 25
- Sun and mild weather
- 82
- Access to the outdoors
- 76
- City life and culture
- 84
- A short commute
- 40
Chicago vs Miami, line by line
Same job, same household, both tax codes applied.
Open the comparison →Also worth a look
- Seattle, WA$3,406/mo
No state income tax and high wages, offset by home prices and 150 sunny days.
- Austin, TX$3,176/mo
No income tax, but property taxes are among the steepest anywhere.
- Houston, TX$3,159/mo
The cheapest housing of any top-10 metro, paid for in property tax and humidity.
- Dallas, TX$3,044/mo
No income tax, endless new construction, and a 1.5% property tax bill.