Minneapolis, MN → Miami, FL
Moving to Miami costs you $1,083 a month
−$12,996 a year for the same registered nurse, the same household size, and the same number of bedrooms.
| Per month | Minneapolis | Miami | Difference |
|---|---|---|---|
| Gross pay | $8,250 | $7,472 | −$778 |
| Income and payroll tax | $2,186 | $1,517 | −$670 |
| Take-home pay | $6,064 | $5,955 | −$109 |
| Rent | $1,369 | $2,088 | +$719 |
| Getting around | $504 | $599 | +$95 |
| Groceries | $400 | $444 | +$44 |
| Healthcare | $450 | $500 | +$50 |
| Utilities | $250 | $278 | +$28 |
| Everything else | $350 | $389 | +$39 |
| Left over | $2,741 | $1,658 | −$1,083 |
To break even in Miami, you'd need to earn
$108,000
Household gross, versus $99,000 today. That's the salary that leaves you exactly as much at the end of the month as Minneapolis does now.
The tax difference alone
+$5,269
A year, in state and local income tax. Florida has no wage income tax.
Minneapolis, MN in full
Strong wages, good bones, and a January that averages 9°F at night.
Miami, FL in full
No income tax, but rents rose faster here than anywhere in the 2020s.
The reverse move
Same two cities, but starting from Miami on Miami wages.
Miami → Minneapolis →Rent is Zillow's asking rent for each metro; taxes and living costs are modelled. An estimate, not a quote or tax advice. How this is calculated.