While a majority of people moving to Miami are drawn by the weather condition and side attractions in the city, you will find it interesting to know that there are other amazing things about this city that most people have overlooked.
If you are considering moving to Miami, there are a couple of things you should know about the city. For the purpose of this piece, we’ll discuss the cost of living in this city.
Before we delve fully into the cost of living in Miami, we’ll take a look at some of the few facts about Miami that most people do not know.
Going by the population estimate carried out in 2016, there are over 2.7 million people in this city. Going by reports, over two-thirds of that number speak Spanish. Also, over 80 languages are being spoken in that city.
Cost of Housing In Miami
It has been revealed that a considerable number of people in the city find it extremely difficult to lay their hands on less expensive homes in certain good areas of the city. This clearly shows that the rental market in the city is booming. Some of the monthly rental prices in the city include;
- $1,300 plus for a one-bedroom apartment located in the city center and $1000 plus for that same apartment located outside the city center.
- $2,000 for a two-bedroom apartment in the city center while $1600 plus for that same apartment outside the city center.
- $5,000 plus for a 10.7 square meter space located in the city center while $2,000 plus for that same space found outside the city center.
In terms of housing, when compared to major cities like London, Los Angeles, Toronto, Sydney, Dubai, Paris, and New York, Miami is way cheaper.
Cost of Groceries And Restaurants;
A large number of people found in this city is one of the main reasons why there are a number of food options to choose from. There are tons of restaurants for those who love to dine, and there are others for those that prefer hotdogs and burger.
For food items like; rice, a bottle of coke, milk, bread, dozen of eggs, apples, coffee, and chicken, the price ranges from about $1.39 to over $19.98 depending on the quantity and quality of the food supply you want.
For restaurants, the least expensive ones sell meals for about $12 to over $25 depending on the quantity and quality of food you want to buy.
When compared to major cities like those mentioned above, the price of groceries and restaurants is quite expensive in Miami than in most of them. For example, in Dubai, groceries are about 27.88% cheaper than in Miami while restaurants are also cheaper by 32.18%.
Cost of Alcoholic Drinks Or Beverages In Miami
One of the popular past times in Miami is drinking. The brutal traffic and nightlife present residents with an encouraging environment to relax with a bottle of alcohol as they watch the world go by.
The price for a bottle of alcohol is it domestic beer, imported beer, a bottle of wine either at a pub or supermarket ranges from about $3 to over $18. The price depends on the type of alcoholic beverage you need. For example in a supermarket, a mid-range bottle of wine is sold for $13 to over $18.
Cost of Transportation In Miami
One of the interesting things about this city is the amazing transport system which is controlled by “Miamidada.” This transport system encompasses trains, buses, as well as trolleys.
According to reports, this transport system has been designed specifically to encourage tourists and first-time visitors to make use of it at the same time being an avenue to keep the roads free from traffic jams.
These three main travel modes have been designed to run throughout the entire city. Irrespective of where you are headed to, there’s always a bus, train, or trolley available for you.
When compared to certain cities in the country and other parts of the world, the cost of moving from one place to another in Miami is quite cheap. For example, residents can pay for a monthly unlimited ticket which cost about $112.
On the other hand, a single adult metro ticket is $2.25 while a day ticket plan is $5.65. To ensure that you do not end up spending all your funds on transportation, there are a couple of tips that you can take to heart to enable you to save extra cash. You could decide to buy a bike or look for free rides.
Internet Cost In Miami
Bear in mind that internet cost in the United States is arguably more expensive than what is charged in most other countries. In Miami, you get to pay $19.99 monthly for 10 Mbps (megabytes per second) internet speed. On the other hand, for 45Mbps, you get to pay $40 monthly.
Cost of Car Ownership In Miami
While some people decide to use public transport to get to their destinations simply because they do not have the time to spend in traffic, others own and drive their cars.
Those planning on relocating to this city from any of the states in the country can keep their license when they finally move. All that would be required would be to update the new address.
On the other hand, tourists are allowed to drive their cars around with a foreign license for up to 12 months. After that, they would be required to apply and get an American license before they are allowed to drive.
Like most American cities, the price for one liter of gas or petrol is $0.64. Generally, the total cost of registration, local and state taxes, and a license is $665 each year.
To save money while driving in this city, you can decide to try out what is referred to as carpooling or sharing. Currently, there are a number of websites that offer you the opportunity to share a car in order to cut costs.
To make your relocation stress-free, you could decide to hire the services of a cheap moving company.
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Important things you need to know before moving to Miami, FL
1. Get Ready To Entertain More Visitors
Miami is one of the most friendly cities in the state and country at large. This is probably because of the influx of people with diverse cultures as well as high minority counts. With more people with diverse or different cultures in the city, you will definitely experience an uptick in visitors.
Reports have revealed that when you move to Miami through any of the best moving companies in the state, you will find out that more of your friends and family would love to visit often times than usual. Being a popular vacation destination, your loved ones could use that as a reason to visit you.
So, if you are planning to move to this city, you definitely will need to have a guest room or rooms for your numerous visitors.
2. The Food Is Great
The food scene in this city is something that will be rare to find in other cities in the state and country at large. Right at the heart of the expensive Miami Beach, you will get to see amazing cafes, restaurants, and food trucks.
One of the interesting things about the food in this city is that there is food for almost everyone. Irrespective of where you’re from, there’s always a cafe or restaurant that sells something you’d love to eat. One of the popular foods is Cuban food.
Another interesting thing about this city is that irrespective of your budget, there’s something to eat for you. Also, there are a number of cafes and pubs where you can indulge yourself in the coldest beers down to the hottest lattes.
3. There Are Other Things Aside The Beach
Often times when people hear Miami the first thing that runs through their mind is beaches. You will find it interesting to know there are other amazing things about the city aside from the beaches.
Aside from the numerous amazing beaches found in the city, there are other tourist attractions you can also check out. Like most of the other cosmopolitan wonders, there are tons of things you can do in the city, and interestingly, this city has been designed to accommodate everyone irrespective of pay grade.
Moving to Miami is like you are a stone’s throw away from having a vacation.
4. You Need The Know About Calle Ocho
Calle Ocho or Eighth Street is one of the most famous buildings in the city. If you are planning on moving to this city, then, it is important that you know this building.
It is basically the Cuban historic center. It plays host to everything that has to do with Cuban in the city. It is the best place to get your hands on amazing Cuban dishes at the same time being home for retirees.
When you move to this city, one of the most things you have to look out for is the Carnaval which is done annually.
Calle Ocho over the years has proven to be a tourist attraction and also being a significant feature of the city. This historic center has been likened to the Eiffel Tower in Paris and the Statue Of Liberty found in New York.
5. There Is An Amazing Night Life
Unknown to most people, Miami is a nocturnal city. The city is one of the very few in the state that comes alive at night. One thing that has contributed to this nightlife is the traffic in the city. Residents in the city would definitely experience brutal traffic which leads to lateness.
6. You May Be Stuck In Traffic
As stated above, the traffic in the city can be brutal some of the time. As you plan on moving to this city, it is important that you bear in mind that unexpected traffic can happen at any given time.
Even when the bridge at Brickell Avenue goes up as expected, delays of some sort is inevitable. This is one of the reasons why it is advised that you do not take it to heart when your loved ones or clients arrive late for a meeting or appointment.
Before moving to this city, taking this into consideration will help you find out if you are able to cope or not.
7. The City’s Art Scene Is Currently Booming
The design district in the city is a major side attraction in Miami. Also, the Art Basel which is an international art party and fair has raised the profile of this city as one of the very few arts destinations in Florida and even the United States.
Unknown to most people, Arts Basel is the favorite destination where some of the world’s leading art galleries in Europe, Latin America, North America, Africa, and Asia display artworks from not just the masters of contemporary arts but also from the emerging and creative stars that would take the world by storm.
Interestingly, the low taxes in the state of Florida could also motivate you as an art lover to make small or huge contributions or donations towards the growth of the art industry in this city.
The city of Miami is one of the amazing cities in the country. With an influx of people from all parts of the world, the city is one that you will definitely love. While the brutal traffic may be one of the few flaws of the city, it also encourages nightlife.
Depending on what you want, the cost of living in this amazing city may be high or low. In terms of housing, Miami happens to be cheaper than in most cities. Hope this helps you make that decision.