Austin vs Miami: Cost of Living & Housing Comparison
Austin's median home value is $461,500 — 6% higher than Miami's $433,900.
Median household income is $86,556 in Austin versus $54,858 in Miami.
Typical rent runs $1,549 in Austin and $1,494 in Miami.
| Metric | Austin, TX | Miami, FL |
|---|---|---|
| Population | 958,202 | 443,665 |
| Median home value | $461,500 | $433,900 |
| Median household income | $86,556 | $54,858 |
| Median gross rent | $1,549 | $1,494 |
| Climate risk (FEMA) | Relatively High | Very High |
On housing costs, Miami, FL looks more affordable than Austin, TX — lower median home value and rent. This reflects housing only, not total cost of living.
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Sources: U.S. Census Bureau American Community Survey; FEMA National Risk Index
Data last updated July 2026.