Cost of Living in Miami, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
101.9
100 = national avg
+1.9 vs national average
Living Wage (1 Adult)
$44,831
per year
Living Wage (Family of 4)
$105,964
per year
Cost Index by Category
Housing48.1
Food123.7
Transportation147.4
Healthcare119.0
Utilities103.8
100 = national average. Higher = more expensive.
The overall cost of living index in Miami is 101.9, which is 1.9% above the national average. Housing costs are below the national average at an index of 48.1. A single adult needs to earn approximately $44,831 per year to cover basic expenses.