Cost of Living in Miami, OK

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

76.1

100 = national avg

-23.9 vs national average

Living Wage (1 Adult)

$33,503

per year

Living Wage (Family of 4)

$79,188

per year

Cost Index by Category

Housing
71.4
Food
85.1
Transportation
70.2
Healthcare
88.1
Utilities
85.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$714

per month

2 Bedroom

$937

per month

The overall cost of living index in Miami is 76.1, which is 23.9% below the national average. Housing costs are below the national average at an index of 71.4. A single adult needs to earn approximately $33,503 per year to cover basic expenses.