Austin vs Miami
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics
๐ก Why it matters: Austin vs Miami
Austin is 18% more affordable for homebuyers. Austin has a price-to-income ratio of 6.2x compared to 8.5x in Miami.
| Metric | Austin | Miami |
|---|---|---|
| Avg Home Price | $450,000 | $550,000 |
| Price / sqm | $4,800 | $7,200 |
| Rent (1BR) | $1,700/mo | $2,600/mo |
| Rent (3BR) | $2,600/mo | $4,000/mo |
| Price-to-Income | 6.2x | 8.5x |
| Mortgage Rate | 6.8% | 6.8% |
| 1yr Change | -2.5% | +4.5% |
| Median Income | $73,000/yr | $65,000/yr |
| Population | 1,000,000 | 470,000 |
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HomePricePeek Research TeamData Specialists
Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.
โ OECD, Numbeo & National Statisticsโ Updated 2025
Frequently Asked Questions
Is Austin or Miami more expensive?
Austin is more affordable. Home prices differ by $100,000 (18%).
Which city has cheaper rent, Austin or Miami?
Rent for a 1BR in Austin is $1,700/mo vs $2,600/mo in Miami.
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