London vs Miami
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026·Source: OECD, Numbeo & National Statistics
💡 Why it matters: London vs Miami
Miami is 19% more affordable for homebuyers. London has a price-to-income ratio of 12.5x compared to 8.5x in Miami.
| Metric | London | Miami |
|---|---|---|
| Avg Home Price | $680,000 | $550,000 |
| Price / sqm | $15,000 | $7,200 |
| Rent (1BR) | $2,800/mo | $2,600/mo |
| Rent (3BR) | $4,500/mo | $4,000/mo |
| Price-to-Income | 12.5x | 8.5x |
| Mortgage Rate | 4.5% | 6.8% |
| 1yr Change | +1.2% | +4.5% |
| Median Income | $54,000/yr | $65,000/yr |
| Population | 9,000,000 | 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.
✓ OECD, Numbeo & National Statistics✓ Updated 2025
Frequently Asked Questions
Is London or Miami more expensive?
Miami is more affordable. Home prices differ by $130,000 (19%).
Which city has cheaper rent, London or Miami?
Rent for a 1BR in London is $2,800/mo vs $2,600/mo in Miami.
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