Miami vs Washington DC
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026·Source: OECD, Numbeo & National Statistics
💡 Why it matters: Miami vs Washington DC
Miami is 11% more affordable for homebuyers. Miami has a price-to-income ratio of 8.5x compared to 7.8x in Washington DC.
| Metric | Miami | Washington DC |
|---|---|---|
| Avg Home Price | $550,000 | $620,000 |
| Price / sqm | $7,200 | $7,500 |
| Rent (1BR) | $2,600/mo | $2,200/mo |
| Rent (3BR) | $4,000/mo | $3,500/mo |
| Price-to-Income | 8.5x | 7.8x |
| Mortgage Rate | 6.8% | 6.8% |
| 1yr Change | +4.5% | +2.2% |
| Median Income | $65,000/yr | $80,000/yr |
| Population | 470,000 | 690,000 |
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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 Miami or Washington DC more expensive?
Miami is more affordable. Home prices differ by $70,000 (11%).
Which city has cheaper rent, Miami or Washington DC?
Rent for a 1BR in Miami is $2,600/mo vs $2,200/mo in Washington DC.
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