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Miami's cost of living now tops New York City's despite Florida's tax advantages
3 days ago, 12:47 PM
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#1
- GordonXXX
- Generation X Capitalist
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- GordonXXX
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Miami's cost of living now tops New York City's despite Florida's tax advantages
The financial math behind fleeing high-tax states for a Florida paradise is hitting a major roadblock.
While the absence of a state income tax in the Sunshine State remains a powerful draw for transplants, a combination of rising property taxes, soaring property insurance premiums and everyday inflation has pushed Miami's total cost of living above New York City's for the first time.
A recent Bloomberg analysis found that data from the U.S. Bureau of Economic Analysis indicate that the combined cost of living in the Miami, Fort Lauderdale and Palm Beach region — dubbed the "Gold Coast" — is now roughly 5% higher than that of the New York metropolitan area and its surrounding suburbs.
https://www.foxbusiness.com/real-estate/miamis-cost-living-now-tops-new-york-citys-despite-floridas-tax-advantages.amp
While the absence of a state income tax in the Sunshine State remains a powerful draw for transplants, a combination of rising property taxes, soaring property insurance premiums and everyday inflation has pushed Miami's total cost of living above New York City's for the first time.
A recent Bloomberg analysis found that data from the U.S. Bureau of Economic Analysis indicate that the combined cost of living in the Miami, Fort Lauderdale and Palm Beach region — dubbed the "Gold Coast" — is now roughly 5% higher than that of the New York metropolitan area and its surrounding suburbs.
https://www.foxbusiness.com/real-estate/miamis-cost-living-now-tops-new-york-citys-despite-floridas-tax-advantages.amp
3 days ago, 12:49 PM
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#2
- AllLifter
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how to much to make in a year to live in that city comfortably?
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3 days ago, 12:54 PM
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#3
3 days ago, 12:55 PM
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#4
- OliverHeldens
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I've considered buying a Condo in Miami at various points, but it's always like $2000 per month for HOA on those Condo buildings, and I immediately say "Fuck No"
3 days ago, 01:03 PM
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#5
- SuperHercules
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It's a shithole anyways. There are many other places in Florida not principally populated by internet prostitutes, rappers, drug dealers, and corrupt politicians from around the world
See Shakebrah's sig
3 days ago, 01:21 PM
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#6
- anonkunbrah
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It's only a good place to live if you're you're fluent in Spanish, wealthy and looksmaxxed.
3 days ago, 01:25 PM
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#7
- gmenfan40
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Originally Posted By OliverHeldens⏩
2000/month is cheap tbh
I've considered buying a Condo in Miami at various points, but it's always like $2000 per month for HOA on those Condo buildings, and I immediately say "Fuck No"
It's the HOA that kills you in those areas (Super Ded fkn Srs)
3 days ago, 01:29 PM
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#8
3 days ago, 01:32 PM
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#9
3 days ago, 01:33 PM
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#10
3 days ago, 01:33 PM
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#11
Originally Posted By SuperHercules⏩
Cope
It's a shithole anyways. There are many other places in Florida not principally populated by internet prostitutes, rappers, drug dealers, and corrupt politicians from around the world
☆ Member of the Brave 767 crew ☆ Never forget.
-Florida Gators-
3 days ago, 01:57 PM
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#12
- OliverHeldens
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Yeah but look at this pad you can get in Miami. This would be a 1200 sqft apartment in NYC
https://www.zillow.com/homedetails/9881-SW-148th-Ter-Miami-FL-33176/44291099_zpid/
https://www.zillow.com/homedetails/9881-SW-148th-Ter-Miami-FL-33176/44291099_zpid/
3 days ago, 02:06 PM
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#13
3 days ago, 02:09 PM
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#14
- Jaydubs
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Even if it is more expensive, YOU LIVE IN MIAMI. Nobody says "this Miami weather sucks, I'm going to New York". You don't have a communist mayor that wants to let criminals rob you and mulsims honor kill you.
The only risk you really take in Miami is running into MarioMiami305 or Floridaman.
The only risk you really take in Miami is running into MarioMiami305 or Floridaman.
3 days ago, 02:15 PM
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#15
- Basedbabyy
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Originally Posted By Jaydubs⏩
Neither of them live in Miami
Even if it is more expensive, YOU LIVE IN MIAMI. Nobody says "this Miami weather sucks, I'm going to New York". You don't have a communist mayor that wants to let criminals rob you and mulsims honor kill you.
The only risk you really take in Miami is running into MarioMiami305 or Floridaman.
The only risk you really take in Miami is running into MarioMiami305 or Floridaman.
3 days ago, 02:18 PM
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#16
- SuperHercules
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Originally Posted By leoaa777⏩
Coming from a cuck with a sportsball team in his sig lol
Cope
See Shakebrah's sig
3 days ago, 02:30 PM
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#17
- kimm4
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Originally Posted By GordonXXX⏩
My youngest sister lives in Fort Lauderdale by the Sea. I really need to go for a visit...I could use a vacation.
Fort Lauderdale and Palm Beach region — dubbed the "Gold Coast" — is now roughly 5% higher than that of the New York metropolitan area and its surrounding suburbs.
National Level Competitor (Female BB)
3 days ago, 02:33 PM
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#18
3 days ago, 02:38 PM
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#19
- SuperHercules
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Originally Posted By leoaa777⏩
Now that's cope, acting like being Indian is a bad thing
At least it’s not another gay Indian’s signature.
See Shakebrah's sig
3 days ago, 02:41 PM
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#20
Originally Posted By SuperHercules⏩
It’s literally the worst curse God can put on a person, though Indians barely qualify.
Now that's cope, acting like being Indian is a bad thing
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3 days ago, 02:45 PM
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#21
- SuperHercules
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Originally Posted By leoaa777⏩
This is the general consensus
It’s literally the worst curse God can put on a person, though Indians barely qualify.
Being indian is actually a great thing. we have beautiful people and we have ugly people. just like any race. I
for 1 am a great person, have great friends, and i take care of every
one that is in my life and i am glad to do it, and for that i have
people that love me around me. also, indian parents are one of the best
parents you can have. sometimes they can be really strict, but they will
take care of you no matter what, and they will buy you what ever it is
that you need
See Shakebrah's sig
3 days ago, 02:53 PM
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#22
- DevilMayRage
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NYC is a shithole...Miami got mamis, beaches, and dat lifestyle
You have to have some type of odd bias to want that phucking miserable digesting filth-ridden dinger hellhole that is NYC over a place like Miami.
You have to have some type of odd bias to want that phucking miserable digesting filth-ridden dinger hellhole that is NYC over a place like Miami.
Never Relax
3 days ago, 02:57 PM
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#23
- SuperHercules
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Originally Posted By DevilMayRage⏩
To be honest, every American city is now a shithole. Only some towns and little settlements in the sticks are good in these times
NYC is a shithole...Miami got mamis, beaches, and dat lifestyle
You have to have some type of odd bias to want that phucking miserable digesting filth-ridden dinger hellhole that is NYC over a place like Miami.
You have to have some type of odd bias to want that phucking miserable digesting filth-ridden dinger hellhole that is NYC over a place like Miami.
See Shakebrah's sig
3 days ago, 03:05 PM
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#24
- SoutheastBeast1
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Originally Posted By Jaydubs⏩
Bro there is just as much crime in Miami as there is NYC
Even if it is more expensive, YOU LIVE IN MIAMI. Nobody says "this Miami weather sucks, I'm going to New York". You don't have a communist mayor that wants to let criminals rob you and mulsims honor kill you.
The only risk you really take in Miami is running into MarioMiami305 or Floridaman.
The only risk you really take in Miami is running into MarioMiami305 or Floridaman.
Are you new to America?
https://www.areavibes.com/compare-results/?place1=New%20York%2C%20NY&place2=Miami%2C%20FL#cri
"One day I won't be able to lift any more. Not I won't want to lift. I mean physically unable. That day could be decades from now or it could be tomorrow. All I know is that's the day I'll wish I could lift more than ever. The day I'd give anything for one more workout, one more set, or one more cardio session. So go hard and enjoy every workout, every set, every rep. Because one day you will wake up and you will never get it back."
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3 days ago, 03:29 PM
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#25
3 days ago, 03:30 PM
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#26
- gmenfan40
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Originally Posted By SoutheastBeast1⏩
Yes, but the entire city of NYC is a dirty shithole with crime all over. Miami is nice for the most part. (Super Ded fkn Srs)
Bro there is just as much crime in Miami as there is NYC
Are you new to America?
https://www.areavibes.com/compare-results/?place1=New%20York%2C%20NY&place2=Miami%2C%20FL#cri
Are you new to America?
https://www.areavibes.com/compare-results/?place1=New%20York%2C%20NY&place2=Miami%2C%20FL#cri
3 days ago, 03:36 PM
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#27
- SoutheastBeast1
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Originally Posted By gmenfan40⏩
You guys seriously haven't been to Miami. It's a complete dump.
Yes, but the entire city of NYC is a dirty shithole with crime all over. Miami is nice for the most part. (Super Ded fkn Srs)
If anything you're attributing the areas North of it (West Palm Beach, Boca Raton, or even Fort Lauderdale) as "Miami". By that logic upstate New York is NYC and a beautiful place to live.
"One day I won't be able to lift any more. Not I won't want to lift. I mean physically unable. That day could be decades from now or it could be tomorrow. All I know is that's the day I'll wish I could lift more than ever. The day I'd give anything for one more workout, one more set, or one more cardio session. So go hard and enjoy every workout, every set, every rep. Because one day you will wake up and you will never get it back."
-SoutheastBeast1
3 days ago, 03:40 PM
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#28
- Jaydubs
- Former Misc Jasonw1178
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- Jaydubs
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Originally Posted By SoutheastBeast1⏩
Some of it is nice, some of it is complete chit but you know where you are easily.
Bro there is just as much crime in Miami as there is NYC
Are you new to America?
https://www.areavibes.com/compare-results/?place1=New%20York%2C%20NY&place2=Miami%2C%20FL#cri
Are you new to America?
https://www.areavibes.com/compare-results/?place1=New%20York%2C%20NY&place2=Miami%2C%20FL#cri
Originally Posted By gmenfan40⏩
This.
Yes, but the entire city of NYC is a dirty shithole with crime all over. Miami is nice for the most part. (Super Ded fkn Srs)
3 days ago, 03:47 PM
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#29
- Papi_Chulo
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Miami just sprawls out for miles beyond its actual city limit..they pulled data from some.limited area
Florida is far far cheaper than NYC that's not even up for debate. The very idea that it's more than NYC is absurd
This is article just propaganda to keep business execs in NYC, it wont work
NYC has city income tax on top of state taxes
Florida is far far cheaper than NYC that's not even up for debate. The very idea that it's more than NYC is absurd
This is article just propaganda to keep business execs in NYC, it wont work
NYC has city income tax on top of state taxes
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3 days ago, 03:48 PM
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#30
- SoutheastBeast1
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Originally Posted By Jaydubs⏩
NYC is definitely garbage but lol at any of you thinking Miami is nice. Just another liberal cesspool that all of you claim to hate but then prop up as amazing like all of the other liberals out there fantasizing these big cities that in reality are all straight trash.
This.
Miami is basically a real life Grand Theft Auto experience
Go ahead and move there if you don't believe me though. You'll get everything you deserve and more. Enjoy having this as your Mayor
"One day I won't be able to lift any more. Not I won't want to lift. I mean physically unable. That day could be decades from now or it could be tomorrow. All I know is that's the day I'll wish I could lift more than ever. The day I'd give anything for one more workout, one more set, or one more cardio session. So go hard and enjoy every workout, every set, every rep. Because one day you will wake up and you will never get it back."
-SoutheastBeast1
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