Cost of Living in Miami
How much does it cost to visit Miami? Daily budgets, accommodation costs, and real price examples for 2026.
Photo: Ethan Robertson / Unsplash
Daily Budget Breakdown
Budget
Hostels, street food, free attractions
USD 120
per day
Weekly: USD 840
Monthly: USD 3600
Examples
- 🏨Hostel dorm bed at Freehand MiamiUSD 45
- 🍽️Cuban sandwich from Versailles BakeryUSD 15
- 🚌Day pass on the Miami Trolley and MetromoverUSD 5
- 🎟️Explore Wynwood Walls and street artUSD 0
- 🎟️Relax on South BeachUSD 0
- 🍽️Dinner at La SandwicherieUSD 20
- 🎟️Visit the Vizcaya Museum and GardensUSD 18
- 🚌Ride share to WynwoodUSD 12
Mid-Range
3-star hotels, restaurants, guided tours
USD 250
per day
Weekly: USD 1750
Monthly: USD 7500
Examples
- 🏨Standard Queen Room at The Betsy South BeachUSD 150
- 🍽️Brunch at Yardbird Southern Table & BarUSD 40
- 🚌Day pass on the Miami Trolley and Metromover plus a few Uber ridesUSD 20
- 🎟️Explore the Art Deco Historic District on a guided tourUSD 30
- 🍽️Dinner at Joe's Stone Crab (seasonal)USD 70
- 🎟️Visit the Pérez Art Museum MiamiUSD 16
Luxury
5-star hotels, fine dining, private tours
USD 600
per day
Weekly: USD 4200
Monthly: USD 18000
Examples
- 🏨Ocean View King Room at The Setai Miami BeachUSD 500
- 🍽️Fine dining lunch at Carbone MiamiUSD 150
- 🚌Private car service for the dayUSD 200
- 🎟️Private yacht charter for a sunset cruiseUSD 400
- 🍽️Gourmet dinner at Stubborn SeedUSD 250
- 🎟️Spa treatment at the hotelUSD 150
Cost by Category
accommodation
$70 - $200+
food
$40 - $100+
Transport
$10 - $30
activities
$30 - $150+
Cost by Neighbourhood
| Neighbourhood | Budget Level | vs City Centre | Best For |
|---|---|---|---|
| South Beach | Luxury | Higher | first-timers, couples |
| Brickell | Luxury | Slightly Higher | digital nomads, luxury |
| Wynwood | Mid-range | Average | culture, foodies |
| Coconut Grove | Mid-range | Average | couples, families |
Money-Saving Tips for Miami
🏨 Accommodation
- Stay in budget neighbourhoods outside the tourist centre
- Book apartments for longer stays (weekly discounts)
- Travel in shoulder season for lower hotel rates
- Compare prices across multiple booking platforms
🍽️ Food & Drink
- Eat where locals eat, away from tourist hotspots
- Try street food and market stalls for cheap eats
- Buy lunch specials instead of evening meals
- Cook some meals if your accommodation has a kitchen
🚌 Transport
- Buy multi-day transit passes for unlimited travel
- Walk between nearby attractions to save fares
- Use public transport over taxis where possible
- Book airport transfers in advance for fixed prices
🎟️ Activities
- Take free walking tours (tip-based)
- Look for free museum days or discounted hours
- Book tours and activities online for lower prices
- Explore parks, markets, and neighbourhoods on foot
Find the best hotel deals in Miami
Compare prices from USD 120/night across thousands of hotels.
We earn a small commission if you book through this link, at no extra cost to you.
Found your hotel in Miami?
We search 30+ sites including members-only platforms like Secret Escapes and Voyage Privé. Most people save 14-23%.
FAQ: Miami Costs
How much does it cost to visit Miami?
Budget travellers can visit Miami for around USD 120/day (USD 840/week). Mid-range travellers should budget USD 250/day, while luxury travel costs around USD 600/day.
Is Miami expensive?
Miami is on the expensive side. Budget travellers need at least USD 120/day. Consider staying in budget neighbourhoods and eating at local spots to save.
How much should I budget per day in Miami?
For a comfortable mid-range experience in Miami, budget USD 250/day. This covers a decent hotel, meals at sit-down restaurants, public transport, and a couple of activities.
What is the cheapest way to visit Miami?
Budget travellers in Miami can get by on USD 120/day by staying in hostels or budget hotels, eating street food and local restaurants, using public transport, and choosing free walking tours and public attractions.