Top Reasons when Moving to Miami – Beaches, Nightlife, and Cultural Diversity
Moving to Miami – A Guide to Opportunities and Lifestyle in Florida’s Vibrant City
According to the report of Southwest Journal, Miami, Florida, is a sunny paradise famous for its busy beaches, exciting nightlife, and mix of cultures. With 70% of its people being Hispanic and 57% born outside the U.S., it’s a true melting pot. As the third most popular city in the eastern U.S. and the seventh-largest in the country, Miami draws over 40,000 people each year from South America and the Caribbean. The city is also a big center for international trade, finance, and arts, offering lots of opportunities. Its warm weather and vibrant culture make it a top choice for those looking for adventure or a fresh start, making Miami an energetic and exciting place to live.
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20 Things To Know Before Moving to Miami, Florida in 2024
Miami at a Glance
Population: 454,279 in the city, 2.76 million in Miami-Dade County. 70% Hispanic, 57% born outside the U.S. It is named after the Mayaimi tribe. It was founded by Julia Tuttle, the only major U.S. city founded by a woman. Major industries: finance, commerce, arts, and international trade.
Cost of Living
Moving to Miami comes with higher costs compared to other places. On average, living costs are 14% above the national average, with housing costs being a notable 44% higher. For monthly expenses, you can expect to pay around $165.31 for energy, $3.51 for a loaf of bread, $107.39 for a doctor’s visit, and $2.93 per gallon of gas. Renting a place in Miami isn’t cheap either; a one-bedroom apartment costs about $1,639 per month, while a two-bedroom goes for around $2,141. To live comfortably, you would need an annual income of $65,560 for a one-bedroom apartment or $85,640 for a two-bedroom. However, the median income in Miami was just $44,268 in 2020, highlighting the financial challenge for many residents in this vibrant city.
Migration Trends
Many people are moving to Miami from New York, Chicago, and Boston. Some Miami residents move to Orlando, New York, and Atlanta.
Tax Perks
In Florida, residents enjoy a significant tax break with no personal income tax or sales income tax. However, property taxes are slightly above the national average. Additionally, there is a 6% sales tax on goods and services.
Public Transportation
Metrorail, Metromover, and Metrobus are cheap and eco-friendly. Fares: $.10 for a shuttle bus, up to $2.25 for other services. Annual transportation costs: $5,113 for a single adult, and $9,378 for a family.
Beyond the Beaches
Locals enjoy art galleries, Calle Ocho, and shopping.
Fitness Lifestyle
Fitness is a big part of life when moving to Miami due to the year-round warm weather and trendy scene.
Weather Challenges
When moving to Miami it has humid summers and is prone to hurricanes. There’s a 16% chance of a hurricane each year.
Central Air Conditioning
Buildings are very cool inside, so carry an extra layer.
Traffic
Heavy traffic with an average 56-minute commute. Public transport can help avoid traffic jams.
Relaxed Time
“Miami time” means things often start late. Punctuality is flexible.
Cafecito Time
At 3:05 p.m., locals enjoy a sweet Cuban coffee break.
Non-Stop Nightlife
When moving to Miami it has a 24-hour liquor license, so nightlife never ends.
Greeting Style
Cheek kisses are common, sometimes even double-cheek kisses.
Wildlife
When moving to Miami beware of flying cockroaches (Palmetto bugs), spiders, snakes, and alligators.
Festivals
Calle Ocho/Carnaval in Little Havana is a big celebration of Cuban-American culture.
Spanish Language
30% of Miamians only speak Spanish; 60% are bilingual. Knowing some Spanish is helpful but not essential.
Budget-Friendly Activities
Enjoy art walks, free museum days, and free movies at the New World Symphony.
Fashion
Dress up in Miami; casual attire is usually not the norm.
Miami vs. Miami Beach
They are different places with separate governments and mayors. Miami is known for nightlife and Miami Beach for its sandy shores.