November 28th, 2023
Living in Miami, FL
Thinking about moving to Miami, FL? You're not alone. More than 1,000 people per day are relocating to Florida!
Miami, Florida, is a city of warm weather, pool parties, popular beaches, and exciting nightlife. Known as the third most popular city in the eastern United States and the seventh-largest city in the country, the Miami lifestyle attracts thousands of residents and visitors yearly. Over 40,000 people move to Miami annually from South America and the Caribbean alone. In an international city, 70% of its residents are Hispanic, and 57% are from another country. Praised for this diversity and vibrant culture, the city of Miami is truly magical.
A leader in international trade, finance, and the arts, this city has a lot of opportunity and potential. People are making the move for many reasons, not the least of which is that living in Florida offers the sunshine many crave. Whether you're moving to Jacksonville or Tampa, Florida is the place to be — one city that is particularly attractive to many is Miami.
Experiencing rapid growth, Miami is the perfect destination for those looking for an adventure or a fresh start. If you are considering moving to Miami, Florida, you have come to the right place. With this guide, our team hopes to make your decision easier while making any newcomer feel like a local. Read more about the 10 Things to Know BEFORE Moving to Miami, Florida.
Expect Many Tourists
When moving to Miami, do not be surprised when your friends and family want to visit your new home. In 2022, more than 26.5 million tourists visited Miami. This record-breaking number and continued large amounts of tourism play a huge role in the city's economy. While the tourism industry may be great for local businesses, residents will have to get used to the fact that visitors will always be in their city.
The city tends to be crowded year-round since Miami is such a hotspot for its warm weather and party atmosphere. Many tourists from northern states visit the area, especially during spring break and the winter months. Meanwhile, international travelers from Canada, the UK, Brazil, and Columbia visit often. Regarding tourists, Miami is a relatively safe city to visit, and it is worth the trip.
Miami is Affordable, But Jobs Pay Less
While the cost of living in Miami is about 21% higher than the national average, it is still relatively affordable considering its location and popularity. Additionally, those living in Miami will experience the benefits of living in Florida, such as Florida's no-state income tax. Not only will residents be able to buy things at a reasonable price, but food, car rentals, and other products and services can be purchased without breaking the bank. Depending on which area of Miami you decide to buy a home, housing prices and apartment rentals can also be affordable.
Before moving to Miami, ensuring you have a job might be a good idea. To live comfortably in Miami, it is recommended that residents make up to $77,000 a year. The average rent for a one-bedroom apartment is about $2,438 a month. One important thing to note is that while the cost of living may be relatively affordable, job payment in the city is low. Due to a combination of factors, the low-wage mentality affects both part-time and full-time employees. Only 3.1% of jobs in the Miami area pay employees six figures, while a recent study found that 63% of jobs in Miami pay less than the national median wage.
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*Data Sourced from Payscale.
You Might Want to Learn Spanish
Speaking Spanish in Miami is unnecessary to live here, but it will certainly be useful. Since most of the population of Miami is originally from Spanish-speaking countries, being bilingual is an advantage. Spoken by 67.5% of the population in the city, it might be a good idea to know a word or two. Even if you only know a few simple words and phrases, it may help you easily fit in and meet more people. The more that you practice it, the easier it will become. Make your high school Spanish teacher proud and flaunt your skills.
There Are More Than Just Beaches to Enjoy
Famous for its crystal blue waters and white sand, Miami has 16 great beaches. If you know anything about Miami, you probably have heard of Miami Beach and the infamous South Beach. Miami Beach is safe for visitors and tends to get crowded. While Miami Beach has more of a party atmosphere, it can also be kid and family-friendly. Meanwhile, South Beach is located on the southern tip of Miami Beach and is the international beach of the city. Home to various models and celebrities, South Beach can get wild, so prepare for overpriced drinks and expensive meals.
While the beaches may be the hot spot for tourists, residents tend to avoid these popular areas as much as possible. This includes South Beach. Not only are the beaches far from residential areas, but residents prefer to spend their days at the less crowded beaches or decide to ditch their swimsuits altogether. For a more laid-back atmosphere, catch the locals at Crandon Park, which has the clearest water in Miami alongside a relaxing atmosphere. Step away from the shells and sand and check out one of the many things to do in Miami that do not require the beach. Explore these local favorites:
- The Vizcaya Museum and Gardens: Built in the early 1900s, this Italian villa was the home of millionaire and executive James Deering. Now a National Historic Landmark, visit this mansion and garden full of antiques and history.
- The Venetian Pool in Coral Gables: Only $20 for the whole day; take a dip and cool down in this beautiful Mediterranean-inspired pool. There are even waterfalls.
- Zoo Miami: The oldest and largest zoo in Florida, this zoo is a cage-free animal experience featuring over 750 acres and 3,000 animals to admire.
Many Businesses Stay Open Late
If you are prone to being late, you are in luck because, in Miami, being late means you are on time. Miami is a big city, and there is a lot of traffic. As part of the Miami lifestyle, locals hardly ever make it anywhere on time. So, if you are meeting someone for dinner, do not be surprised if they are running behind. On top of the residents running late, businesses do as well. Many restaurants, bars, and popular tourist destinations stay open later than in other cities. Remember that with the COVID-19 pandemic, businesses and attractions may have different hours and rules. Before making plans, it might be a good idea to check with businesses first.
Prepare to Party
Two words: Happy hour. Miami is perhaps the most renowned for its party and nightlife scene. If you love dance halls, intimate lounges, hip rooftop bars, and hot nightclubs, then Miami is the city for you. There is always a party to attend and something fun to do at any hour of the day and a club to dance the night away at. Not only are the clubs a place to have fun, but they are the perfect spot to meet new people.
There is no better way to become acquainted with your new city than to become a part of this Miami tradition. Since the nightlife scene is so big, many bars and nightclubs stay open until five in the morning. Check out the nightlife scene at these favorites:
- Basement Miami Beach: Found inside the Edition Hotel, the Basement is a bar, dance club, bowling alley, and skating rink all in one.
- Sweet Liberty: Prized for its drinks and casual setting, try the Collins Park cocktail, a classic locals love.
Pay Attention to the Weather
Get ready to crank the air conditioning. Much like the rest of Florida, Miami is hot. Considering the tropical monsoon climate, moving to the area means expecting lots of heat and humidity. Miami may be your dream destination for those who love warm weather since winter is so short. January is the coldest month, and even then, it does not get very cold since the average high temperature is 73 degrees and the low is 65 degrees.
Summer is known to belong, but remember that the muggy rainy season is from June through September. The downside of this amazing weather is that Miami is prone to flooding. Due to the rising sea levels and large amounts of rainfall during the rainy season, residents, unfortunately, always have to live with the risk of flooding. When buying your new home in Miami, avoiding moving to a flood zone might be a good idea. If you buy real estate close to the water, do not underestimate good homeowners insurance.
Miami Loves to Make Fashion Statements
Fashion is Miami's middle name. Not only are the people of Miami good-looking, but they are also well-dressed. Celebrated for being an international fashion capital, Miami is constantly setting and inspiring trends worldwide. A well-known and beloved destination for designers, models, and fashion influencers to experience international fashion through Miami style. Set your own trends or be inspired by looks on the streets and at the beach.
Miami is also the destination for some of the most well-known fashion events showcasing local and international designers. Miami Fashion Week and Miami Swim Week are some of the most highly anticipated events in the city for the fashion industry. If you are a fashionista, you will love shopping at the unique boutiques and luxurious shops. For all of your designer needs, check out some of these Miami upscale shops and high-end boutiques:
- Miami Design District: This Miami shopping district spans a few blocks and features designer labels such as Dior, Prada, Max Mara, and Fendi.
- Bal Harbour Shops: A chic open-air mall, shop at Burberry, Prada, and Chanel while stopping at some of the best eateries in the city.
- The Webster Miami: This 20,000-square-foot three-story boutique is the most prestigious spot to shop luxury labels and designers from Givenchy to Burberry.
You Will Learn to Appreciate the Art Scene
The art scene in Miami is at the forefront of the city. Gifted artists, galleries, and exhibits thrive in this city of beaches and high-rises. The contemporary art scene can be admired in all corners of Miami, from South Beach to the Design District downtown. Since becoming a popular art destination, the culture of Miami can be described as cool and unique.
Bringing in thousands of visitors every year, Miami admires and celebrates the masterpieces of contemporary artists worldwide. In particular, Art Basal in Miami Beach has become an annual stop for artists and collectors. Featuring architectural, historical, and contemporary art and designs, Design Miami is another go-to in the area.
The Food is Amazing
With so much international influence, bold flavors and culturally inspired dishes make the food in Miami great. Since new restaurants seem to pop up in the city every day, there is always something different for any palette to enjoy. When in Miami, try the classic Cuban Sandwich at Enriqueta's Sandwich Shop, the Key Lime Pie at Fireman Derek's Bake Shop, or the Florida famous Alligator Bites at KUSH. Empanadas, stone crab claws, and flan are just some of the many other iconic dishes the Miami population has been enjoying for years.
Pros and Cons of Living in Miami
- Beautiful beaches
- Higher cost of living
- No state income tax
- Delicious food
- Tons of outdoor recreation
- High heat and humidity
- Many tourists
- Tons of traffic
- Natural disasters
Is it a good idea to move to Miami?
Moving to Miami is a great idea if you are looking for beautiful beaches, warm weather, vibrant nightlife, friendly locals, and an exciting food scene.
Is moving from NYC to Miami worth it?
Since New York City is one of the most expensive places to live in the world, New Yorkers could save money by moving to Miami.
Moving to Miami - The Bottom Line
Miami is a southeastern Florida treasure. Fun and wild, this breathtaking city is one of the most notorious cities in the state. Only a three-hour drive to Key West, Florida, and a one-hour flight to the Bahamas, Miami is centrally located in paradise. Before moving to Miami, you might want to stay updated on the latest fashion trends and brush up on your Spanish.
While you explore the beautiful city of Miami, Contact our realty specialists today to help you find your dream home in one of Miami's best neighborhoods. Our local Real Estate Agents are ready to help you find your next home in Miami.
Hi there! My name is Ryan Fitzgerald, and I am a REALTOR®. My goal is to help you learn more about real estate through our Real Estate Blog! Hopefully, you enjoyed the above blog post and it found a way to provide help or value to you. When you're ready to buy or sell a home of your own let us know here. Please feel free to join the conversation by dropping us a comment below.
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