Miami Now Costs More Than NYC | Miami News

Miami’s now officially more expensive than New York City, with costs soaring 36% since 2019 — making it the second most expensive city in the U.S. after San Francisco. While everyday residents struggle with skyrocketing prices on everything from groceries to private school tuition, billionaires like Jeff Bezos and Elon Musk are flocking to the city, turning Miami into a luxury hotspot. Salaries haven’t kept up, but demand for housing remains high — reshaping the city into an increasingly exclusive place where only the wealthy can afford to live. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/dbe461a4a2748264