Austin-Round Rock-San Marcos vs Miami-Fort Lauderdale-West Palm Beach

Cost of living comparison based on BEA Regional Price Parities. Miami-Fort Lauderdale-West Palm Beach is 16.4% more expensive than Austin-Round Rock-San Marcos.

What This Comparison Actually Tells You

The Bureau of Economic Analysis indexes Austin-Round Rock-San Marcos, TX at an overall Regional Price Parity of 98.1 and Miami-Fort Lauderdale-West Palm Beach, FL at 114.2, using the U.S. national average of 100 as the reference point. That puts Miami-Fort Lauderdale-West Palm Beach 16.4% more expensive than Austin-Round Rock-San Marcos on a blended basket of goods, services, and rents. The raw index gap of 16.1 points matters more than the headline comparison because it flows directly into salary-equivalent math that families use for relocation, job offers, and remote-work arbitrage decisions.

Inside the breakdown, Austin-Round Rock-San Marcos indexes goods at 93.8, services at 82.0, and rents at 120.4, while Miami-Fort Lauderdale-West Palm Beach comes in at 103.6, 97.2, and 155.6 on the same three categories. The rent line carries the largest weight in the BEA methodology, so a metro with a higher rent index almost always ends up more expensive overall - Miami-Fort Lauderdale-West Palm Beach carries the heavier rent load here, and that tends to dominate household budget experience on the ground.

In salary terms, a $100,000 income in Austin-Round Rock-San Marcos has the same purchasing power as $116,406 in Miami-Fort Lauderdale-West Palm Beach based on these indexes. The two metros serve populations of roughly 2,357,497 (Austin-Round Rock-San Marcos) and 6,138,876 (Miami-Fort Lauderdale-West Palm Beach), and median household incomes are $97,638 versus $73,481 respectively - so the right way to read this comparison is never the index alone, but the ratio of your expected local salary to the rent and services mix. For any serious relocation or remote-work decision, pair this BEA comparison with BLS occupation-specific wage data, HUD Fair Market Rent tables, and state tax treatment before committing.

Austin-Round Rock-San Marcos
98.1
Cost Index
Miami-Fort Lauderdale-West Palm Beach
114.2
Cost Index

Category Breakdown

Category Austin-Round Rock-San Marcos Miami-Fort Lauderdale-West Palm Beach Difference
Overall 98.1 114.2 +16.1
Goods 93.8 103.6 +9.8
Services 82.0 97.2 +15.2
Rents 120.4 155.6 +35.2

Visual Comparison

Overall
Austin-Round Rock-San Marcos
98.1
Miami-Fort Lauderdale-West Palm Beach
114.2
Goods
Austin-Round Rock-San Marcos
93.8
Miami-Fort Lauderdale-West Palm Beach
103.6
Services
Austin-Round Rock-San Marcos
82.0
Miami-Fort Lauderdale-West Palm Beach
97.2
Rents
Austin-Round Rock-San Marcos
120.4
Miami-Fort Lauderdale-West Palm Beach
155.6

Vertical line = national average (100)

Salary Equivalents

What a salary in Austin-Round Rock-San Marcos would need to be in Miami-Fort Lauderdale-West Palm Beach for the same purchasing power:

In Austin-Round Rock-San Marcos In Miami-Fort Lauderdale-West Palm Beach Difference
$50,000 $58,203 +$8,203
$75,000 $87,305 +$12,305
$100,000 $116,406 +$16,406
$150,000 $174,609 +$24,609

Use the salary calculator for custom amounts.

Metro Context

Metric Austin-Round Rock-San Marcos Miami-Fort Lauderdale-West Palm Beach
Population 2,357,497 6,138,876
Median Income $97,638 $73,481
Data Year 2024 2024

Frequently Asked Questions

Is Miami-Fort Lauderdale-West Palm Beach more expensive than Austin-Round Rock-San Marcos?
Miami-Fort Lauderdale-West Palm Beach is 16.4% more expensive than Austin-Round Rock-San Marcos. The overall cost index is 114.2 vs 98.1 (national average = 100).
What salary in Miami-Fort Lauderdale-West Palm Beach equals $100K in Austin-Round Rock-San Marcos?
A $100,000 salary in Austin-Round Rock-San Marcos has the same purchasing power as $116,406 in Miami-Fort Lauderdale-West Palm Beach. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Austin-Round Rock-San Marcos and Miami-Fort Lauderdale-West Palm Beach?
Rents in Austin-Round Rock-San Marcos are indexed at 120.4 while Miami-Fort Lauderdale-West Palm Beach is at 155.6 (national average = 100). Miami-Fort Lauderdale-West Palm Beach has higher rents.

Source: Bureau of Economic Analysis, Regional Price Parities (2024). Index where national average = 100.

Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial