Miami Is Losing Its Claim to a Cheaper Cost of Living Than NYC

Posted by insert90

9 Comments

  1. submission statement: much of the discourse around housing affordability in the united states is around blue state policies; this article says that the miami area now has a higher CPI than even new york with residents being squeezed by a combination of higher property taxes and home insurance premiums.

  2. surreptitioussloth on

    All of you out Florida is like this

    I split time between palm beach county and dc, and I can get a newer, nicer apartment in a better location in dc for the same price

    And you don’t get cheap food/drink after that, the restaurants and bars are super expensive too

  3. Imagine having the choice and choosing to pay, NYC prices and then, having to live in Miami.

  4. Mojothemobile on

    I’m actually visiting Florida right now. And yeah cost of EVERYTHING has exploded since I was last here just a few years ago relative to most places.

  5. launchcode_1234 on

    >Six major hurricanes in the last decade and flooding even on sunny days have given Florida the highest home insurance premiums in the nation — an average of $8,292 last year, online marketplace Insurify estimates.

    Wtf

  6. >Six major hurricanes in the last decade and flooding even on sunny days have given Florida the highest home insurance premiums in the nation…

    Gosh, what could be causing this flooding even on sunny days and these major hurricanes? Can’t be climate change, because those words weren’t mentioned once in this article.

    I’ll never understand how anyone moving to Florida ever considered it a good long term financial investment.

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