Cost of living in Miami for Students

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Miami is a city in Florida, US, famous for its strong Cuban cultural influence, beaches, weather and diving sites. It is one of the world’s top tourist destinations, but at the same time, this place is also a student hub.

How is Miami a student city?

Miami is the perfect place for students as it is the cultural melting pot offering students to explore and thrive in this exciting place. Students can enjoy life with various dining options, entertainment, cultural exposure, etc. and improve their education.

Is Miami a safe city for students?

Being the seventh largest city in America, and with such a huge amount of visitors and students studying in Miami, it is a safe city to live in and study. Like any other city, you must be mindful of your belongings and stay safe wherever you are.

What is the cost of living in Miami, Florida?

The cost of living in Miami is much cheaper than living in New York. The average cost is $2,051 per month excluding tuition fees. The cost of student housing in Miami is $1,605 food is $120 while transportation will come to $139 per month.

For more personalized information, use our cost of living calculator to estimate your desired area’s average cost of living. Please bear in mind the cost of living will depend upon your lifestyle.

Before we list the details of the cost of living in Miami, let’s summarize its cost.

Expenses	Cost (Average)
Average Tuition Fees	$27,000 – $56,000 / Year
Accommodation	$1,111 – $2,705 / Month
Transportation	$139 / Month

How much is the tuition fee in Miami, Florida?

Miami is home to The University of Miami is ranked #55 out of 443 National Universities (US News). It is also home to many other prestigious universities. Therefore, the tuition fees will depend upon the type of course and university you choose to study. We only list the average cost of fees for UG and PG programs. Please check in with your interested university for the tuition fee.

Undergraduate Tuition Fee	Post-Graduate Tuition Fee
$50,000 – $56,000 / Year	$27,000 to $45,000 / Year

Is it expensive to live in Miami?

The cost of rent is expensive in Miami but less than in New York. But with student accommodation coming into the picture, students can avail themselves of affordable accommodation. There are three types of student accommodation in Miami which are listed below. We have briefed and given an average cost for the types of accommodation. For more information, visit our student accommodation page.

1. Student Housing

Student housing is a private accommodation designed to meet the needs of the students. They are usually located near the campus buildings. Students choose to stay in this accommodation type because it offers privacy and independence. They offer a wide range of rooms which are fully furnished and equipped with modern amenities.

Most of the accommodations are at a distance of under 3 miles. While the ones outside of the city center are upto 20 miles.

Student Housing	Price
Ensuite/ Studio	$1,111 – $1,605 / Month

2. Private Apartment

Private apartments are ideal for students because they are safe, students can choose rooms, offer more privacy, etc. It is located close to campus buildings and is more affordable. Students are provided with modern amenities and a sense of community living.

Apartment	Price
Private	$1,986 – $2,705 / Month

3. University Halls

University Halls are designed for students who want to live within campus buildings. They have the advantage of providing everything without leaving the campus. Students can choose to stay in a shared room or a single room. They can also opt for catering services. There’s a shared kitchen, bathroom, and living space. Staying in uni halls has less privacy.

University Hall	Price
Ensuite/ Studio	$700 – $1,600 / Month

Is food expensive in Miami?

The cost of food in Miami will depend upon your eating and spending habits. The prices can vary on location, too; the average cost of food in Miami will come to about $25 per day. Breakfast and street food are usually cheaper as compared to meals. If you can cook at home, that will save you a lot of money! The average cost of groceries monthly would come to $350.

What is the cost of electricity bills in Miami?

The cost of electricity will depend upon various factors such as the size of the accommodation, no of occupants, energy consumption, etc. The cost of electricity can also change over time. Remember, the electricity bills are usually higher during summertime as it has a hot and humid climate. The cost of electricity bills in student housing will be included in the rent.

What is the easiest way to get around Miami?

There’s a metro bus you can take around the city that covers more than 95 routes. The Department of Transportation and Public Works offers a discounted one-month college mobile pass. It costs $56.25 and is valid to use on Metrobus and Metrorail. As for metro mover, it is free for all!