Miami, Florida is a beautiful area that boasts a population of over 6,215,000 people as of 2023. That’s a 0.87% increase compared to 2022, meaning about 48,000 people moved to this bustling, sunny metropolis from 2022-2023 alone.
But why are so many people choosing Miami as their new city of choice? Why did Redfin’s migration study rank Miami as the No. 1 U.S. City everyone is moving to?
There are plenty of reasons you should consider making Miami your next home! But this blog isn’t aimed at glorifying Miami – rather, it’s aimed at giving you helpful, contextual information to chew over if you’re considering moving to Miami.
Ready? Let’s dive into our top 5 “moving to Miami, Florida tips”!
1. Miami is Positively Packed With Culture & Activity
A vibrant culture that’s rich with Cuban influence. Nightlife ranges from mild to wild. A vibrant arts scene. A ton of some of the nation’s most beautiful tropical Atlantic ocean beaches with clear turquoise water.
These are just some of the major draws of moving to Miami, Florida. The long and short of it is that if you’re not finding something to do in Miami, you’re not looking hard enough! Boring is NOT a word we’d use to describe Miami.
2. Miami is Hot
Surely you know Miami as a sunny spot, but what is its climate really like year-round? Miami boasts a tropical climate. What does that mean? In contrast to other parts of the Sunshine State such as Orlando or even Tampa, Miami gets hotter and has more precipitation.
From June to September, Miami is hot, humid, and often rainy. From December to February, it’s drier and colder – but only relatively speaking. On the low end of the spectrum, Miami gets to the low 60s. During the day in the winter, it’s not uncommon for Miami to be 75 and sunny!
TLDR: If you’re looking to move to Miami, you should know how hot it is year-round!
3. Miami’s Housing Market is Hotter
According to 2023 data from Axios, the Miami housing market is hot:
- South Florida housing prices are expected to rise 3.4% in 2023
- Median home prices have reached $579,000
- Rents are projected to rise 6.3% next year in accordance with national trends
Moving to Miami in 2023? Goldman Sachs notes that the Miami metro area is one of “few major housing markets that doesn’t see a housing price decline in 2023”.
4. Miami is Affordable Compared to Other Major Metro Areas
Miami isn’t cheap. But it’s a lot less expensive than many other major cities such as New York, L.A., or San Francisco.
In the words of this Uphomes blog post, “While the cost of living in Miami is about 14% higher than the national average, it is still relatively affordable considering its location and popularity. Compared to other big cities such as New York City, the cost of living in Miami is 22% lower which is a pretty drastic difference.”
That’s compounded by the fact that Florida has no state income tax! That’s right: when you file your personal income taxes every year, you don’t have to file or pay any state tax! That saves both time and money!
That said, if you don’t work remotely, you will want to be aware that because of the cost of living in Miami, the pay can be on the lower side, statistically speaking.
5. Miami is Not Miami Beach
Sure, Miami Beach and South Beach are fun tourist destinations. But Miami proper, including the downtown area, is not the same as Miami Beach.
In fact, the greater Miami Metropolitan area is filled with at least twenty-three unique neighborhoods! From the artsy, Cuban-inspired enclaves of Little Havana to historic Coconut Grove and vibrant, bustling Brickell, Miami offers plenty of neighborhoods, each with its own unique personality and vibe.
Let Moving Squad Be Your Movers to Miami!
Now that you know more about the culture, neighborhoods, and cost of living in Miami, FL, we invite you to get in touch with us about moving to Miami!
Among many moving companies in Miami and beyond, Moving Squad is a premier choice! We are licensed and insured movers with over 50 years of experience, and we treat every transport journey as our own.