Miami VS Stockholm

Cost of Living & Salary Comparison 2026

Miami
United States
80.1
COLI Index
#11
Global Rank
USD
Currency
Stockholm
Sweden
64.3
COLI Index
#34
Global Rank
SEK
Currency

Key Differences

Cost of Living
80.1
64.3
1BR Rent (USD/mo)
$2,500
$1,500
Total Deductions
21.4%
39.0%
Exchange Rate
1 USD = 9.1039 SEK
Is Miami cheaper than Stockholm?

Yes, Stockholm is 20% cheaper than Miami based on our cost of living index. Stockholm has a COLI of 64.3, while Miami has a COLI of 80.1. 20% cheaper

Key Takeaways: Miami vs Stockholm

Overall, Stockholm is approximately 20% cheaper than Miami based on our cost of living index. Miami has a COLI of 80.1 (ranked #11 of 182 cities), while Stockholm has a COLI of 64.3 (ranked #34).

When it comes to housing, one-bedroom apartment rent in Miami averages $2,500/month compared to $1,500/month in Stockholm. That makes Stockholm approximately 40% cheaper for rent alone.

Miami has lower total deductions (21.4%) compared to Stockholm (39.0%), meaning you keep more of your gross salary in Miami. When evaluating a relocation, remember that total deductions directly impact your take-home pay and should be weighed alongside cost of living differences.

Tax & Deductions Comparison

Full breakdown of mandatory payroll deductions for a mid-range salary as a local employee in each city.

Miami

Income Tax
14%
Social Security + Medicare (FICA)
7.6%
Total: 21.4%Take-Home: $47,210/yr

Stockholm

Income Tax
32%
Employee Social Fees
7.0%
Total: 39.0%Take-Home: kr 267,812/yr

Rates shown for local employees. Expat deductions may differ — use the main converter for personalized calculations.

Salary Equivalent

If you earn $75,000 in Miami, you would need approximately kr 548,110 in Stockholm to maintain the same purchasing power. That is 20% less thanks to lower cost of living.

Salary Comparison by Job Title

Estimated mid-level annual salaries in local currency, adjusted for each city's cost of living:

Job Title Miami (USD) Stockholm (SEK)
Doctor (General) $144,180 kr 1,053,687
Software Engineer $68,085 kr 497,575
Product Manager $80,100 kr 585,382
Lawyer $80,100 kr 585,382
Data Scientist $76,095 kr 556,113
Marketing Manager $57,672 kr 421,475
Teacher $38,448 kr 280,983
Nurse $46,458 kr 339,521

Salary estimates are adjusted by each city's COLI relative to the New York baseline. Actual salaries vary by company, experience, and industry.

Neighborhoods

Miami (Top 5)

NeighborhoodMultiplier
Key Biscayne1.35x (+35%)
Bal Harbour1.32x (+32%)
South Beach1.30x (+30%)
Brickell1.25x (+25%)
Miami Beach1.22x (+22%)

Stockholm (Top 5)

NeighborhoodMultiplier
Östermalm1.32x (+32%)
Norrmalm1.22x (+22%)
Gamla Stan1.20x (+20%)
Djurgården1.18x (+18%)
Södermalm1.15x (+15%)

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Frequently Asked Questions

Is Miami or Stockholm more expensive?

Miami is more expensive overall. Miami has a COLI of 80.1 while Stockholm has a COLI of 64.3, making Stockholm approximately 20% cheaper.

What salary in Stockholm equals $75,000 in Miami?

To maintain the same standard of living as $75,000 in Miami, you would need approximately kr 548,110 in Stockholm.

Is rent cheaper in Miami or Stockholm?

Average one-bedroom rent in Miami is $2,500/month compared to $1,500/month in Stockholm. Stockholm has lower rent by approximately 40%.

Which city has lower taxes, Miami or Stockholm?

Miami has lower total deductions (21.4%) compared to Stockholm (39.0%), meaning you keep more of your gross salary in Miami.

Explore Each City

Data Sources & Methodology

Cost of living indices (COLI) are benchmarked to New York City = 100 and derived from Numbeo and Expatistan crowd-sourced price surveys, cross-referenced with national statistics agencies. Rent data from Numbeo Property Prices.

Salary ranges are compiled from the U.S. Bureau of Labor Statistics (OES), Glassdoor, and PayScale. Tax rates are approximate effective rates for mid-range earners based on OECD Taxing Wages and national tax authorities. Exchange rates from the European Central Bank. Neighborhood multipliers are estimated from local rental indices and property data.

Last updated: 2026-02-28. Data is refreshed periodically. All figures are estimates for informational purposes only.