Asking Strangers: How Do You Keep Your Cost of Living Low in Miami? (inflation, rent, expenses)
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- čas přidán 4. 11. 2022
- If you have been on the fence about moving to Miami, this video is for you. A subscriber (shoutout to Aishwarya!) was curious about how people make ends meet while living in the emerging city of Miami. We thought this was an important topic to cover, especially now that Miami is considered the most expensive city to live in in the USA.
Watch this video to hear strangers' impressions about living in the 305. Some even give valuable financial advice and insider tips on where people should move to save $$$ and more.
Do you think it is worth it to move to Miami? Let us know in the comments what you think.
Let's Connect!
IG: @beyondthebeach_
FB: Facebook.com/beyondthebeachmiami
Email: beyondthebeach100@gmail.com
IG for Videographer: @kendricd_
#askingstrangers #interview #financialadvice #budgeting #budgetingforcouples #miamiflorida #miamilifestyle #miamiliving #southflorida #movetoflorida #budgettips #costofliving #howmuchdoesitcost #movingtomiami #miamidade
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You two should do a video asking locals about what they do for a living down here. What is the best neighborhood to live in? I think transplants will say downtown, Brickell, mid town etc. Natives might say something else. Hit up some of the events coming up. Favorite beaches, restaurant, negatives of living here besides rent lol.
I love it! Thank you for the comment!
@@beyondthebeach_your girlfriend is cute
As a native I’d say Coral Gables is the best place to live. Safe area with a bunch of nice bars and places to eat. Also the city itself is always trying to host events. Only 15 minutes away from Downtown and you can take the metro rail to get there which is a lot cheaper than parking/Ubers. Really don’t need a car in the area if you find a job there as well. Pricey but not as crazy as places like Edgewater and Brickell. More down to earth people who aren’t trying to spends bands every night to flaunt their wealth lol.
This video is so intriguing because wages are so low in Miami and Florida in general
Yes, we agree. And we believe that wages should be higher. Even us are using CZcams to create a side business so that we can increase our household income. You have to fight to make it now and days.
How much do you make a year?
. Great video Ahhh I remember when Miami wasn't expensive, Brickell was nothing but banks and like 3 apartment complexes, Wynwood was nothing but overtown 2.0 & had nothing but warehouses, and the hottest mall in Miami was the omni international mall(Biscayne Blvd & 17th Street) . Ahh the 90s and very early 2000s...what a time
The good ol days..
I live in my Toyota Prius in Miami Beach. It’s a luxury lifestyle without the luxury price tag. And maximum freedom
This video was so honest and informative! Kyle was cracking me up with his bluntness too
Guy with the glasses spittin facts he cracked me up
Shout out to Kyle!
The problem with Florida it's one of the lowest pay rates in the country and they keep raising costs...so for local income it's expensive but for remote workers with California or New york pay rates and now you have no state. taxes so you keep more of your pay it's lovely......the homie from L.A kept it 1000%%%% west up!!!lololol
That is true. I just did research on your comment and the state of Florida's annual minimum payment increase based on cost of living restarts in 2026. This is due to a Constitutional amendment created in Florida on 2004. As an example, here are the state minimum payouts in the future:
$12 eff. 9-30-23
$13 eff. 9-30-24
$14 eff. 9-30-25
$15 eff. 9-30-26
Got a little carried away with this, but nevertheless, yes it costs a lot to live nicely in Miami. Simply because the market price is high.
What are the living cost like in L.A? I recall LA being pretty expensive too.
@@beyondthebeach_ All good bruh...yeah that's why cali raised the min wage to $15 an hour now 2023 will be $22 and hour.. the cost of living is crazy and on top of it, we have the largest. state tax in the country ...my 6 fig income they take out over 5 grand a month now imagine an extra 5 grand a month in Miami ...once I move there plus my income is high for FL...this is why so many tech and businesses are moving from Cali to texas and some of my fellow tech heads are living in Miami because the cost is lower keeping all. your state income it's a win...when I say lower I mean Miami can be expensive, but you get more space for it compared to L.A/NYC.. the places I'm looking at in Mid-city /Edgewater overviewing the water go from 1,900.-2,600 for a view of the water in lux apartments in L.A You looking at 4 racks starting that's a studio
I was born and raised in Miami and I worked a pretty decent job however rent was so high there was nowhere to afford so I literally had to move to a whole another state otherwise I would be working but I have nowhere to live. It's crazy expensive and most of these people either have roommates or they have high paying jobs other than that you have to move to like Jacksonville or Tampa or Tallahassee or maybe even Orlando just to find something somewhat decent
Living in Miami all my life. How do. I survive? 4 for 4 at Wendy’s and I live in a 2 bedroom with 6 people. Living the dream
Be born to a wealthy family in a semi-rural area with cheap land where your family owns the land between generations. Use your intergenerational wealth to go to school for law, business, or computer sciences. Develop a nauseating consumerist lifestyle. Move to Miami while "working from home" making over six figures.
😂😂😂lets gooooooo!!! Ayy gotta make it do what it do
Loved this interview concept! Something I took away is if that lady who’s a lawyer & her husband who owns a business is saying it’s expensive, then it’s expensiveeeeee I’m pretty sure if they weren’t tied down to their business’s they probably would have left. I like the up north suggestion for people who want best of both worlds. Miami isn’t so far from Aventura or Ft Lauderdale.
Yes I totally understand what you are saying. And moving a little North of Miami is a really great idea. Fort Lauderdale and even Baca Raton are beautiful places and are right in the thick of everything.
Like someone commented above, this was a great video but the best way to figure out how they’re affording to live there is to ask their occupation and what neighborhoods they’re in.
Thank you for your feedback and for watching! We look forward to revisiting this theme and adding more context for our community.
That’s an awesome video man thank you for interviewing these folks.
Thank you so much @adnan_velic We are truly happy that you enjoyed this. Anything that you think would make this a better video?
I know what it is to "survive" in Miami-Dade as a Middle class and not be able to fully enjoy all what it has to offer? This time I'm going straight to where I like the most since the time I grew up there, Coral Gables or the Grove🌴🌳
Loved this. Insightful.
Thank you for watching the video, Lia! We really appreciate it ☺️
Great video guys! Keep up the good work.
Thank you so much!
you didnt really ask them what they do for a living or how much they make, I mean I know thats personal but the video does say "how they afford living in miami" so I expected details lol. I mean are they all entrepreneurs or do they work a regular 9-5?
That’s what I’m tryna see too
Very few entrepreneurs. Many people here are living 6 in a two bedroom or 4 in a one bedroom condo at the icon. They all lease their Hyundais and work regular jobs as severs. Although when you meet them on the street they call themselves “working professionals” and by that they mean they have a real estate license and are just waiting to sell a home they aren’t even listing to collect a check for $7k so they can continue to pretend they’re rich. Miami is by far the fakest city in the entire world.
You are so right. We will work on that. Thank you very much for the feedback!
@@Jacknortonnn I agree with you!
The problem from what I’m hearing is that everyone is renting except that one couple. That’s fine short term but long term, you need to be able to afford a home or you will just get priced out!
I'm just trying to increase my income to $6000.-$7000, to make the move back out there!🏡
A one bedroom is $3k minimum. What do you plan to rent, an efficiency for $1k/month?
@@dana.4146 3k is a monthly salary of a average person of the netherlands. How tf would we be able to live in miami than?
@@dana.4146 lol 1 bedroom is $2000-$3000 not starting at $3000
You can’t make it work. Unless u have roommates. The average person with an average job can not make it work themselves. That’s not the American way.
Fucking facts bro that’s how I was able to afford to live in Miami Brickell this year with 3 of my roommates no cap
Very true, and even when I lived in NYC, I lived with roommates.
It depends on what you do for a living!! Someone that is lazy!! And expect easy money!! Not having a stable job!! No you won’t pay your bills!!!
Was about to say 2800 a month and thats cheap?? Here in the netherlands the average people have 2800/3000 month salary... and thats as a 30 year old... bro how should we be able to live in miami then loll
I live in Jacksonville an I can barely make by my been here going on 3 years the 2-3 year is geting harder to the point where I’m about to move in with a roomate
Thanks for making the video! I now live here LOL and love it
@aishwaryathakur8818 That is awesome! We moved here 7 years ago and it's being great living here. It's really easy to make friends. Is there anything you would like us to make a video about?
whats ur Instagram Aish
Great content
Your video very good 👍🏽 I’m thinking about to move there but not sure. I want to understand cost of living more how much for normal restaurant thing like that.
Got it, thank you for that feedback and good luck on your move. There are many, many restaurants in Miami. There are many opportunities to find great restaurants that are not overpriced.
Kyle is funny 😂😂😂 I’m getting over Miami
I loved Florida is 2007 rent was 800-1200 😢
WOW! What a time. Let’s run it back 🤣
Georgia does have a beach, in fact it has many beaches as it’s a Coastal state. That woman must mean Atlanta.
really interesting and scary ehe.. great work guys
Thank you!
😂 Terrifying. But rent HAS decreased in the last few months I've been looking. Nothing like 2015 though
I'm here in Miami Florida a Miami native the Miami natives a being moved out for tourists it's kinda sad
5:21
This guy gets it. Gotta know those percentages
$2,800 for rent being "cheap" compared to $5,000k -- both are insane! -- my monthly income is about that rent price and my mortgage is 1/6 of that.
We totally agree with you.. FYI our current rent is going to increase by $700 in 2024. Miami is getting a little out of hand with the rent prices.
3% cost of living pay raise with 9%+ inflation! Doesn't make sense and that's why inflation is going coming down/drop.
Do it in Collins Avenue.
Haha that is a great idea. We will defiantly do something there! Thank you for the comment!
Is that Sarah Silverman the comedian at 2:42 😅 coulda swore that is her lolo haha I appreciated dude honesty about not living in Ohio don't it sucks here. I finally visited Miami last month loved the energy and culture, but is seems too expensive
Haha that would be so funny if it was her. But yes, we did get some great perspectives in this video.
Where can i get a remote job that pays me 80k?
Start learning about Affilate marketing my friend. What is what we are trying to learn to gain freedom just like you. Once you make that $80K, come to Miami ;)
insurance customer service or agent. I had zero experience and they started me at 60k remote unlicensed. Get your property and casualty license in like 30 days and you can eventually make 80k+ and look at commercial insurance boats etc
To the 1 talk the most most smoke bout Miami boy we on yo a$$
I live with my parents 😂 ngl
Bro what.. 2800 a month is cheap... wtff here in the netherlands a normal months salary is 3000💀💀 how tff are we able to live in miami than lol😊
Thanks for sharing! It is interesting how the cost of living vs salary varies place to place. How do you enjoy living in the Netherlands?
@@beyondthebeach_ yea its interesting. I like the netherlands but its a bit boring over here. Not a lot of big citys not the best nature etc.. i would love to visit miami 1 day tho
If u ain't making 60k a
a year atleast in Miami living by yourself then u strugglin
Ask actual locals!! 😂
haha yes!!
Dude with the hat is a whole mood killer by being so judgmental smh like who complains about a beach not having a tide????? 🤦🏽
Normal people do that. I guess you are a kid don't realize the nuances of the ocean like not wanting it to be hot on a hot day
Next time you should go to little Havana, overtown or liberty city
I live in lil Havana, it smells and homelessness everywhere
We would love to film videos in those locations!
Lol the Aventura guy is so full of him self
😂
Wow lets see who you are so we can all judge
Definitely
It’s crazy now. Things in 2015 were absolutely different. At that time you could find Studios for 600 usd, 1bd apts for 800 and 2bd apts for 1200. But now in 2023 you can hardly find studios (max 2 people) & efficiencies (only 1 person) for 1200 usd, a 1bd apt gor 1800 usd and 2bds for 2,200 usd. It’s crazy. The minimum wage is 11 per hour. A person working full time at 15 usd per hour can’t live alone. It’s simply impossible to survive. And besides the rent all the food cost the double than two years ago. It’s time to leave this city. It has being invaded by rich people from Commifornia and New Yuck. We lost.
It's even crazier, homestead is almost just as bad with the rent.
Rent is slowing dropping thanks to these types of videos. Make it known!!