Miami Real Estate – Living in Miami

A lively place that is charged with the energy of the Caribbean waves, Miami is a combination of city sophistication and seductive beaches. With world-class shopping, restaurants serving culinary seafood delicacies, a colorful arts scene, sports shows, and plenty of family-friendly attractions, Miami is considered one of the most versatile metropolitan destinations in the country. Living in Miami has a lot to offer, not to mention the vibrant tropical climate. If you are led to think that the only way to enjoy all these extraordinary benefits living in Miami would cost a great fortune, you are wrong. In fact, the cost of living in Miami is considerably cheaper than in many other major cities such as New York, Boston, San Francisco, Chicago, and Seattle. In a dataset presented by Homefair.com, which lists cities according to how much salary they need to earn to achieve the same standard of living, Miami fares well at $ 51,924 far lower than New York at $ 96,204. Those who compete on the cost of living in Miami, such as Atlanta, Seattle, Indianapolis, and Phoenix, do not offer the vibrant climate, dynamic business centers, and scenic attractions that Miami offers.

Additionally, Miami’s sales tax is lower than the national average. There is no state income tax or local income tax in Miami, definitely a cost savings. A beautiful home in Miami will cost you less, as will property taxes, car insurance, and electricity. By living in Miami, you will spend even less time commuting to work than in other busy major cities. In general, you will spend less on things that are not fun if you live in Miami. Therefore, you will have more money and time to spend on the things that are.

While Washington, DC has the federal government and Los Angeles has the film industry, Miami has its beaches. Tourism can legitimately be viewed as Miami’s “city business”. Another of them would be the international business of Miami, especially with Latin America. This reflects the wide range of nationalities among the people in Miami, many of whom are first-generation Americans. Living in Miami is about having all the excitement of living in an international city. Miami has more nationalities than you can imagine if you live elsewhere in the United States. Many more people in Miami speak Spanish than English as their primary mother tongue. It is also relatively common to hear people speak Creole, French or German. Tourism, international banking and very strong ties with Latin America are what make this city intensely diverse. Living in Miami is like living in a melting pot of cultures and is therefore a very appropriate place to learn different languages, as well as different traditions and ways of doing things.

Living in Miami Beach is highly recommended for young and single professionals. Miami has a superfluity of restaurants, nightlife, places to hang out, and different people to see and meet. For married people with children, experts recommend considering places like Kendall, Coral Gables, and Pinecrest. Pinecrest has a reputation for having the best public schools in the Miami area and is therefore very conducive to children who are going to start studying.

Traffic in Miami is as heavy as traffic in other major cities. The flow of vehicles moving downtown can take you about an hour to drive about 15 miles, however this is fairly typical at rush hour. As a tip, longtime Miami residents suggest to newcomers that they try to find a place to live close to where they work. This is not that difficult to do because less expensive places can often be found “nested between very expensive buildings.”

For professionals, the fact that you see people in swimsuits more often than in other parts of the country does not mean that the business attraction is casual. The good news is that special considerations are made for hot weather. For example, male lawyers wear suits, but can remove their jackets when temperatures rise.