Eating out in Miami isn’t simply robust in your pockets—it’s globally acknowledged as such. A brand new evaluation by Chef’s Pencil, utilizing cost-of-living and wage information from Numbeo, locations Miami 71st out of greater than 170 cities worldwide in terms of restaurant affordability.
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Miami is ranked as the most costly metropolis in the US to dine out.
The research in contrast the price of a mid-range three-course meal to the typical month-to-month web wage in every metropolis to gauge how reasonably priced consuming out is for locals. In Miami, a dinner for 2 at a mid-range restaurant averages $60, which represents about 1.4% of the typical month-to-month wage of $4,230. In comparison with different main U.S. cities:
- Los Angeles: A mid-range three-course meal averages $50, which is about 1.1% of the typical month-to-month wage ($4,421).
- New York: A mid-range three-course meal averages $71, which is about 1.3% of the typical month-to-month wage ($5,358).
- Dallas: A mid-range three-course meal averages $35, which is about 0.7% of the typical month-to-month wage ($4,687).
High 10 costliest cities
A number of cities within the Caribbean, Latin America, and Africa rank among the many high 10 world’s costliest for eating relative to revenue. Kingston, Jamaica, is available in at 172nd globally, the place a $34 mid-range meal represents 4.7% of the typical month-to-month wage ($733).
Latin American cities like Caracas, Venezuela (9.9%) and Georgetown, Guyana (6.5%) equally see locals spending a good portion of their revenue on a single meal. African cities reminiscent of Cairo, Egypt (5.7%) and Lagos, Nigeria (20.7%) spotlight how low wages could make even reasonably priced meals prohibitively costly, putting them within the high 10 most unaffordable cities worldwide for eating out.
| Rank | Metropolis | Area | Meal-to-Wage Ratio | Avg. Meal Price | Avg. Month-to-month Wage |
|---|---|---|---|---|---|
| 1 | Lagos | Africa | 20.7% | $25 | $121 |
| 2 | Caracas | South America | 9.9% | $30 | $303 |
| 3 | Georgetown | South America | 6.5% | $36 | $550 |
| 4 | Cairo | Africa | 5.7% | $10 | $179 |
| 5 | Beirut | Asia | 5.1% | $30 | $593 |
| 6 | Kingston | North America | 4.7% | $34 | $733 |
| 7 | Nairobi | Africa | 4.6% | $19 | $423 |
| 8 | Guayaquil | South America | 4.5% | $25 | $556 |
| 9 | Yerevan | Europe | 4.5% | $26 | $583 |
| 10 | Amman | Asia | 4.5% | $28 | $631 |
Globally, Asia gives placing contrasts. Rich cities reminiscent of Singapore, Tokyo, Shenzhen, Doha, and Seoul rank excessive for eating affordability, whereas South and Southeast Asian cities, together with Mumbai (73rd), Bangkok (ninety fifth), and Manila (145th), lag far behind their East Asian counterparts.
Miami additionally fared poorly in different food-related measures. The town ranked 56th for espresso affordability, with residents spending about 3.9% of their month-to-month revenue on espresso, and boasts a median beer worth of $8 per glass.
The findings affirm what many Miamians already know: having fun with a meal out within the Magic Metropolis can include a hefty price ticket, even compared with different world hotspots.
