Miamians in New York? (rent, insurance, unemployment rate)

[Kunniholm]

Maybe it's just my own experience, but does anyone else think that there are far more New Yorkers IN Miami than Miamians (born and raised or living there most of their lives) living in New York? New Yorkers go for the weather in most cases, but considering the fact that Miami has a much worse off economy than NY when it comes to jobs, salaries and all that, one would think that more Miamians would head North at least for economic reasons.

Any thoughts?

Also, if any Miamians here DO live in NY or any other Northern city, how has it been for you in your experience?

[hurricaneMan1992]

Most of the not retired NYers who I know who moved down to Miami ended up moving back to NY.

[Kunniholm]

Originally Posted by hurricaneMan1992

Most of the not retired NYers who I know who moved down to Miami ended up moving back to NY.

Yes, I've met those or people who are immigrants from another country, lived up North, tried living in Miami and couldn't get used to it. But I've never met someone born and/or raised in Miami who ever moves North at least not permanently.

[flyers29]

It's cold and more expensive than Miami. Not to mention NYC has some of the highest net migration in the country. If Miamians are there they're probably not staying too long. Not much reason to go to northern economic hubs (NYC, Boston, Chicago) for long periods of time when there's been a relative abundance of opportunities in cheaper places (Atlanta, Charlotte, Houston, Denver).

[Bobdreamz]

Originally Posted by Kunniholm

Maybe it's just my own experience, but does anyone else think that there are far more New Yorkers IN Miami than Miamians (born and raised or living there most of their lives) living in New York? New Yorkers go for the weather in most cases, but considering the fact that Miami has a much worse off economy than NY when it comes to jobs, salaries and all that, one would think that more Miamians would head North at least for economic reasons.

Any thoughts?

Also, if any Miamians here DO live in NY or any other Northern city, how has it been for you in your experience?

I'm not sure why you think Miami has a worse off Economy than NYC. That all depends on the occupation & wages of a person.
Another factor to realize is that Miami has no "personal city Income tax" or a "State personal Income tax" either. So it's cheaper to live in Miami than NYC on a Cost of Living basis.
Perhaps the better Question for you is why have New Yorkers been moving to Miami for over 100 years now and not vice versa?

[Kunniholm]

Originally Posted by Bobdreamz

I'm not sure why you think Miami has a worse off Economy than NYC. That all depends on the occupation & wages of a person.
Another factor to realize is that Miami has no "personal city Income tax" or a "State personal Income tax" either. So it's cheaper to live in Miami than NYC on a Cost of Living basis.
Perhaps the better Question for you is why have New Yorkers been moving to Miami for over 100 years now and not vice versa?

Well because the unemployment rate is slightly higher in Miami and salary ratio to cost of living is or seems worse than NYC. But it's true that since there is no income tax down there probably things are a little bit easier in terms of cost of living.

I would love to move to Miami, but feel with my degree there would not be anything for me down there. New Yorkers go down there, if they can, due to the awful weather here, congestion, brutal taxes, etc.

[hurricaneMan1992]

Originally Posted by Kunniholm

Well because the unemployment rate is slightly higher in Miami and salary ratio to cost of living is or seems worse than NYC. But it's true that since there is no income tax down there probably things are a little bit easier in terms of cost of living.

Miami is still mostly a tourism and personal services based economy. Translation: high turnover, low pay. Keeping an extra ten percent of low pay is still low pay. Many people working part time jobs which is not reflected in the unemployment rates. In fact, Miami is rated most expensive for millennials right now, not NYC (accounting for pay and housing cost). Of course, in Miami you also have to account for a car payment + expensive insurance on top of the expensive rent and low pay. Well, unless you make enough to afford downtown Dadeland or Brickell and your job happens to be along the single Metro line (unlikely), either that or you live and work on the Beach (slightly more likely). And if you work multiple jobs, forgeddaboudit, public transport would not work for you here--get behind everyone else who's stuck in traffic. Of course, IF you can make good money, you will of course get more for your money than you would in NYC.

[K-Train]

I'm from Broward County, and moved up to NY/NJ area. I'll be leaving there soon, and I'll leave it at that.

[K-Train]

Originally Posted by flyers29

It's cold and more expensive than Miami. Not to mention NYC has some of the highest net migration in the country. If Miamians are there they're probably not staying too long. Not much reason to go to northern economic hubs (NYC, Boston, Chicago) for long periods of time when there's been a relative abundance of opportunities in cheaper places (Atlanta, Charlotte, Houston, Denver).

Booyah.

[UKWildcat1981]

Usually its the NYers that move to Miami in droves at least the older Jewish and Italian populations not as much as they used to be still a great deal.