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College Costs in Miami, FL 2026

Compare tuition, housing, and financial aid across 12 colleges in Miami, Florida. Use our free calculator to estimate your total cost.

Avg Public Tuition

$6,556

per year

Avg Private Tuition

$44,890

per year

Avg Rent Near Campus

$1,191

per month

Colleges & Universities

12

institutions

Miami Overview

Population

442,241

Student Population

29,487 (6.7%)

Cost of Living Index

98 (avg: 100)

Walk Score

65/100

Transit Score

34/100

Unemployment Rate

6.5%

College Cost Calculator for Miami

Cost Inputs

Total Cost (4 Years, Public In-State)

$68,892

Total After Financial Aid

$68,892

Annual Cost

$17,223

Annual After Aid

$17,223

Cost Breakdown (4 Years)

Tuition$26,224
Room & Board$42,668

If Financed (10-Year Loan at 6.5%)

Loan Amount$68,892
Monthly Payment$782
Total Interest$24,979
Total Loan Cost$93,871

Universities in Miami

UniversityTypeAnnual Tuition
University of MiamiPrivate$56,580
Florida International UniversityPublic$6,556
Barry UniversityPrivate$33,200
Miami Dade CollegeCommunity$3,588

Miami has 12 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.

Cost of Living in Miami vs. National Average

CategoryMiamiNational AvgDifference
Public Tuition (In-State)$6,556$10,940-$4,384
Monthly Rent Near Campus$1,191$1,050+$141
Cost of Living Index98100-2

Miami's cost of living is near the national average. Students can expect typical expenses comparable to most other U.S. cities.

Student Life in Miami

65

Walk Score

Somewhat Walkable

34

Transit Score

Minimal Transit

6.7%

Student Population

29,487 students

Miami has a total population of 442,241, with approximately 29,487 college students (6.7% of the population). While not primarily a college town, Miami offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.

Post-Graduation Outlook in Miami

$50,348

Starting Salary

6.5%

Unemployment Rate

45%

Graduation Rate

~4 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Miami earn a median starting salary of $50,348, which is $15,348 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $68,892 (including room and board), it would take approximately 4 years of the salary premium to recoup the investment. With average financial aid of $10,348 per student per year, the net cost and payback period can be significantly reduced.

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