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Data from U.S. Census Bureau · 2026 · Methodology
CitySpend

Miami, FL vs New York, NY

Side-by-side fiscal comparison · U.S. Census Bureau data (2023)

Reviewed by CitySpend Editorial Team · Updated

New York, NY outspends Miami, FL by a wide margin per resident — $129,119 versus $28,195, a 358% difference. A gap this size usually reflects a structurally different service mix or accounting scope rather than a single line item.

New York, NY holds the stronger Fiscal Health Score, 64/100 (grade C) against 53/100 (grade C) for Miami, FL — a 11-point spread that puts the two in different grade territory.

Miami, FL reports no outstanding debt per resident in its Census filing, while New York, NY carries $462 per resident. Their budgets diverge on where the largest per-resident dollars go: Miami, FL leads with fire protection at $7,399 per resident, while New York, NY leads with education at $37,892.

On the revenue side both lean hardest on intergovernmental transfers — 100% of total revenue in Miami, FL and 14% in New York, NY.

Summary

New York spends 78.2% more per capita than Miami ($100,924/person difference). New York, NY has the stronger Fiscal Health Score (C, 64/100).

Fiscal Health Score

City A
Miami, FL
Pop. 443,665
C
53/100
Budget Balance22
Debt Burden100
Pension Funding76
Spending Efficiency51
Revenue Diversity0
Trend Direction50
City B
New York, NY
Pop. 8,622,467
C
64/100
Budget Balance55
Debt Burden100
Pension Funding76
Spending Efficiency0
Revenue Diversity100
Trend Direction50

Key Metrics

Metric
Miami
New York
Total Spending
$12.5B
$1113.3B
Spending / Capita
$28,195
$129,119
Total Revenue
$6.7B
$1271.6B
Revenue / Capita
$15,037
$147,477
Total Debt
$0
$4.0B
Debt / Capita
$0
$462
Population
443,665
8,622,467
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0

Per Capita Spending by Department

Police
Miami$0
New York$1,512
Fire Protection
Miami$7,399
New York$11,050
Highways & Roads
Miami$0
New York$221
Parks & Recreation
Miami$1,783
New York$868
Education
Miami$0
New York$37,892
Health
Miami$0
New York$417

Revenue Breakdown (Per Capita)

MiamiNew York
Property Tax
$0
$5
Sales Tax
$1,647
$399
Income Tax
$0
$19
Intergovernmental
$15,037
$20,520
Charges & Fees
$0
$1,835
Other
$1,399
$3,593

Spending Breakdown (Per Capita)

MiamiNew York
Police
$0
$1,512
Fire Protection
$7,399
$11,050
Highways & Roads
$0
$221
Education
$0
$37,892
Public Welfare
$109
$1,116
Health
$0
$417
Hospitals
$1,499
$6,467
Parks & Recreation
$1,783
$868
Housing
$6,840
$7,137
Sewerage
$699
$315
Utilities
$1,295
$13,371
Interest on Debt
$0
$11,706
General Admin
$0
$11,668
Other
$8,572
$25,380
C
Miami, FL
Fiscal Health Score: 53/100
Average fiscal health
C
New York, NY
Fiscal Health Score: 64/100
Average fiscal health

Compare More Cities

Source: Census Annual Survey of State and Local Government Finances, 2026.