Sovereign

Tech

Software Engineer Salary · New York vs Miami

Net pay, tax drag, and purchasing power modeled for 2025 offers. Built for relocating teams, expats, and comp committees.

Net pay

New York

$128,853

25.9% effective rate

Net pay

Miami

$91,944

23.4% effective rate

Annual delta

Spread

+$36,909

New York advantage

City

New York

The global financial capital, characterized by high compensation but significant cost of living and local tax burdens.

Median professional income

$78,500

Role modeled

Software Engineer

Gross base

$174,000

Net after tax

$128,853

Cost-of-living index

73

Rent index

64

City

Miami

A gateway for Latin American finance with favorable tax conditions and a growing hedge fund presence.

Median professional income

$63,000

Role modeled

Software Engineer

Gross base

$120,000

Net after tax

$91,944

Cost-of-living index

52

Rent index

62

Purchasing power

Net income vs lifestyle drag

New York

$10,738

Housing$3,221
Essentials$2,148
Discretionary$2,684
Savings$2,684

Miami

$7,662

Housing$2,299
Essentials$1,532
Discretionary$1,916
Savings$1,916

Cost-of-living deep dive

Flip into the COL template for this exact pair. See rent burdens, discretionary drift, and PPP commentary.

Open COL page

Remote benchmark

Need a borderless baseline? Run the remote analyzer across our tier-one city basket.

Remote comparison

More combinations

Interlink into adjacent hubs to keep crawlers following the mesh.

Frequently asked

Who wins for Software Engineer net pay: New York or Miami?+
New York keeps about $36,909 more after tax (25.9% effective rate) compared to Miami (23.4%).
How different are the cost-of-living profiles?+
New York posts a cost-of-living index of 73 and rent index of 64. Miami comes in at 52 / 62. The purchasing power gap tightens once you factor in rent and lifestyle drift.
What salary uplift offsets Miami's taxes?+
You would need roughly $48,171 in additional gross compensation to match the same take-home pay in New York.