The long-held narrative of South Florida offering a budget-friendly alternative to New York has officially shifted. According to recent data from the U.S. Bureau of Economic Analysis, the Miami-Fort Lauderdale-Palm Beach metropolitan area has officially surpassed greater New York City in overall cost of living. Fueled by a staggering 36% jump in the regional Consumer Price Index since 2019, a rate of inflation outpaced nationally only by Tampa, South Florida now ranks as the second most expensive metro area in the United States, ...