According to a new U.S. News report, Miami ranks fourth on the most expensive city to reside in, with an average median home price of $490,162 and average salary of $54,790.
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In conclusion, Miami's reputation as a luxurious city is well-deserved. Its high cost of living, glamorous lifestyle, and thriving business scene collectively contribute to its opulent image.
Miami will be 60 percent under water by the year 2060, according to researchers. The main culprit: climate change. Scientists at the University of Miami predict the Magic City has a little over 30 years before the water takes over.