Miami is more expensive than New York. It's a bad sign for the city's economy.

· businessinsider.com

As Miami's cost of living continues to increase, residents are relocating in a move that may hurt the coastal city's economy.

Elhanan Harel and his wife were living in New York City, where they paid $1,770 a month for a tiny one-bedroom apartment. The rent might have been manageable ha...


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