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Miami is expensive if you like to party and have fun. Apartments/condos can be expensive but if you live a bit outside of South Beach you can get something nice for a decent amount.
I too want to eventually live in Miami. Its my fav place. Been there 3 times and parties my ass off and also spent a shit load of money but it was worth it. My only problem is getting a Visa to live there. The weather is a little crazy at times but part of the charm of Miami. Everyone is so relaxed (in my opinion) and laid back. I'm thinking of taking my girlfriend over this summer actually for another vacation.
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