Miami Is the World's Seventh-Most-Expensive City for Fine Dining

Miami is one of the most expensive cities for fine dining, even beating out upscale resorts in the South of France.

May 2, 2024

Image: Raw steaks on a cutting board surrounded by empty wine glasses

Dinner at the Michelin-starred Korean steakhouse Cote Miami in the Design District comes at a steep price. Photo by World Red Eye

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If you're a Miamian, this news comes as no surprise. Out of all of the cities around the world with fine-dining restaurants, Miami lands in the top ten most expensive.

According to a report by international food magazine Chef's Pencil, Miami is the seventh most expensive city in the world for fine dining, especially at a Michelin-rated restaurant. The average cost per person at a fine-dining restaurant in Miami is $257 — and in Miami Beach, it's even higher.

For its methodology, the magazine analyzed 3,500 Michelin restaurants worldwide to create a list of the most expensive countries and cities for fine dining.

The priciest cities for fine dining are Copenhagen ($443), Macau ($283), Hong Kong ($266), San Francisco ($263), Dubai ($259), New York ($258), and Miami ($257).

In the beach-town category, Miami Beach came in at an average price of $265 per person, nearly beating Alpine resorts in Switzerland and Mediterranean five-star resorts.

According to the report, the United States ranks fifth among the most expensive countries. On average, it costs $227 per person to dine out at a Michelin restaurant in the U.S. if you opt for the most expensive tasting menu.

Nicole Lopez-Alvar is the food editor of Miami New Times, a position she has been honored to take on since December 2023. Prior to her work at Miami New Times, she was a digital journalist covering breaking news, restaurants, arts, and culture at WPLG Local 10 News and WSVN 7 News. When she’s not writing about restaurants and chefs for her day job, Nicole can be found blogging about food on her personal Instagram account. Nicole received a BS in communications from the University of Miami, where she studied broadcast journalism. Readers might have seen her on the 23rd season of ABC's The Bachelor and the sixth season of Bachelor in Paradise.

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