Miami Has First Population Drop in Decades Despite Fla. Growth

People are leaving Miami! Life there has become so expensive that almost 80,000 residents packed their bags and left between 2020 and 2022. It’s the first population decline in the city in decades. NTD spoke to independent location counsel John Boyd of The Boyd Company, who said cost-of-living increases in Miami are a reflection of Florida’s transition to becoming a global economic powerhouse.