New Research Reveals Miami’s Most Expensive Restaurant Is More Expensive Than the World’s Most Expensive Michelin Restaurant
Miami’s dining scene has never been shy about luxury, but new research compiled by Chef’s Pencil shows just how far high-end restaurants are now pushing the boundaries of indulgence. From $2,000+ dinners to Michelin-starred tasting temples, Miami has quietly become one of the most expensive dining destinations in America.
Our recent report comparing restaurant prices with local salaries put a spotlight on Miami after it ranked as the most expensive city in the United States—even less affordable than New York or Los Angeles. But that study measured relative affordability based on the ratio between prices and local wages, not on absolute menu costs. This led our team to dig deeper and examine which Miami restaurants are truly the most expensive.
To do this, we analyzed the top fine-dining restaurants in the Miami area and ranked them by the price of their most expensive tasting menu or, when a tasting menu was not available, by the cost of their most expensive three-course meal—typically an appetizer, a main course, and a dessert. Prices are per person and they generally don’t include drinks, tax or gratuity, meaning the final bill can climb significantly higher.
The findings are striking: Miami now hosts multiple restaurants where a three-course dinner costs more than at many two- and three-star Michelin venues in New York, Chicago, or Los Angeles. Even more astonishing, the single priciest three-course meal in Miami exceeds the cost of the most expensive Michelin restaurant in the world.
Below are the most expensive restaurants in and around Miami, starting with an outlier that shocked even us.
Note: This ranking is based on each restaurant’s highest-priced tasting menu or the cost of a three-course meal (starter, main, and dessert) from the à la carte menu. Most of these establishments also offer more moderately priced menus or à la carte options, making them accessible to a wider range of diners.
1. Papi Steak — The Most Expensive Three-Course Meal in Miami ($2,320)
Address: 736 1st St, Miami Beach, FL 33139
Papi Steak tops our ranking by an extraordinary margin, offering a three-course combination that costs more than any Michelin-starred meal in the world, including Tokyo’s legendary Ginza Kitafuku. The restaurant’s most premium trio features:
SHELLFISH ON ICE — $320
Siberian caviar, king crab, Maine lobster, jumbo shrimp, oysters, tuna tartare, and hamachi tartare
A towering, ultra-luxe seafood platter that sets the tone for what’s to come.
THE BEEF CASE — $1,000
Purebred MS 9+ Australian Wagyu tomahawk (55 oz), served medium
A dramatic tableside presentation of one of the most extravagant steaks served anywhere in the U.S.
LOUIS XIII BAKED ALASKA — $1,000
Vanilla, chocolate, strawberry
A visually striking dessert brought to life with a pour of Louis XIII Cognac—one of the world’s most exclusive and expensive spirits.
At a total of $2,320 before tax and gratuity, this three-course experience at Papi Steak surpasses the priciest Michelin-starred meal on record: the Echizen Crab “Kiwami” course at Ginza Kitafuku in Tokyo.
For comparison, Ginza Kitafuku’s seasonal Kiwami menu costs ¥330,000 (about $2,130 USD) and features the ultra-rare Echizen Kiwami crab—a snow crab so prized that it has been presented to Japan’s imperial family. Only a tiny fraction of crabs ever qualify for the Kiwami label: in 2021, just 67 crabs—or 0.04% of the total catch—met the exacting standards for size and claw width.
While Kitafuku’s meal revolves around one of the world’s rarest seafood delicacies, Papi Steak’s blockbuster price tag is driven primarily by high-end Wagyu and the inclusion of Louis XIII Cognac, which alone can elevate a dessert into four-figure territory.
2. Oro — Miami’s Second-Most Expensive Three-Course Meal ($781)
Address: 818 Lincoln Rd, Miami Beach, FL 33139
Oro secures the number-two spot on our list, and—much like Papi Steak—it owes its sky-high price to one recurring theme: desserts infused with Louis XIII Cognac. But even without the cognac-driven extravagance, Oro leans heavily into ultra-premium ingredients, bold flavors, and dramatic presentations.
The most expensive three-course combination at Oro consists of:
Octopus (Appetizer) — $29
Charred, tender, and served with the restaurant’s signature Mediterranean-inspired accents, this dish is one of Oro’s most refined starters.
A5 TAKAMORI Wagyu Striploin — $375
Charred Asparagus — $17
Sourced from Takamori in Japan—a region celebrated for producing some of the world’s most luxurious Wagyu—this cut showcases extraordinary marbling and depth of flavor. The charred asparagus adds a simple but elegant side to balance the richness of the beef.
LOUIS XIII Dessert — $360
A decadent finale built around 2 oz of Louis XIII Cognac, one of the rarest and most expensive spirits on the planet. The inclusion of this cognac transforms the dessert into a $360 showpiece.
Altogether, this three-course selection totals $781 before tax and gratuity, placing Oro firmly in the upper echelon of luxury dining—not just in Miami, but globally. While its price doesn’t surpass Tokyo’s Ginza Kitafuku like Papi Steak’s does, it nonetheless approaches the cost of several Michelin-starred tasting menus across the world.
3. Ogawa — $395 (1 Michelin Star)
Address: 7223 NW 2nd Ave, Miami, FL 33150
Ogawa stands as Miami’s most expensive Michelin-starred restaurant, offering a deeply traditional Japanese dining experience centered on precision, purity, and craftsmanship. Tucked away in Little River, this intimate omakase counter seats only a handful of guests each evening, allowing the chefs to tailor the meal with near-ceremonial focus.
Unlike other restaurants at the top of this list, Ogawa’s pricing isn’t driven by luxury add-ons or high-priced spirits. Instead, the $395 cost reflects the restaurant’s uncompromising commitment to premium ingredients—rare, expertly sourced fish flown in multiple times a week from Japan’s top markets—as well as its meticulous, art-forward style of preparation.
Each course unfolds in quiet, deliberate rhythm: aged bluefin cut with millimeter precision, uni presented at peak sweetness, and seasonal specialties that change based on what Japan’s coastal waters yield that day. The result is a restrained, elegant omakase that prioritizes purity of flavor over spectacle.
4. Sunny’s Steakhouse — $326
Address: 7357 NW Miami Ct, Miami, FL 33150
Sunny’s Steakhouse may not have a Michelin star, but its most indulgent three-course combination places it firmly among Miami’s priciest dining experiences. The restaurant blends retro steakhouse charm with modern flourishes, and its top-end menu options deliver both decadence and drama.
A high-ticket three-course meal at Sunny’s includes:
Cap’t Jay’s Famous Stone Crab Claws — $38
Served jumbo, these claws are a Miami staple and an ideal way to kick off a lavish dinner. Their sweetness and firmness set a classic tone before the main event arrives.
32 oz Wagyu Porterhouse — $258
A centerpiece cut designed for serious steak lovers. This massive porterhouse showcases rich marbling and deep Wagyu flavor, served with:
Grilled Asparagus — $14
Finished with lemon olive oil, the asparagus provides a fresh counterbalance to the steak’s richness.
Dessert — $16
Guests can choose from a lineup that includes:
Kouign-Amann Ice Cream Sandwich
Foie Gras with Passion Fruit Mousse
Banana Toffee Cheesecake (with cinnamon ice cream and pecan)
Piña Colada Ice Cream Sundae
Chocolate Cake (with coffee ice cream and hazelnut)
This brings the total to $326 before tax and gratuity—making Sunny’s one of Miami’s most expensive non-Michelin restaurants. While it may not feature Louis XIII cognac or theatrical add-ons, the value lies in its premium steakhouse pedigree and its quietly luxurious approach to a classic American three-course meal.
5. Hiden — $300 (1 Michelin Star)
Address: 313 NW 25th St, Miami, FL 33127
Hiden—a Michelin-starred, speakeasy-style omakase restaurant hidden behind a taco shop—offers one of the strongest price-to-quality ratios in Miami’s luxury dining scene. At roughly $300 for its full tasting menu, Hiden delivers an intimate, disciplined, and beautifully executed omakase experience that rivals top sushi counters in New York and Los Angeles.
And this is one area where Miami genuinely shines: while the city is home to some of the most expensive steak and luxury-driven meals in the country, its top-tier sushi restaurants remain significantly more affordable than their New York counterparts. In Manhattan, comparable Michelin-starred omakase experiences routinely start around $400–$700 and climb well beyond $1,000 at the most exclusive counters.
6. L’Atelier de Joël Robuchon Miami — $295 (2 Michelin Stars)
Address: 151 NE 41st St, Miami, FL 33137
Holding two Michelin stars, L’Atelier de Joël Robuchon Miami is the city’s most decorated restaurant, yet its most exclusive tasting menu—the Evolution Menu at $295—ranks only as the sixth most expensive in Miami. That price places Miami’s L’Atelier comfortably between its international siblings: more expensive than the Paris location, yet still more affordable than the Tokyo outpost, where tasting menus can reach far higher.
The Evolution Menu distills the Robuchon philosophy into a refined, eight-course progression featuring classics like Foie Gras Royale, Tasmanian sea trout in cucumber aspic, Norwegian langoustine, olive-oil-poached halibut, and Mishima Reserve Wagyu striploin (with the option to upgrade to A5 Japanese Wagyu). Seasonal vegetable compositions and a choice of elegant French desserts—Black Forest chocolate or tangerine cream and sorbet—round out the experience.
In a city where luxury dining frequently crosses the $300–$700 threshold, L’Atelier stands out: a globally respected, two-star kitchen delivering world-class French technique at a price that is elevated, yes, but still restrained compared to many of Miami’s grander, flashier tasting menus.
7. The Surf Club Restaurant — $293 (1 Michelin Star)
Address: 9011 Collins Ave, Surfside, FL 33154
Thomas Keller’s Surf Club Restaurant blends classic American luxury with restrained elegance. While not the priciest Keller restaurant in the U.S., it still commands nearly $300 for a top-tier three-course meal—fueled by pristine seafood and timeless French-American technique.
8. Elcielo Miami — $289 (1 Michelin Star)
Address: 31 SE 5th St, Miami, FL 33131
Elcielo offers one of the most theatrical tasting menus in Florida, combining molecular gastronomy with Colombian culinary roots. Its signature dishes—like the “chocotherapy” hand-washing ritual—have earned global attention.
9. Shingo — $275 (1 Michelin Star)
Address: 112 Alhambra Cir, Coral Gables, FL 33134
Shingo Akikuni’s omakase has quickly become a favorite among sushi purists. The experience is intimate and meticulous, offering a premium journey through seasonal Japanese seafood.
10. Cote Miami — $225 (1 Michelin Star)
Address: 3900 NE 2nd Ave, Miami, FL 33137
Cote brings its award-winning Korean steakhouse concept from New York to Miami, earning a Michelin star for its Miami outpost. High-end beef selections mean that a three-course meal can easily reach the $225 mark, particularly when ordering from its premium sections.
10. Maple & Ash — $225 (No Michelin Star)
Address: 699 NE 1st Ave 2nd floor, Miami, FL 33132
Known for its irreverent “I don’t give a F*@k” tasting (IDGAF) menu in other cities, Maple & Ash maintains its indulgent streak in Miami. Expect caviar, Wagyu, and dramatic tableside service.
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