Denver, CO vs Miami, FL: 147 vs 129

$1,770/mo ↑ 7%

Median Rent

$1,657/mo ↓ 6%

$91,681/yr ↑ 54%

Median Income

$59,390/yr ↓ 35%

$586,700 ↑ 23%

Home Value

$475,200 ↓ 19%

$1,839/mo ↑ 10%

Owner Costs

$1,666/mo ↓ 9%

713,734

Population

446,663

Detailed Comparison

When comparing Denver, CO and Miami, FL, the overall cost of living indices are 147 and 129 respectively (national median = 100). Rent is $113/month cheaper in Miami, saving renters about $1,356/year.

Median household income is $32,291/year higher in Denver. Home values also differ significantly — the median in Denver is $586,700 compared to $475,200 in Miami.

Florida has no state income tax, giving Miami residents a significant tax advantage over Colorado's 4.4% rate.

Frequently Asked Questions

Denver vs Miami — common questions

Is Denver or Miami cheaper to live in?

Based on our cost index, Miami is cheaper to live in with an index of 129 compared to 147 (US average = 100).

What is the rent difference between Denver and Miami?

Median rent in Denver is $1,770/month and in Miami it's $1,657/month — a difference of $113/month.

Which city has higher income, Denver or Miami?

Median household income is $91,681 in Denver and $59,390 in Miami. Median household income is $32,291/year higher in Denver.

How do taxes compare between Colorado and Florida?

Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.

Should I move to Denver or Miami?

It depends on your priorities. Denver has a cost index of 147 with median rent of $1,770/mo, while Miami has a cost index of 129 with rent of $1,657/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Denver, CO vs Miami, FL (2026)

Denver

Miami

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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