El Paso, TX vs Miami, FL: 67 vs 129

$1,041/mo ↓ 37%

Median Rent

$1,657/mo ↑ 59%

$58,734/yr ↓ 1%

Median Income

$59,390/yr ↑ 1%

$171,700 ↓ 64%

Home Value

$475,200 ↑ 177%

$1,044/mo ↓ 37%

Owner Costs

$1,666/mo ↑ 60%

678,147

Population

446,663

Detailed Comparison

When comparing El Paso, TX and Miami, FL, the overall cost of living indices are 67 and 129 respectively (national median = 100). Rent is $616/month cheaper in El Paso, saving renters about $7,392/year.

Median household income is $656/year higher in Miami. Home values also differ significantly — the median in El Paso is $171,700 compared to $475,200 in Miami.

Frequently Asked Questions

El Paso vs Miami — common questions

Is El Paso or Miami cheaper to live in?

Based on our cost index, El Paso is cheaper to live in with an index of 67 compared to 129 (US average = 100).

What is the rent difference between El Paso and Miami?

Median rent in El Paso is $1,041/month and in Miami it's $1,657/month — a difference of $616/month.

Which city has higher income, El Paso or Miami?

Median household income is $58,734 in El Paso and $59,390 in Miami. Median household income is $656/year higher in Miami.

How do taxes compare between Texas and Florida?

Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.

Should I move to El Paso or Miami?

It depends on your priorities. El Paso has a cost index of 67 with median rent of $1,041/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: El Paso, TX vs Miami, FL (2026)

El Paso

Miami

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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