Cost of Living: Las Vegas, NV vs Miami, FL (2026)

Las Vegas

Nevada
111
VS

Miami

Florida
129

Las Vegas is 14% cheaper than Miami.

$1,456/mo ↓ 12%
Median Rent
$1,657/mo ↑ 14%
$70,723/yr ↑ 19%
Median Income
$59,390/yr ↓ 16%
$395,300 ↓ 17%
Home Value
$475,200 ↑ 20%
$1,452/mo ↓ 13%
Owner Costs
$1,666/mo ↑ 15%
650,873
Population
446,663

Tax Comparison

0%
Income Tax
0%
6.85%
State Sales Tax
6.0%
0.53%
Property Tax
0.86%

Affordability

24.7%
rent-to-income
Affordability
33.5%
rent-to-income

Detailed Comparison

When comparing Las Vegas, NV and Miami, FL, the overall cost of living indices are 111 and 129 respectively (national median = 100). Rent is $201/month cheaper in Las Vegas, saving renters about $2,412/year.

Median household income is $11,333/year higher in Las Vegas. Home values also differ significantly — the median in Las Vegas is $395,300 compared to $475,200 in Miami.

Frequently Asked Questions

Las Vegas vs Miami — common questions

Is Las Vegas or Miami cheaper to live in?
Based on our cost index, Las Vegas is cheaper to live in with an index of 111 compared to 129 (US average = 100).
What is the rent difference between Las Vegas and Miami?
Median rent in Las Vegas is $1,456/month and in Miami it's $1,657/month — a difference of $201/month.
Which city has higher income, Las Vegas or Miami?
Median household income is $70,723 in Las Vegas and $59,390 in Miami. Median household income is $11,333/year higher in Las Vegas.
How do taxes compare between Nevada and Florida?
Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Las Vegas or Miami?
It depends on your priorities. Las Vegas has a cost index of 111 with median rent of $1,456/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.
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