Cost of Living: Miami, FL vs Lincoln, NE (2026)

Miami

Florida
129
VS

Lincoln

Nebraska
77

Miami is 68% more expensive than Lincoln.

$1,657/mo ↑ 59%
Median Rent
$1,045/mo ↓ 37%
$59,390/yr ↓ 15%
Median Income
$69,991/yr ↑ 18%
$475,200 ↑ 91%
Home Value
$248,200 ↓ 48%
$1,666/mo ↑ 46%
Owner Costs
$1,140/mo ↓ 32%
446,663
Population
291,932

Tax Comparison

0%
Income Tax
6.64%
6.0%
State Sales Tax
5.5%
0.86%
Property Tax
1.73%

Affordability

33.5%
rent-to-income
Affordability
17.9%
rent-to-income

Detailed Comparison

When comparing Miami, FL and Lincoln, NE, the overall cost of living indices are 129 and 77 respectively (national median = 100). Rent is $612/month cheaper in Lincoln, saving renters about $7,344/year.

Median household income is $10,601/year higher in Lincoln. Home values also differ significantly — the median in Miami is $475,200 compared to $248,200 in Lincoln.

Florida has no state income tax, giving Miami residents a significant tax advantage over Nebraska's 6.64% rate.

Frequently Asked Questions

Miami vs Lincoln — common questions

Is Miami or Lincoln cheaper to live in?
Based on our cost index, Lincoln is cheaper to live in with an index of 77 compared to 129 (US average = 100).
What is the rent difference between Miami and Lincoln?
Median rent in Miami is $1,657/month and in Lincoln it's $1,045/month — a difference of $612/month.
Which city has higher income, Miami or Lincoln?
Median household income is $59,390 in Miami and $69,991 in Lincoln. Median household income is $10,601/year higher in Lincoln.
How do taxes compare between Florida and Nebraska?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Nebraska has 6.64% income tax, 5.5% sales tax, and 1.73% property tax.
Should I move to Miami or Lincoln?
It depends on your priorities. Miami has a cost index of 129 with median rent of $1,657/mo, while Lincoln has a cost index of 77 with rent of $1,045/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Miami details → View Lincoln details →

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