Miami vs Las Vegas

Las Vegas is cheaper to live in overall. Miami has a cost of living index of 120 while Las Vegas has an index of 111, where 100 represents the US national average. Las Vegas is 7% cheaper than Miami overall.

The median 1-bedroom rent in Miami is $2,350 per month compared to $1,550 in Las Vegas. The median home price in Miami is $595,000 versus $400,000 in Las Vegas. Housing is typically the largest factor in cost of living differences between cities.

Miami has a cost of living index of 120 and Las Vegas has an index of 111, both measured against a US national average of 100. An index above 100 means more expensive than the national average — below 100 means cheaper.

To maintain the same purchasing power as a salary in Miami, multiply by 0.93. For example a $75,000 salary in Miami is equivalent to approximately $69,375 in Las Vegas.

Miami has a median household income of $47,861 per year versus $60,266 in Las Vegas. Higher incomes must be weighed against cost of living. Use the Dayblip salary tools to see specific job salaries in both cities.

Whether moving from Miami to Las Vegas is worthwhile depends on your salary, lifestyle, and priorities. Las Vegas is 7% cheaper overall — with the biggest difference in housing. Use the Dayblip cost of living calculator to enter your specific salary and see the exact dollar impact.