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Cost of living: Miami, FL vs Las Vegas, NV (2024)

Quick answer

Overall prices in the Miami, FL metro were 114.2 vs 100.2 in Las Vegas, NV in 2024 (US = 100), so Miami is 13.9% more expensive than Las Vegas; housing rents differ by 35% (155.6 vs 115.5). A $75,000 income in Miami buys about what $65,841 buys in Las Vegas, per BEA.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)MiamiLas VegasMiami vs Las Vegas
All items114.2100.2+13.9%
Goods103.696.3+7.6%
Housing (rents)155.6115.5+34.6%
Utilities97.290.6+7.3%
Other services109.198.7+10.5%
All items, 2008106.5101.6+4.8%
$50,000 in Miami equals in Las Vegas$43,894
$100,000 in Miami equals in Las Vegas$87,789
$150,000 in Miami equals in Las Vegas$131,683

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Last updated 2026-10-16. Data only, not financial or tax advice.

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