Centennial Hills, Nevada Cost Of Living

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D+

Overall 4%

Goods & Services 6%

Housing 18%

Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Centennial Hills	Las Vegas	Nevada
Cost of living	104	99	103
Goods & Services	94	94	104
Groceries	95	95	98
Health care	100	100	105
Housing	118	101	104
Transportation	111	111	112
Utilities	100	100	92

Key findings

The cost of living in Centennial Hills is 1% higher than the Las Vegas average
The cost of living in Centennial Hills is 4% higher than the national average
Centennial Hills housing is 18% higher than the national average
Nevada general sales tax is 35% higher than the national average
Nevada state income tax is 100% lower than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Household	$71,867	$5,989	$1,677	$2,156

Nevada Sales Tax

State	General Sales Tax	With Max Surtax
Nevada	6.85%	8.25%

Nevada Income Tax

State	Income Tax (Low)	Income Tax (High)
Nevada	0%	0%

Goods & Services

Item	Las Vegas	National avg.	Difference
Haircut	$15.02	$17.49	14.1%
Beauty Salon	$45.64	$38.17	19.6%
Toothpaste	$2.58	$2.32	11.2%
Shampoo	$0.85	$1.01	16.0%
Movie	$12.15	$10.72	13.3%
Bowling	$16.83	$13.86	21.4%

Groceries

Item	Las Vegas	National avg.	Difference
Ground Beef	$3.47	$3.90	11.0%
Fried Chicken	$1.21	$1.40	13.3%
Milk	$2.51	$1.96	27.9%
Potatoes	$2.25	$3.18	29.3%
Pizza	$10.52	$10.39	1.2%
Beer	$8.38	$9.23	9.2%

Health Care

Item	Las Vegas	National avg.	Difference
Optometrist	$114.99	$106.34	8.1%
Doctor	$112.38	$115.25	2.5%
Dentist	$102.20	$98.38	3.9%
Ibuprofen	$9.30	$9.26	0.4%
Lipitor	$436.57	$466.47	6.4%

Housing

Item	Las Vegas	National avg.	Difference
Home Price	$184,900.00	$184,700.00	0.1%
Avg. Mortgage Payment	$1,591.38	$1,273.32	25.0%
Apartment Rent	$985.00	$949.00	3.8%

Transportation

Item	Las Vegas	National avg.	Difference
Gasoline	$3.07	$2.59	18.5%
Tire Balancing	$49.57	$48.90	1.4%

Utilities

Item	Las Vegas	National avg.	Difference
All Electricity	$173.66	$167.60	3.6%
Phone	$173.02	$163.42	5.9%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, State	Population	Cost of Living Index	National Avg.
Nellis AFB, NV	3,252	87	-13%
Sunrise Manor, NV	192,873	90	-10%
Winchester, NV	27,986	91	-9%
Whitney, NV	41,124	92	-8%
Paradise, NV	229,666	96	-4%
Las Vegas, NV	613,295	99	-1%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Louisville, KY	611,573	93	-7%
Oklahoma City, OK	620,015	88	-12%
Portland, OR	620,589	127	27%
Baltimore, MD	621,000	100	0%
Milwaukee, WI	598,672	88	-12%
Las Vegas, NV	613,295	99	-1%

Source: The Centennial Hills, Las Vegas, NV cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.

Centennial Hills, Las Vegas, NV Cost of Living

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