C
Overall 1%
Goods & Services 6%
Housing 1%
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.
IndexLas VegasNevadaNational
Cost of living99103100
Goods & Services94104100
Groceries9598100
Health care100105100
Housing101104100
Transportation111112100
Utilities10092100

Key findings

  • The cost of living in Las Vegas is 4% lower than the Nevada average
  • The cost of living in Las Vegas is 1% lower than the national average
  • Las Vegas housing is 1% 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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Compare Las Vegas, NV Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$67,846$5,654$1,583$2,036
      Renters$36,314$3,026$847$1,090
      To approximate the cost of living and the housing affordability in Las Vegas, NV, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Las Vegas have a median income of $67,846. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,583 per month to avoid calamity and poverty. The renters in the city have an income of about $36,314, which would make their monthly maximum allowable rental costs $847.

      Nevada Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Nevada6.85%8.25%

      Nevada Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Nevada0%0%

      Goods & Services

      ItemLas VegasNational avg.Difference
      Haircut $15.02$17.4914.1%
      Beauty Salon $45.64$38.1719.6%
      Toothpaste $2.58$2.3211.2%
      Shampoo $0.85$1.0116.0%
      Movie $12.15$10.7213.3%
      Bowling $16.83$13.8621.4%

      Groceries

      ItemLas VegasNational avg.Difference
      Ground Beef $3.47$3.9011.0%
      Fried Chicken $1.21$1.4013.3%
      Milk $2.51$1.9627.9%
      Potatoes $2.25$3.1829.3%
      Pizza $10.52$10.391.2%
      Beer $8.38$9.239.2%

      Health Care

      ItemLas VegasNational avg.Difference
      Optometrist $114.99$106.348.1%
      Doctor $112.38$115.252.5%
      Dentist $102.20$98.383.9%
      Ibuprofen $9.30$9.260.4%
      Lipitor $436.57$466.476.4%

      Housing

      ItemLas VegasNational avg.Difference
      Home Price $184,900.00$184,700.000.1%
      Avg. Mortgage Payment $1,591.38$1,273.3225.0%
      Apartment Rent $985.00$949.003.8%

      Transportation

      ItemLas VegasNational avg.Difference
      Gasoline $3.07$2.5918.5%
      Tire Balancing $49.57$48.901.4%

      Utilities

      ItemLas VegasNational avg.Difference
      All Electricity$173.66$167.603.6%
      Phone $173.02$163.425.9%
      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, StatePopulationCost of Living IndexNational Avg.
      Nellis AFB, NV3,25287-13%
      Sunrise Manor, NV192,87390-10%
      Winchester, NV27,98691-9%
      Whitney, NV41,12492-8%
      Paradise, NV229,66696-4%
      Las Vegas, NV613,29599-1%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Louisville, KY611,57393-7%
      Oklahoma City, OK620,01588-12%
      Portland, OR620,58912727%
      Baltimore, MD621,0001000%
      Milwaukee, WI598,67288-12%
      Las Vegas, NV613,29599-1%
      Source: The Las Vegas, NV cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.