New York, NY vs Las Vegas, NV
Cost of living comparison · 2023 Census ACS data
Quick Summary
Housing costs separate Las Vegas and New York more than any other line item — $395,000 versus $752,000 for a typical home, a 47% spread. Las Vegas also has no state income tax, while the other state tops out at 10.9% — a meaningful annual difference at higher income levels.
Median Home Value
$751,700
$395,300 ✓
Zillow Home Value
$812,534
$422,841
Median Gross Rent
$1,779/mo
$1,456/mo ✓
Owner Occupied %
32.8%
55.7%
Price-to-Rent Ratio
35.2x
22.6x
Median Household Income
$79,713 ✓
$70,723
Per Capita Income
$50,776
$38,421
Unemployment Rate
7.7%
7.2% ✓
Poverty Rate
17.4%
14.2%
Avg Commute (min)
44.8 min
27.8 min
Drove Alone %
21.9%
72.6%
Public Transit %
45.5%
2.5%
Work From Home %
15.0%
10.5%
State Income Tax
10.9%
None
Total Sales Tax
8.5%
8.2% ✓
Property Tax Rate
1.7%
0.6%
Bachelor's Degree %
23.6%
17.3%
Median Age
38
38.5
Avg High Temp
62.6°F
79.9°F
Annual Precipitation
49.5"
4"
Annual Snowfall
29.8"
—
New York, NY 1 wins
- ✓Median Household Income
Las Vegas, NV 4 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Total Sales Tax
- ✓Unemployment Rate
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