Cost of Living in Las Vegas, NV
Population 650,873 · Nevada · Data vintage 2023
(100 = US avg)
Las Vegas is among the largest cities in Nevada by population, with the kind of employment diversity and housing variation that comes with a major regional hub. At 7.2%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Las Vegas
The median home value in Las Vegas is $395,300 — 30% above the national median of $305,000. Median rent runs $1,456/month, 11% higher than the national median of $1,314/month. The median household income of $70,723/year is 5% lower than the US median of $74,580. The local unemployment rate is 7.2%, above the national average of 4.8%. Nevada charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 79.9°F and lows of 57.7°F. Overall, Las Vegas has a cost of living index of 122 versus the US average of 100, meaning it is 22% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 58 | 62 | 71 | 78 | 88 | 99 | 104 | 102 | 94 | 81 | 67 | 56 |
| Low °F | 39 | 43 | 49 | 55 | 64 | 74 | 80 | 78 | 70 | 58 | 46 | 38 |
| Precip" | 0.67 | 0.82 | 0.51 | 0.23 | 0.08 | 0.01 | 0.13 | 0.22 | 0.24 | 0.35 | 0.29 | 0.44 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Las Vegas, NV?
Las Vegas has a cost index of 122 (100 = national average). It is 22% above the national average.
What is average rent in Las Vegas, NV?
The median gross rent in Las Vegas is $1,456 per month based on 2023 Census data.
What is the average home price in Las Vegas?
The median home value in Las Vegas is $395,300 according to Zillow and Census data.
What is the median income in Las Vegas?
The median household income in Las Vegas is $70,723 per year (2023 ACS 5-year estimates).
What is the sales tax in Las Vegas, NV?
The combined state and local sales tax rate in Las Vegas is 8.2%. Nevada has no state income tax.
Is Las Vegas, NV affordable?
Las Vegas is above average in cost of living, with an index of 122 — about 22% higher than the national average.
What is the weather like in Las Vegas?
Las Vegas has average high temperatures of 79.9°F and average lows of 57.7°F. Annual precipitation is 4". Data from NOAA 1991–2020 Climate Normals.
Las Vegas at a Glance
- Population
- 650,873
- Median Income
- $70,723
- Home Value
- $395,300
- Median Rent
- $1,456/mo
- Unemployment
- 7.2%
- Avg High Temp
- 79.9°F
- Sales Tax
- 8.2%
Nearby Cities
Compare Las Vegas
Explore county-level cost of living data
Nevada Rankings
Similar Cost Cities
Cities in other states with comparable housing costs