Cost of Living in Las Vegas, NV
| Cost of Living in Las Vegas, NV | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 4% lower | 3% higher |
| Utilities (Monthly) | 5% higher | 8% lower |
| Food | 0% | 3% higher |
| Healthcare | 1% higher | 12% lower |
| Transportation | 1% lower | 13% higher |
| Goods & Services | 6% lower | 17% lower |
The cost of living in Las Vegas, NV is 3% lower than the state average and 4% lower than the national average. Las Vegas, NV housing is 3% more expensive than the U.S average, while utilities are about 8% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 3% pricier in Las Vegas, NV than in the rest of the country, while clothing costs around 17% less .
Healthcare services such as doctor check-ups and dentistry cost 12% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 17% cheaper in Las Vegas, NV.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Las Vegas is $1,453, while home prices circle around $562,215.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Las Vegas, energy bills cost around $196.09 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.91 in Las Vegas, a dozen eggs go for around $4.75 and a pound of potatoes circles around $4.62.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Las Vegas, an optometry check-up costs around $125.65, while a dentist appointment is priced $108.50 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.67 in Las Vegas, while getting your tires balanced will run you about $62.17.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $27.88 here. Meanwhile, a pair of women's slacks will set you back around $29.26.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Las Vegas, you should budget around $13.84 a month. When it comes to personal services, a haircut usually goes for $18.15, while dry cleaning costs about $19.78.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Las Vegas, the median household income is $73,877.