Cost of living in Las Vegas: rent, homes and salary
A 0.2% higher cost of living in Las Vegas than the US average comes from BEA's 2024 regional price parity (RPP): Las Vegas, NV metro area stands at 100.2, the US at 100, and housing at 115.5 on its own.
- Level of prices
- 100.2US = 100, BEA 2024
- Price level for housing
- 115.5 for rents, with US = 100.
Cost of living index for Las Vegas
A regional price parity sets the cost of the same goods and services in one place against the US average, which is set at 100. The metro area known as Las Vegas-Henderson-North Las Vegas, NV includes Las Vegas, and BEA prices all of it together. Housing (rents) sits furthest from the US average: 115.5, or 15.5% above the US.
| Price level, US = 100 | Las Vegas, NV metro | Nevada | Metro against the US |
|---|---|---|---|
| All items | 100.2 | 100.0 | +0.2% |
| Goods | 96.3 | 96.3 | −3.7% |
| Housing (rents) | 115.5 | 114.1 | +15.5% |
| Utilities | 90.6 | 90.5 | −9.4% |
| Other services | 98.7 | 98.7 | −1.3% |
U.S. Bureau of Economic Analysis, 2024 regional price parities for metro areas and states. BEA regional price parities
Rent prices in Las Vegas
In Las Vegas, the typical asking rent comes to $1,700 a month, based on the Zillow Observed Rent Index, or ZORI, which measures rent on homes listed now, at +0.5% on a year. Across the US, the figure comes to $1,932. Under Census counting, median gross rent is $1,688; that measure includes every renting household, not only new leases. Asking rent for a year takes 26% of the median household income.
| Rent | Las Vegas | United States |
|---|---|---|
| Typical asking rent, Zillow ZORI | $1,700 | $1,932 |
| Asking rent, 12-month change | +0.5% | |
| Median gross rent, Census ACS 2024 | $1,688 | $1,487 |
| Share of median income for a year of asking rent | 26% | 28% |
Zillow Observed Rent Index; Census Bureau American Community Survey 2024, using one-year estimates.
Las Vegas home prices
In Las Vegas, a typical home was worth $417,475 in September 2026, according to Zillow Home Value Index (ZHVI), which measures the value of a typical mid-market home. That is a change of −2.8% on a year, while the figure for the US is $366,157. In the US that figure is 4.5 years, compared with 5.3 years in Las Vegas.
| Home prices | Las Vegas | United States |
|---|---|---|
| Typical home value, September 2026 | $417,475 | $366,157 |
| 12-month change | −2.8% | +1.2% |
| 10-year change | +95.3% | +77.4% |
| Price to income (years of median income) | 5.3 | 4.5 |
| Price to rent (years of asking rent) | 20.5 | 15.8 |
Days on market, a forecast, and the price chart since 2000: Las Vegas housing market.
The salary you need to live in Las Vegas
In Las Vegas, the salary that buys what your pay buys now depends on two things: where you live, and how much you earn.
- Moving away from
- Salary
Side by side, the method and every city: cost of living by city.
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Las Vegas cost of living compared with other cities
| City | Level of prices | Housing | Typical rent figure | Home value, typical |
|---|---|---|---|---|
| Las Vegas | 100.2 | 115.5 | $1,700 | $417,475 |
| Reno | 101.0 | 123.5 | $1,997 | $571,562 |
| New York City | 112.6 | 148.6 | $4,089 | $825,854 |
| Los Angeles | 113.6 | 170.4 | $2,772 | $927,891 |
| Chicago | 103.6 | 112.0 | $2,311 | $334,108 |
| Houston | 98.6 | 104.5 | $1,544 | $259,465 |
| Phoenix | 103.3 | 121.2 | $1,571 | $404,067 |
| Philadelphia | 102.6 | 113.1 | $1,757 | $231,584 |
| San Antonio | 94.7 | 94.6 | $1,381 | $244,623 |
Price levels come from BEA regional price parities 2024, with US = 100. Rent comes from Zillow ZORI. Home value comes from Zillow ZHVI, September 2026.
All cities, ranked: city cost of living comparison. State by state: cost of living in each state.