Housing costs in Las Vegas?
A typical home costs
$311,800, which is 7.8% less expensive than the national average of
$338,100 and 25.2% less expensive than the average Nevada home, at
$417,100. Renting a two-bedroom unit in Las Vegas costs
$1,290 per month, which is 11.0% cheaper than the national average of
$1,450 and 13.2% cheaper than the state average of
$1,460.
Can I afford Las Vegas?
To live comfortably in Las Vegas (zip 89110), Nevada, a minimum annual income of
$59,760 for a family, and
$43,200 for a single person is recommended.
What does A.I. say about Las Vegas?
The cost of living in 89110 Las Vegas, NV is relatively high compared to other cities. According to BestPlaces's Cost of Living Index, the overall cost of living in this area is estimated at around 18.46 percent higher than the national average. This includes groceries, housing, transportation and utilities, among other expenses. Groceries are around 17.71 percent higher than the national average, and renting a one bedroom apartment comes in at an average of $945 per month. For those looking for a slightly more affordable option for housing, it is possible to find a two-bedroom apartment for around $1,300 per month on average. Transportation costs are slightly below the national average at 10.63 percent lower than normal costs in other areas across the country. Overall, while prices may be higher compared to some locations, Las Vegas also offers plenty of exciting activities and attractions that can balance out these additional costs.