Housing costs in Las Vegas?
A typical home costs
$162,700, which is 51.9% less expensive than the national average of
$338,100 and 39.1% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Las Vegas costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 27.5% cheaper than the state average of
$1,020.
Can I afford Las Vegas?
To live comfortably in Las Vegas New Mex Metro Area, New Mexico, a minimum annual income of
$31,320 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Las Vegas?
The cost of living in the Las Vegas, NM Metro Area is 78.9, which is lower than the US average of 100. This indicates that living in this area can be more affordable compared to other areas in the country. This could be beneficial for those looking to relocate or buy a house in this area, as median house values are much lower than the US average at $162700. The low cost of living combined with relatively low median home values makes Las Vegas, NM Metro Area an attractive option for prospective homeowners looking for an affordable place to live.