Housing costs in Las Vegas?
A typical home costs
$546,000, which is 61.5% more expensive than the national average of
$338,100 and 30.9% more expensive than the average Nevada home, at
$417,100. Renting a two-bedroom unit in Las Vegas costs
$1,340 per month, which is 7.6% cheaper than the national average of
$1,450 and 9.0% cheaper than the state average of
$1,460.
Can I afford Las Vegas?
To live comfortably in Las Vegas (zip 89124), Nevada, a minimum annual income of
$104,760 for a family, and
$44,800 for a single person is recommended.
What does A.I. say about Las Vegas?
The cost of living in 89124 Las Vegas, NV is quite affordable compared to many other areas in the US. According to BestPlaces, the overall cost of living index in Las Vegas is 68.24, which is 7% lower than the national average. This means goods and services are fairly priced and can be easily managed within a budget. Renting an apartment or house will likely take up most of your budget, with an average one-bedroom apartment costing around $1,200 per month. Groceries are also reasonably priced at around $400 a month. Other expenses such as transportation and utilities can vary greatly depending on personal needs and lifestyle, but generally should not break the bank.