Housing costs in Las Vegas?
A typical home costs
$468,500, which is 38.6% more expensive than the national average of
$338,100 and 12.3% more expensive than the average Nevada home, at
$417,100. Renting a two-bedroom unit in Las Vegas costs
$1,600 per month, which is 10.3% more than the national average of
$1,450 and 8.8% more than the state average of
$1,460.
Can I afford Las Vegas?
To live comfortably in Las Vegas (zip 89131), Nevada, a minimum annual income of
$89,640 for a family, and
$53,200 for a single person is recommended.
What does A.I. say about Las Vegas?
The cost of living in 89131 Las Vegas, NV is relatively high compared to other parts of the country. Housing costs are particularly expensive, with the median home value at around $286,000 and the median rent for a one-bedroom apartment clocking in around $1,000 a month. Additionally, transportation costs are also relatively high due to the city’s reliance on car culture. Groceries and healthcare also come with noticeable price tags that can add up quickly. However, entertainment is still quite affordable and there are numerous activities available throughout the city for all budgets.