Housing costs in Las Vegas?
A typical home costs
$663,300, which is 96.2% more expensive than the national average of
$338,100 and 59.0% more expensive than the average Nevada home, at
$417,100. Renting a two-bedroom unit in Las Vegas costs
$2,230 per month, which is 53.8% more than the national average of
$1,450 and 34.5% more than the state average of
$1,460.
Can I afford Las Vegas?
To live comfortably in Las Vegas (zip 89138), Nevada, a minimum annual income of
$127,080 for a family, and
$74,400 for a single person is recommended.
What does A.I. say about Las Vegas?
Las Vegas is an expensive city to live in, and the cost of living in 89138 is no exception. According to BestPlaces, the cost of living index for this zip code alone is 72.2, which is much higher than the national average of 57.5. Rent for a one bedroom apartment in this area can range anywhere from $1,000 - $1,600 a month depending on location and amenities. Other costs such as groceries, utilities, and transportation are also higher than normal due to Las Vegas' large tourist industry. In general those who choose to live in Las Vegas should plan on having enough money saved up to cover the cost of living without issue.