Housing costs in Las Vegas?
A typical home costs
$164,300, which is 51.4% less expensive than the national average of
$338,100 and 38.5% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Las Vegas costs
$820 per month, which is 19.6% cheaper than the national average of
$1,020 and 2.4% more than the state average of
$800.
Can I afford Las Vegas?
To live comfortably in Las Vegas (zip 87701), New Mexico, a minimum annual income of
$31,320 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Las Vegas?
The cost of living in 87701 Las Vegas, NM is relatively low and affordable. The median home price in the city is around $115,400, which is well below the state's median home value and significantly lower than other nearby cities. Additionally, goods and services tend to be much cheaper in this area than other parts of the country. Property taxes are also lower than average, making it a great option for those looking to live on a tight budget. Furthermore, most people in Las Vegas take advantage of the great outdoor recreation opportunities available to them which can help offset any financial burdens associated with higher cost of living elsewhere.