States › Nevada › Las Vegas

Is Las Vegas, NV expensive to live in?

OKRent takes 27 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,8063% higher than U.S. average
💵 Families earn per year (2026)$79,676about $6,640/month · 8% lower than U.S. average
🔑 House price$427,90029% higher than U.S. average

Las Vegas is the largest city in Nevada that we track, with 660,400 residents. Rent is higher than in 58% of U.S. cities. A typical house costs about 5.4 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $72,240 a year. That is $35 an hour at a full-time job.

Is rent cheaper than other Nevada cities?

No. Rent here is more expensive than in most of Nevada. It is number 20 of 34 cities from cheapest to most expensive.

Las Vegas
$1,806
$2,044
$1,783

Compare Las Vegas with other big cities

vs New Yorkvs Los Angelesvs Chicagovs Houstonvs Hendersonvs North Las Vegasvs Renovs Enterprisevs Overland Parkvs Garlandvs Philadelphiavs Durham

Compare Las Vegas to 149 other cities →

How much do households earn in Las Vegas?

Under $25k
13.0%
$25k–50k
22.0%
$50k–100k
33.3%
$100k–150k
15.2%
$150k+
10.7%

Share of households by yearly income. 26.0% of households earn $100,000 or more.

Rent by apartment size in Las Vegas

SizeLas VegasU.S. average
Studio$1,136$1,338
1 bedroom$1,326$1,324
2 bedrooms$1,614$1,509
3 bedrooms$1,966$1,698
4 bedrooms$2,336$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Las Vegas overall?

Everyday prices in the Las Vegas-Henderson-North Las Vegas metro area are same as the U.S. average (index 100.2, U.S. = 100).

Housing
116
Goods (food, clothes…)
96
Utilities
91
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.

Taxes and bills in Las Vegas

🏛️ Property tax$2,065a year · 0.48% of home value · U.S. $3,119
⚡ Electric bill$159a month (typical) · U.S. $156

Life in Las Vegas

Commute to work25.7 minU.S.: 26.4 min
College degree27.7%U.S.: 35.7%
Own their home56.6%U.S.: 65.2%
Below poverty line14%U.S.: 12.5%
Unemployment7.4%U.S.: 5.2%

What jobs pay in Las Vegas

JobMedian payRent / pay
Lawyer$150,51014.4%
Nurse Practitioner$144,06015.0%
Pharmacist$136,25015.9%
Physician Assistant$134,66016.1%
Software Developer$129,94016.7%
Dental Hygienist$109,21019.8%
Civil Engineer$106,11020.4%
Registered Nurse$103,94020.9%
Computer Systems Analyst$103,76020.9%
Operations Manager$97,29022.3%
Accountant$80,53026.9%
Police Officer$77,75027.9%
Licensed Practical Nurse$75,92028.5%
Market Research Analyst$74,67029.0%
Electrician$70,89030.6%
Elementary School Teacher$65,04033.3%
Carpenter$62,38034.7%
Truck Driver$60,65035.7%
HVAC Technician$60,24036.0%
Plumber$59,70036.3%
Firefighter$59,28036.6%
Nursing Assistant$45,35047.8%
Medical Assistant$44,22049.0%
Customer Service Representative$39,56054.8%
Warehouse Worker$38,94055.7%
Restaurant Cook$38,80055.9%
Retail Salesperson$33,72064.3%
Cashier$29,36073.8%
Server (Waiter/Waitress)$27,11079.9%

Is it cheaper to rent or buy in Las Vegas?

Renting is cheaper right now: about $1,163 a month less.

Renting
$1,806
Owning
$2,969

Owning assumes a typical $427,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $42,790 for the down payment.

Frequently asked questions

What is the average rent in Las Vegas, NV?

Renting in Las Vegas costs a median of about $1,806 a month in 2026, including utilities. The Nevada median is $1,742.

How much do I need to make to live in Las Vegas?

To keep rent under 30% of income, you need about $72,240 a year, or $35 an hour at a full-time job.

Is Las Vegas cheap or expensive?

Las Vegas is rated OK: rent takes 27.2% of the typical household income of $79,676. It ranks 20th cheapest of 34 Nevada cities we track.

How much are property taxes in Las Vegas?

The median homeowner in Las Vegas pays $2,065 a year in property taxes, about 0.48% of the median home value.

Is Las Vegas more expensive than the national average?

Overall prices in the metro area are same as the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Las Vegas?

The median home value in Las Vegas is $427,900, about 5.4 times the typical yearly household income.

660,400 people live in Las Vegas. Numbers are typical (middle) values.