Summary
- • The overall cost of living in Las Vegas is 3% higher than the national average
- • Housing costs in Las Vegas are 12% higher than the national average
- • Utility costs in Las Vegas are 10% lower than the national average
- • Grocery costs in Las Vegas are 3% higher than the national average
- • Transportation costs in Las Vegas are 8% higher than the national average
- • Healthcare costs in Las Vegas are 2% lower than the national average
- • The median home price in Las Vegas is $410,000
- • The average rent for a 1-bedroom apartment in Las Vegas is $1,095
- • The average rent for a 2-bedroom apartment in Las Vegas is $1,370
- • The average monthly energy bill in Las Vegas is $103.30
- • The average water bill in Las Vegas is around $40 per month
- • The average internet bill in Las Vegas is $60 per month
- • The average cost of a meal at an inexpensive restaurant in Las Vegas is $15
- • A gallon of milk costs an average of $3.27 in Las Vegas
- • A loaf of bread costs an average of $2.85 in Las Vegas
From the glitz and glamour of the Strip to the hidden gems of the city, Las Vegas is known for its larger-than-life experiences. But what about the not-so-flashy details like the cost of living in Sin City? Well, buckle up, because weve crunched the numbers: Las Vegas may offer lower utility bills and healthcare costs compared to the national average, but be prepared to shell out more for housing, groceries, and transportation. So, if youre considering a move to the Entertainment Capital of the World, grab your wallet and stay tuned for a breakdown of the average costs of living in this vibrant desert oasis.
Entertainment and Fitness
- The average monthly gym membership in Las Vegas costs $36
- A movie ticket in Las Vegas costs an average of $12
- The average price of a beer in a Las Vegas bar is $6
- The average cost of a fitness class in Las Vegas is $15
- The average cost of a concert ticket in Las Vegas is $95
- The average cost of a haircut in Las Vegas is $21
- The average cost of a pack of cigarettes in Las Vegas is $8
- The average cost of a monthly Netflix subscription in Las Vegas is $13.99
- The average cost of a monthly gym membership in Las Vegas is $36
- The average cost of tennis court rent for 1 hour on weekend in Las Vegas is $15
- The average cost of a pair of jeans (Levis 501 or similar) in Las Vegas is $45
- The average cost of a summer dress in a chain store (Zara, H&M, ...) in Las Vegas is $35
- The average cost of a pair of Nike running shoes (mid-range) in Las Vegas is $80
- The average cost of a pair of men's leather business shoes in Las Vegas is $95
Interpretation
In Las Vegas, it seems "keeping up with the Joneses" involves more than just flashy casinos and bright lights. With the average monthly gym membership costing $36, a movie ticket setting you back $12, and a beer at a local bar priced at $6, it’s clear that even staying fit and entertained comes with a price tag in this desert oasis. So, if you’re planning to break a sweat while watching a concert in your new Levi’s jeans and Nike running shoes, you might want to budget wisely – because the cost of living in Vegas is not just a gamble, it's a high-stakes game of financial acrobatics.
Food and Groceries
- Grocery costs in Las Vegas are 3% higher than the national average
- The average cost of a meal at an inexpensive restaurant in Las Vegas is $15
- A gallon of milk costs an average of $3.27 in Las Vegas
- A loaf of bread costs an average of $2.85 in Las Vegas
- The average cost of a dozen eggs in Las Vegas is $3.50
- The average cost of a cappuccino in Las Vegas is $4.54
- The average cost of a hamburger in Las Vegas is $4.50
- The average cost of a bottle of wine in Las Vegas is $12
- The average cost of a domestic beer in a Las Vegas supermarket is $2.50
- The average cost of a Big Mac in Las Vegas is $4.63
- The average cost of a pound of chicken breast in Las Vegas is $4.22
- The average cost of a pound of beef round in Las Vegas is $5.76
- The average cost of a pound of local cheese in Las Vegas is $5.50
- The average cost of a pound of apples in Las Vegas is $2.20
- The average cost of a pound of potatoes in Las Vegas is $1.10
- The average cost of a pound of onions in Las Vegas is $1.30
- The average cost of a pound of tomatoes in Las Vegas is $2.00
- The average cost of a 2-liter bottle of Coca-Cola in Las Vegas is $2.30
- The average cost of a bottle of water (1.5 liter) in Las Vegas is $1.90
Interpretation
In Las Vegas, the cost of living may not always be a safe bet, as even everyday groceries can feel like a high-stakes game. From inflated milk prices to pricey cappuccinos, navigating the city's culinary landscape can sometimes feel like navigating a roulette wheel. While a burger might cost you a few extra chips, at least you can drown your financial sorrows with a reasonably priced bottle of wine. So, if you're willing to roll the dice on your grocery bill, Las Vegas may just offer you a culinary experience worth betting on. Just make sure your wallet isn't left feeling like it hit a blackjack losing streak.
Healthcare
- Healthcare costs in Las Vegas are 2% lower than the national average
- A doctor's visit in Las Vegas costs an average of $112
- A dentist visit in Las Vegas costs an average of $98
- The average cost of a veterinary visit in Las Vegas is $55
- The average cost of health insurance for a single person in Las Vegas is $456 per month
Interpretation
In Las Vegas, it seems the stakes are looking pretty good when it comes to healthcare costs. With doctor's visits and dental check-ups coming in at relatively reasonable prices, residents can breathe a sigh of relief knowing they won't have to bet the house on their medical bills. Plus, with pet-friendly veterinary prices and somewhat affordable health insurance rates, living in the desert oasis may not leave you feeling like you've rolled snake eyes on your healthcare expenses.
Housing
- Housing costs in Las Vegas are 12% higher than the national average
- The median home price in Las Vegas is $410,000
- The average rent for a 1-bedroom apartment in Las Vegas is $1,095
- The average rent for a 2-bedroom apartment in Las Vegas is $1,370
- The average property tax rate in Las Vegas is 0.65%
- The average cost of homeowners insurance in Las Vegas is $1,163 per year
- The average cost of renters insurance in Las Vegas is $178 per year
Interpretation
In Las Vegas, it seems like the stakes are high not just on the casino floor but also in the housing market. With housing costs 12% above the national average, locals are putting down some serious chips to live in the City of Lights. From a median home price of $410,000 to average rents that could make your pennies sweat, residents are shelling out to call Sin City home. And let's not forget about those property taxes and insurance premiums - it's a gamble, but for many, the thrill of living in Las Vegas is worth every cent.
Overall Cost
- The overall cost of living in Las Vegas is 3% higher than the national average
- The median household income in Las Vegas is $56,354
- The average salary in Las Vegas is $59,000 per year
- The sales tax rate in Las Vegas is 8.38%
Interpretation
In the lively entertainment capital of Las Vegas, it's no surprise that the cost of living is playing a slightly higher stakes game than the national average, standing at 3%. However, with a median household income of $56,354 and an average salary of $59,000, residents seem to be hitting the jackpot in terms of their earning potential. Just remember to budget for that 8.38% sales tax rate - after all, what happens in Vegas may stay in Vegas, but those bills sure do follow you home!
Transportation
- Transportation costs in Las Vegas are 8% higher than the national average
- A monthly public transportation pass in Las Vegas costs $65
- The average price of gasoline in Las Vegas is $3.40 per gallon
- The average cost of car insurance in Las Vegas is $2,246 per year
- The average cost of a taxi start (normal tariff) in Las Vegas is $3.50
- The average cost per mile of taxi fare in Las Vegas is $2.76
- The average cost of a new Toyota Corolla in Las Vegas is $20,995
- The average cost of a monthly pass for public transport in Las Vegas is $65
- The average cost of a one-way ticket on local transport in Las Vegas is $2
Interpretation
With transportation costs revving higher than a Vegas slot machine jackpot, residents and visitors alike might find themselves paying a pretty penny just to get from point A to point B in the Entertainment Capital of the World. From pricey gas pumps to luxury car prices, navigating the desert streets comes at a premium. So, next time you hop into a taxi and see that meter ticking away faster than your luck at the casino, just remember: in Sin City, even a ride from the Strip to Downtown can feel like a high-stakes gamble on your wallet.
Utilities
- Utility costs in Las Vegas are 10% lower than the national average
- The average monthly energy bill in Las Vegas is $103.30
- The average water bill in Las Vegas is around $40 per month
- The average internet bill in Las Vegas is $60 per month
- The average electricity rate in Las Vegas is 11.67 cents per kWh
- The average natural gas rate in Las Vegas is $9.39 per thousand cubic feet
Interpretation
In Las Vegas, living costs may not be as high-stakes as the blackjack tables. With utility costs 10% lower than the national average, residents can enjoy their air conditioning guilt-free, as the average electricity bill clocks in at a reasonable $103.30 per month. Even staying hydrated won't break the bank, with a water bill hovering around $40 monthly. And while the internet might be filled with temptations as alluring as a Vegas showgirl, at least the average internet bill won't empty your wallet at $60 per month. So, whether you're basking in the neon glow of the Strip or admiring the desert sunset from your porch, rest easy knowing that in Vegas, the odds are in your favor when it comes to keeping the lights on.
