Cost of Living in
Las Vegas

• Housing is 5% higher than the US average. The median house price in Las Vegas currently stands at $561,570.00, compared to the national median of $400,000. If you're buying a new house in Las Vegas, you should set aside 15–20% of the home price upfront as a down payment. Mortgage rates remain relatively high, ranging between 6.3% and 6.9%, which can reduce purchasing power for many entry-level buyers.
• Renting in Las Vegas is 12.4% higher than the national average of $1,627. A studio apartment in Las Vegas costs around $1,536.00 per month, compared to the US median of $1,250. A one-bedroom house averages $1,303, while average rent for a two-bedroom home in Las Vegas is $1,565. Even at these prices, you're unlikely to get a spacious house with a backyard in Las Vegas —especially in central areas where lot sizes are smaller and demand is rising.
• Utilities are 4% lower than the national average. Las Vegas residents spend an average of $204.94 per month on electricity. But during peak summer months, energy use often exceeds 1,500 kWh/month, which can push bills past $400.
• Food prices in Las Vegas are 2% higher than the US median. A bottle of milk costs $4.89, compared to the national average of $4.10. A dozen eggs are priced at $4.43, slightly above the national average of $2.80. A pound of potatoes costs $4.89, which is noticeably higher than the national average of $3.90. If you're a family of four, your monthly grocery bills can range from $1,200 to $1,600. Single adults typically spend $400 to $700 per month, depending on their diet and dining habits.
• Transportation costs are 5.51% lower below the US average. The average gas price in Las Vegas, NV, is $3.73 per gallon, which is more or less close to the national average. Car insurance averages $216 per month, 12% above than the US median of $192. Regular bus fares on most Las Vegas RTC bus routes is $2, while Strip buses require low-priced passes.
• Healthcare costs in Las Vegas are 15.33% lower than the national average. An optometry check-up costs $119.82, while a dentist appointment is priced at $106.19. A standard visit to a general practitioner costs $120.54 without insurance, slightly below the national average of $140. If you sprain your ankle hiking Red Rock Canyon, an ER visit will cost around $2,000 without insurance—still more affordable than the national average of $2,600 for emergency care.
• Miscellaneous expenses in Las Vegas are 20.48% lower than the national average. This category includes everything from weekend entertainment at local casinos to fitness and leisure spending. When it comes to dining out, a meal at a casual restaurant costs around $17.25. If you plan a family day at local attractions like the Discovery Children's Museum or Shark Reef Aquarium, it can cost you up to $150. Meanwhile, date nights in Summerlin—complete with dinner and drinks—can run $100 or more.

Moving to Las Vegas? Be ready to pay more. Sure, the Strip, desert sunsets, and endless entertainment are free to enjoy—but make sure your paycheck can handle everything else! 👉 Next Step: Compare single-family homes in Las Vegas, Nevada.