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Cost of Living: New York vs Las Vegas

How expensive is Las Vegas compared with New York City? Overall prices, rent, goods, utilities and services in the Las Vegas-Henderson-North Las Vegas, NV metro area versus the New York metro area, plus the salary you’d need to live the same way.

Las Vegas is 11% cheaper than New York
Cost of living index 89 (New York metro = 100) · 2024

Salary converter

Same lifestyle in Las Vegas
$89,030
You’d need $10,970 less per year
≈ $99,966 in New York buys the same standard of living.

Before taxes. Income tax, sales tax and benefits differ a lot between places and aren’t included.

Where the difference comes from

Rent & housing
22% cheaper
Goods (groceries, clothing, etc.)
13% cheaper
Utilities
29% cheaper
Other services (healthcare, dining, transport…)
7% cheaper
New York metroLas Vegas metro

Bars show each category’s price level relative to the US average (BEA Regional Price Parities, 2024). Rent is usually the biggest driver.

The numbers

Metro area
Las Vegas-Henderson-North Las Vegas, NV
Price level vs US average
100.2 (New York: 112.6)
Rent vs US average
115.5 (New York: 148.6)
Source
U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Frequently asked questions

Is Las Vegas cheaper than New York?

Yes. Las Vegas is 11% cheaper than the New York metro area overall (index 89, New York = 100).

What salary in Las Vegas equals $100,000 in New York?

About $89,030 a year buys the same standard of living in Las Vegas as $100,000 in the New York metro area, before taxes.

How do rents in Las Vegas compare with New York?

Rents and housing costs in the Las Vegas-Henderson-North Las Vegas, NV metro area are 22% cheaper than the New York metro area (BEA, 2024).

Where does this data come from?

U.S. Bureau of Economic Analysis Regional Price Parities for 2024, which compare the price of the same basket of goods, rents, utilities and services across US metro areas.

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