Cost of Living Comparison

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Many of the 76,000 people who moved to Las Vegas in 2002 were looking for a better job and lifestyle. In a survey for Las Vegas Perspective 2003, over 47% of those who moved to Las Vegas indicated that these were their motivations. New residents welcome the fact that there are no personal income taxes in Nevada and lower/moderate consumer costs. Business relocate to and expand in Las Vegas to take advantage of the absence of business taxes (For further details on the Nevada tax structure, see Las Vegas Taxes.)

As you are comparing the cost of living, if you would like to see costs of available Las Vegas real estate, you can search over 12,000 available Las Vegas properties in the Free MLS SearchFree Las Vegas Real Estate MLS Search. Also, please contact us if we can answer questions you may have about housing costs or neighborhood characteristics in various communities in the Las Vegas Valley.

The following are examples of cost of living comparisons for several U.S. cities and Las Vegas for a current annual income of $ 50,000:

City Las Vegas IncomeEquivalent % Less Expensive in Las Vegas

San Diego, CA

$ 39,042

21.9
DC $ 42,379 15.2
Newark, NJ $ 40,053 19.9
New York, NY $ 22,400 55.2
LA/Long Beach, CA $ 40,392 19.2
Source: BLS Consumer Price Index Census Bureau, NAHB

We have provided below a link to one of the best Cost of Living Comparison Tools we have found. It will tell you whether your move to Las Vegas will increase your cash flow as it calculates the financial impact of your relocation. Employees have used this type of information to help with negotiations with their employers as they plan their relocation to Las Vegas.

We find this calculator to be more sophisticated than most since you will be able to enter your own detailed information including income, tax filing status, number of dependents and housing information. The calculator then will perform an analysis including utility costs, auto insurance costs, sales tax variances and other variables to give you your first year's change in cash which will result from your relocation to Las Vegas..

Go to Cost of Living Calculator

The resource below will enable you to compare the cost of living, taxes, housing costs, insurance costs for two cities. Other comparative information included is population, crime, weather and education statistics.

Go to "Compare Two Cities Tool"

The "Salary Wizard" will enable you to see what the job market is paying for your specific occupation in different areas of the country. How much might you make if you move to Las Vegas? Find out with the Salary Wizard.

Please contact us for more information regarding your Free MLS SearchLas Vegas MLS Search or call (702)336-6818