Is Phoenix, AZ cheaper than Las Vegas, NV?

Based on cost of living data, Phoenix, AZ is 5.3% cheaper than Las Vegas, NV. This translates to saving $399 per month.

What salary do I need in Phoenix, AZ to live like I do in Las Vegas, NV?

If you earn $150,000 in Las Vegas, NV, you'd need approximately $145,211.009 in Phoenix, AZ to maintain the same standard of living.

How does housing cost compare between Las Vegas, NV and Phoenix, AZ?

Housing in Phoenix, AZ is 15.5% cheaper than in Las Vegas, NV. For a two-bedroom apartment, rent is $1,750/month in Phoenix, AZ compared to $1,655/month in Las Vegas, NV.

How much can I save per month by moving from Las Vegas, NV to Phoenix, AZ?

Moving from Las Vegas, NV to Phoenix, AZ could save you approximately $399 per month, or $4789 per year, based on a $150,000 salary.

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Las Vegas, NV

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Phoenix, AZ

Cost of Living Comparison 2026

Current salary in Las Vegas, NV

Numbers update automatically as you type

You'd save $399/month moving to Phoenix, AZ

$150.0K in your current city equals $145.2K in Phoenix, AZ

Rent data from HUD ZIP-level estimates · COL index from Las Vegas-Henderson-Paradise, NV area

Overall Cost

↓ 5.3%

Less expensive

Monthly Impact

$399

Savings

Annual Impact

$4.8K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Las Vegas, NV

Population:656K

Cost Index:100

Median Home:$377K

Phoenix, AZ

Population:1608K

Cost Index:95

Median Home:$414K

Las Vegas, NV

The Silver State

656K

Population

State Tax

No Income Tax

Climate

Hot desert

Notable Facts

•Entertainment capital
•No state income tax
•Desert oasis

Major Industries

TourismEntertainmentTechnologyLogistics

Phoenix, AZ

The Grand Canyon State

1.6M

Population

State Tax

Yes

Climate

Hot desert

Notable Facts

•Fastest growing major city
•Desert metropolis
•Spring training capital

Major Industries

TechnologyHealthcareTourismManufacturing

Cost Breakdown by Category

Annual spending: Las Vegas, NV vs Phoenix, AZ

Category	Las Vegas, NV	Phoenix, AZ	Difference	Change
🏠Housing	$3,300/mo	$2,788/mo	↓ $512less	15.5%
📦Other	$1,808/mo	$1,677/mo	↓ $131less	7.2%
🛒Groceries	$1,039/mo	$963/mo	↓ $75.94less	7.3%
🚗Transportation	$1,544/mo	$1,489/mo	↓ $54.64less	3.5%
⚡All Utilities	$508/mo	$561/mo	↑ $53.00more	10.4%
🏥Healthcare	$632/mo	$589/mo	↓ $43.37less	6.9%

🏠Housing

↓ 15.5%

Las Vegas, NV

$3,300

Phoenix, AZ

$2,788

Difference

$512

less

📦Other

↓ 7.2%

Las Vegas, NV

$1,808

Phoenix, AZ

$1,677

Difference

$131

less

🛒Groceries

↓ 7.3%

Las Vegas, NV

$1,039

Phoenix, AZ

$963

Difference

$75.94

less

🚗Transportation

↓ 3.5%

Las Vegas, NV

$1,544

Phoenix, AZ

$1,489

Difference

$54.64

less

⚡All Utilities

↑ 10.4%

Las Vegas, NV

$508

Phoenix, AZ

$561

Difference

$53.00

🏥Healthcare

↓ 6.9%

Las Vegas, NV

$632

Phoenix, AZ

$589

Difference

$43.37

less

🏠Rent Comparison

Studio

From$1,270

To$1,390

↑ $120

1 Bed

From$1,410

To$1,510

↑ $100

2 Bed

From$1,655

To$1,750

↑ $95.00

3 Bed

From$2,300

To$2,330

↑ $30.00

Las Vegas, NVZIP-level data

1BR range: $1,330–$2,210/mo

Phoenix, AZZIP-level data

1BR range: $1,300–$2,380/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$8,831

Monthly in Las Vegas, NV

$8,068

Monthly in Phoenix, AZ

$763

Difference

Home Values

Las Vegas

Phoenix

$377K

Median Value

$414K

↓ -2.3%

YoY Change

↓ -3.1%

↑ +37.2%

5-Year Change

↑ +30.2%

$265K - $712K

Price Range

$274K - $957K

Homes in Phoenix are 10% more expensive than Las Vegas

Calculate payment - Las Vegas Calculate payment - Phoenix

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $5.2K

More taxes

Monthly Difference

$436

Less take-home

Effective Rate Diff

3.5%

Rate difference

Las Vegas, NV

Federal Income Tax

Effective: 18.9%

$25.5K

Nevada State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

Phoenix, AZ

Federal Income Tax

Effective: 18.9%

$25.5K

Arizona State Tax

Effective: 3.5%

$5.2K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 28.2%

$42.2K

Take-Home Pay

$8,979/month

$107.8K

Additional Tax Information

Las Vegas, NV Tax Rates

Sales Tax:8.2%

Property Tax:0.6%

Phoenix, AZ Tax Rates

Sales Tax:8.5%

Property Tax:0.6%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.