Is Las Vegas, NV cheaper than New York, NY?

Based on cost of living data, Las Vegas, NV is 35.1% cheaper than New York, NY. This translates to saving $2634 per month.

What salary do I need in Las Vegas, NV to live like I do in New York, NY?

If you earn $150,000 in New York, NY, you'd need approximately $118,392.857 in Las Vegas, NV to maintain the same standard of living.

How does housing cost compare between New York, NY and Las Vegas, NV?

Housing in Las Vegas, NV is 56.8% cheaper than in New York, NY. For a two-bedroom apartment, rent is $1,655/month in Las Vegas, NV compared to $3,590/month in New York, NY.

How much can I save per month by moving from New York, NY to Las Vegas, NV?

Moving from New York, NY to Las Vegas, NV could save you approximately $2634 per month, or $31607 per year, based on a $150,000 salary.

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New York, NY

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Las Vegas, NV

Cost of Living Comparison 2026

Current salary in New York, NY

Numbers update automatically as you type

You'd save $2.6K/month moving to Las Vegas, NV

$150.0K in your current city equals $118.4K in Las Vegas, NV

Rent data from HUD ZIP-level estimates · COL index from New York-Newark-Jersey City, NY-NJ-PA area

Overall Cost

↓ 35.1%

Less expensive

Monthly Impact

$2,634

Savings

Annual Impact

$31.6K

Per year

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

New York, NY

Population:8337K

Cost Index:100

Median Home:$1.05M

Las Vegas, NV

Population:656K

Cost Index:65

Median Home:$377K

New York, NY

The Empire State

8.3M

Population

State Tax

Yes

Climate

Humid subtropical

Notable Facts

•Most populous city in the US
•Major global financial center
•World-renowned cultural hub

Major Industries

FinanceReal EstateTechnologyMedia

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

Cost Breakdown by Category

Annual spending: New York, NY vs Las Vegas, NV

Category	New York, NY	Las Vegas, NV	Difference	Change
🏠Housing	$7,648/mo	$3,300/mo	↓ $4,348less	56.8%
📦Other	$2,034/mo	$1,808/mo	↓ $226less	11.1%
🛒Groceries	$1,165/mo	$1,039/mo	↓ $126less	10.8%
⚡All Utilities	$600/mo	$508/mo	↓ $91.80less	15.3%
🚗Transportation	$1,602/mo	$1,544/mo	↓ $58.74less	3.7%
🏥Healthcare	$688/mo	$632/mo	↓ $55.76less	8.1%

🏠Housing

↓ 56.8%

New York, NY

$7,648

Las Vegas, NV

$3,300

Difference

$4,348

less

📦Other

↓ 11.1%

New York, NY

$2,034

Las Vegas, NV

$1,808

Difference

$226

less

🛒Groceries

↓ 10.8%

New York, NY

$1,165

Las Vegas, NV

$1,039

Difference

$126

less

⚡All Utilities

↓ 15.3%

New York, NY

$600

Las Vegas, NV

$508

Difference

$91.80

less

🚗Transportation

↓ 3.7%

New York, NY

$1,602

Las Vegas, NV

$1,544

Difference

$58.74

less

🏥Healthcare

↓ 8.1%

New York, NY

$688

Las Vegas, NV

$632

Difference

$55.76

less

🏛️ Local Income Taxes

New York, NY: NYC Income Tax$5,689/yr (3.8%)

Las Vegas, NV has no local income tax.

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

🏠Rent Comparison

Studio

From$3,120

To$1,270

↓ $1,850

1 Bed

From$3,270

To$1,410

↓ $1,860

2 Bed

From$3,590

To$1,655

↓ $1,935

3 Bed

From$4,500

To$2,300

↓ $2,200

New York, NYZIP-level data

1BR range: $2,260–$3,990/mo

Las Vegas, NVZIP-level data

1BR range: $1,330–$2,210/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.

$13,737

Monthly in New York, NY

$8,831

Monthly in Las Vegas, NV

$4,906

Difference

Home Values

New York

Las Vegas

$1.05M

Median Value

$377K

↓ -0.1%

YoY Change

↓ -2.3%

↓ -5.9%

5-Year Change

↑ +37.2%

$471K - $3.49M

Price Range

$265K - $712K

Homes in Las Vegas are 64% less expensive than New York

Calculate payment - New York Calculate payment - Las Vegas

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $9.5K

Per year

Monthly Difference

$795

More take-home

Effective Rate Diff

6.4%

Rate difference

New York, NY

Federal Income Tax

Effective: 18.9%

$25.5K

New York State Tax

Effective: 6.4%

$9.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 31.0%

$46.6K

Take-Home Pay

$8,620/month

$103.4K

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

Additional Tax Information

New York, NY Tax Rates

Sales Tax:8.8%

Property Tax:1.2%

Las Vegas, NV Tax Rates

Sales Tax:8.2%

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.