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Phoenix, AZ

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Las Vegas, NV

Cost of Living Comparison 2026

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You'd spend $422/month more in Las Vegas, NV

$150.0K in your current city equals $155.1K in Las Vegas, NV

Rent data from HUD ZIP-level estimates · COL index from Phoenix-Mesa-Chandler, AZ area
Overall Cost
5.6%
More expensive
Monthly Impact
$422
Extra cost
Annual Impact
$5.1K
Per year

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

Phoenix, AZ

Population:1608K
Cost Index:100
Median Home:$414K

Las Vegas, NV

Population:656K
Cost Index:106
Median Home:$377K

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

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: Phoenix, AZ vs Las Vegas, NV

🏠Housing
18.4%
Phoenix, AZ
$2,788
Las Vegas, NV
$3,300
Difference
$512
more
📦Other
7.8%
Phoenix, AZ
$1,677
Las Vegas, NV
$1,808
Difference
$131
more
🛒Groceries
7.9%
Phoenix, AZ
$963
Las Vegas, NV
$1,039
Difference
$75.94
more
🚗Transportation
3.7%
Phoenix, AZ
$1,489
Las Vegas, NV
$1,544
Difference
$54.64
more
All Utilities
9.4%
Phoenix, AZ
$561
Las Vegas, NV
$508
Difference
$53.00
less
🏥Healthcare
7.4%
Phoenix, AZ
$589
Las Vegas, NV
$632
Difference
$43.37
more

🏠Rent Comparison

Studio
From$1,390
To$1,270
$120
1 Bed
From$1,510
To$1,410
$100
2 Bed
From$1,750
To$1,655
$95.00
3 Bed
From$2,330
To$2,300
$30.00
Phoenix, AZZIP-level data

1BR range: $1,300$2,380/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.

$8,068
Monthly in Phoenix, AZ
$8,831
Monthly in Las Vegas, NV
$763
Difference

Home Values

Phoenix
Las Vegas
$414K
Median Value
$377K
↓ -3.1%
YoY Change
↓ -2.3%
↑ +30.2%
5-Year Change
↑ +37.2%
$274K - $957K
Price Range
$265K - $712K

Homes in Las Vegas are 9% less expensive than Phoenix

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
$5.2K
Per year
Monthly Difference
$436
More take-home
Effective Rate Diff
3.5%
Rate difference

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

Las Vegas, NV

Federal Income Tax
Effective: 18.9%
$25.5K
Nevada State Tax
No state income tax
$0
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

Phoenix, AZ Tax Rates

Sales Tax:8.5%
Property Tax:0.6%

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.

Environment

Phoenix
Las Vegas
77 Moderate
Air Quality
N/A
9%
Good Air Days
-
100 Very High
Climate Risk
N/A
🔥🌊🌡
Top Hazards
-
+2.7°F
2050 Outlook
N/A
162 days
Heat Days >95°F
-
+2.7°F
2050 Outlook
N/A
162 days
Heat Days >95°F
-

💰 See how taxes change too — compare take-home pay between Arizona and Nevada on TaxTakeHome.com

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