Cost of Living in Las Vegas, NV
Population: 650,873 • 2026 Data
$70,723
Median Household Income
-9% vs national
$1,456
Median Monthly Rent
+8% vs national
$395,300
Median Home Value
+17% vs national
7.1%
Unemployment Rate
Housing in Las Vegas
The median home value in Las Vegas, NV is $395,300. Monthly rent for a typical unit averages $1,456, while total monthly housing costs (including utilities and insurance) average $1,452.
Rent-to-income ratio: 24.7%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Las Vegas, NV is $70,723. The unemployment rate stands at 7.1%, with a labor force of 326,677 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.