Las Vegas vs Phoenix: Cost of Living

4%

Phoenix is about 4% more expensive than Las Vegas overall.

How Las Vegas Compares to Phoenix

Category by category

Renting about the same
Buying about the same
Goods ▼ 2%
Services ▼ 7%

Key Facts

Las VegasPhoenix
Median Rent$1,688/mo$1,712/mo
Median Home$458,300$454,900
Median Income$78,556$85,246
State Income TaxNone2.5% flat
Sales Tax8.375%8.6%

Housing: The Biggest Difference

Phoenix has the lower median home price by $3,400. Monthly rent is $24/month cheaper in Las Vegas.

Compare With Your Salary

Sources: Housing from Census ACS 2024. Goods and services from BEA Regional Price Parities 2023. Taxes from Tax Foundation. Full disclaimer.

Las Vegas vs Phoenix FAQ

Rent is $24/month cheaper in Las Vegas. Las Vegas's median rent is $1,688/month, while Phoenix's is $1,712/month. Source: Census ACS 2024.

Phoenix has the lower median home price at $454,900, saving $3,400 compared to Las Vegas. Source: Census ACS 2024.