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2024 BEA RPP All 4 categories Federal source

Las Vegas-Henderson-North Las Vegas, NV

Cost-of-living indicators for Las Vegas-Henderson-North Las Vegas, NV, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 29820 · Data year: 2024 · Rank: #86 of 387

Las Vegas-Henderson-North Las Vegas, NV has a cost of living index of 100.2, meaning it's 0.2% more expensive than the national average. Goods cost 3.7% less, services 9.4% less, and rents are 15.5% above average. A $100K national salary has the purchasing power of $99,785 here.

What the Numbers Mean for Las Vegas

Las Vegas ranks #86 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the top quartile for cost. With an overall Regional Price Parity of 100.2, Las Vegas-Henderson-North Las Vegas, NV is 0.2% more expensive than the national baseline of 100. The gap between Las Vegas's most and least expensive categories — rents at 115.5 versus services at 90.6 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $99,785 inside Las Vegas, while a household needs roughly $100,215 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 115.5 — 15.5% above the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Las Vegas's overall index has stayed within 1.4 points, holding steady versus other U.S. metros. For the 2024 data year, goods are indexed at 96.3 and services at 90.6, meaning everyday spending in Las Vegas is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Las Vegas Cost Index at a Glance

Las Vegas all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg100100.2

Las Vegas category breakdown

BEA RPP composition by goods, services, rents, overall

Rents115.538Services90.646Goods96.271Overall100.215

Price Index Summary

Overall

100.2

+0.2 above avg

Goods

96.3

-3.7 below avg

Services

90.6

-9.4 below avg

Rents

115.5

+15.5 above avg

Price Index vs National Average (100)

Overall
National avg

Index 100.2 (+0.2 vs national avg)

Goods
National avg

Index 96.3 (-3.7 vs national avg)

Services
National avg

Index 90.6 (-9.4 vs national avg)

Rents
National avg

Index 115.5 (+15.5 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Above National Average

Rents +15.5% (115.5)
Overall +0.2% (100.2)

Below National Average

Services -9.4% (90.6)
Goods -3.7% (96.3)

Income Adequacy in Las Vegas

Las Vegas income adequacy score

$75,000 median income vs RPP 100.2

0/100100/100100/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$100,215

in Las Vegas-Henderson-North Las Vegas, NV purchasing power

$50,000 nationally
$50,108
$75,000 nationally
$75,161
$125,000 nationally
$125,269
$150,000 nationally
$150,323
$200,000 nationally
$200,430

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has remained relatively stable, changing by only 1.4 points over this period.

Year Overall
2008 101.6
2009 104.2
2010 101.4
2011 103.0
2012 102.3
2013 100.2
2014 99.6
2015 98.8
2016 97.5
2017 100.2
2018 96.3
2019 99.0
2020 97.8
2021 95.4
2022 96.5
2023 98.3
2024 100.2

Metros with Similar Cost of Living

These metros have an overall RPP closest to Las Vegas-Henderson-North Las Vegas, NV's index of 100.2.

Related Data for Las Vegas

Frequently Asked Questions

What is the cost of living in Las Vegas-Henderson-North Las Vegas, NV?
Las Vegas-Henderson-North Las Vegas, NV has a Regional Price Parity (RPP) index of 100.2, meaning it is 0.2% more expensive than the national average. Goods are indexed at 96.3, services at 90.6, and rents at 115.5. It ranks #86 out of 387 U.S. metro areas by overall cost.
What salary do I need in Las Vegas-Henderson-North Las Vegas, NV to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $100,215 in Las Vegas-Henderson-North Las Vegas, NV. Conversely, $100K earned in Las Vegas-Henderson-North Las Vegas, NV has the purchasing power of $99,785 at the national average.
How expensive is rent in Las Vegas-Henderson-North Las Vegas, NV?
Rents in Las Vegas-Henderson-North Las Vegas, NV are indexed at 115.5, which is 15.5% above the national average. This is significantly higher than typical U.S. rents.
Is Las Vegas-Henderson-North Las Vegas, NV getting more expensive?
From 2008 to 2024, Las Vegas-Henderson-North Las Vegas, NV's overall cost index changed by -1.4 points (from 101.6 to 100.2). The cost of living has remained relatively stable.
What costs the most in Las Vegas-Henderson-North Las Vegas, NV?
The most expensive category in Las Vegas-Henderson-North Las Vegas, NV is rents at 115.5, which is 15.5% above the national average. The most affordable category is services at 90.6, 9.4% below average.
What metros have a similar cost of living to Las Vegas-Henderson-North Las Vegas, NV?
Metros with the most similar overall cost index include Port St. Lucie, Amherst Town-Northampton, Greeley. These areas have RPP values within a few points of Las Vegas-Henderson-North Las Vegas, NV's 100.2.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

All federal data sources used on this page