Overall
100.2
+0.2 above avg
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.
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.
Regional Price Parity vs national average (100)
BEA RPP composition by goods, services, rents, overall
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
Index 100.2 (+0.2 vs national avg)
Index 96.3 (-3.7 vs national avg)
Index 90.6 (-9.4 vs national avg)
Index 115.5 (+15.5 vs national avg)
Vertical line on each bar = national average (100)
$75,000 median income vs RPP 100.2
A $100,000 salary at the national average cost of living equals:
in Las Vegas-Henderson-North Las Vegas, NV purchasing power
Use the salary calculator for custom amounts.
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 |
These metros have an overall RPP closest to Las Vegas-Henderson-North Las Vegas, NV's index of 100.2.
Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.
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.
Read our methodology — how this data is sourced, computed, and verified.