Las Vegas, NM Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-08
82
Las Vegas's Overall Cost Of Living
0.8x
Lower Than The National Average
7 out of 44
In New Mexico
377 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Las Vegas is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Las Vegas, NM?

According to the most recent data on the cost of living, Las Vegas has an overall cost of living index of 82 which is 0.8x lower than the national index of 100.

Compared to only New Mexico, Las Vegas has a cost of living index that's 0.9x lower than New Mexico's index of 92.

The standard of living in Las Vegas ranks as #377 most affordable out of the 6,418 places we measured in New Mexico. By definition, that implies Las Vegas ranks as the #6,041 most expensive place in the Land of Enchantment.

For more reading on life in Las Vegas, check out:

Las Vegas Cost Of Living Vs. New Mexico

Living Expense Las Vegas New Mexico National Average
Overall 82 92 100
Services 85 92 100
Groceries 98 94 100
Health 99 98 100
Housing 64 87 100
Transportation 87 88 100
Utilities 94 91 100
For more reading on cost of living around New Mexico, check out:
Las Vegas Cost of Living Vs. NM

Las Vegas, NM Housing Cost Breakdown

Housing swings affordability the most between places in New Mexico, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$121,700
Median Home Value
$609
Median Rent
$30,877
Median Income
Statistic Las Vegas New Mexico United States
Median Home Value $121,700 $175,700 $229,800
Median Rent $609 $857 $1,096
Median Income $30,877 $51,243 $64,994
Home Value To Income 3.9x 3.4x 3.5x
Rent To Monthly Income 0.24x 0.2x 0.2x

Detailed Las Vegas Services Costs Vs. New Mexico

Item Las Vegas New Mexico
Shampoo $0.92 $1.06
Movie $9.5 $10.68
Bowling $11.2 $14.67

Detailed Las Vegas Groceries Costs Vs. New Mexico

Item Las Vegas New Mexico
Ground Beef $4.9 $4.22
Fried Chicken $1.11 $1.39
Milk $1.96 $2.05

Detailed Las Vegas Health Costs Vs. New Mexico

Item Las Vegas New Mexico
Haircut $18.38 $18.62
Beauty Salon $35.53 $39.05
Toothpaste $2.79 $2.34

Detailed Las Vegas Transportation Costs Vs. New Mexico

Item Las Vegas New Mexico
Potatoes $3.05 $3.29
Pizza $9.67 $10.62
Beer $8.22 $9.38
Optometrist $118.86 $108.57
Doctor $127.67 $116.17
Dentist $86.56 $99.13

Detailed Las Vegas Utilities Costs Vs. New Mexico

Item Las Vegas New Mexico
Gasoline $1.97 $2.22
Tire Balancing $40.79 $50.07
All Electricity $150.01 $167.67
Phone $183.97 $175.64

Las Vegas SnackAbility

5
/10
Overall SnackAbility
Jobs
4/10
Housing
5
Affordability
5
Diversity
8
Safety
6
Amenities
8.5
Education
6
Commute
10

Cost Of Living In Cities Around Las Vegas

City Population Cost Of Living Vs. Las Vegas
Santa Fe, NM 84,418 100 1.2x
Eldorado at Santa Fe, NM 5,510 120 1.5x

Articles About New Mexico

Enjoy The Snack?