Las Vegas, NV vs. New York, NY: Cost of Living
Side-by-side comparison of Las Vegas and New York, built from Census Bureau ACS 2020-2024 estimates.
The numbers
| Measure | Las Vegas, NV | New York, NY | Difference |
|---|---|---|---|
| Population | 660,400 | 8,483,844 | +1184.7% |
| Median household income | $73,877 | $80,483 | +8.9% |
| Median gross rent (monthly) | $1,563 | $1,821 | +16.5% |
| Median home value | $427,900 | $777,600 | +81.7% |
Difference is New York, NY relative to Las Vegas, NV.
Purchasing power
Using state-level price parities (BEA RPP 2024: Nevada 100.0, New York 107.9, U.S. = 100), a $100,000 salary in Las Vegas, NV buys about as much as $107,944 in New York, NY.
State-level price index; city prices within a state vary. See methodology.
Housing affordability
| Measure | Las Vegas, NV | New York, NY |
|---|---|---|
| Salary needed for median rent (30% rule) | $62,520 | $72,840 |
| Rent burden at local median income | 25.4% | 27.2% |
| Est. affordable home price at median income | $269,498 | $293,597 |
Home price assumes 6.67% 30-yr rate (FRED, 2026-08), 20% down, 28% front-end DTI, 1.5%/yr taxes+insurance. Not financial advice.
Full city profiles
About this data
- American Community Survey 5-Year Estimates — data period 2020-2024, retrieved August 13, 2026.
- Regional Price Parities — data period 2024, retrieved August 13, 2026.
- Federal Reserve Economic Data — data period 2026-08, retrieved August 13, 2026.
Figures are shown exactly as published by the source or derived by the documented formulas on our methodology page. Where a source suppresses an estimate, we show “—” rather than a substitute value.