Las Vegas, one of the most popular American cities, is the largest city in the U.S. state of Nevada, located in the Mojave Desert of Southern Nevada.
Las Vegas is the Entertainment Capital of the World, thus its popularity and importance.
The city features many mega-hotel/casino complexes decorated to the extreme, and is the hot spot for anyone wanting to unwind and have a great (an out of control) time!
The city contains so much entertainment opportunities that it’s often called the Sin City.
The thing about Las Vegas is that it’s overcrowded with everything! There’s chain restaurant after chain restaurant with unfortunately only a couple diamonds in the rough. All of the Nevada-Style Taverns are open 24/7, so you can always get food, and it’s not bad food, it’s just more “American” style or comfort food and the prices are reasonable.
Mind that Vegas is in the desert, which requires a lot of sources from the “outside”, which causes a lot of supplies to be bought above the average price. So, while some groceries will cost more than usual, you’ll definitely find some supermarkets and groceries that cost more or less the same as everywhere.
The hotel-casinos are close enough to each other to make walking a valid option: it really is no trouble to walk along Las Vegas Boulevard and it will cost you nothing. Buses can be an inexpensive option too, especially if you’re just traveling up-and-down the Strip, or to-and-from downtown. One of the easiest ways to get around is by taxi which is also relatively cheap.
Taking into consideration basic monthly utilities like electricity, water, heating and cooling, it all amounts to around 150$ a month, which is affordable for a normal-sized apartment of about 85m2. The internet access is good but very expensive costing close to 70$ per month.
SPORTS & LEISURE
Las Vegas can’t really boast having too has many natural resorts for practicing sports outside but there are many, many options of staying fit and practicing sports indoors, like gyms or fitness clubs. So, if you’re more of an indoor person, you can become a member of a gym or fitness club for around 23$.
CLOTHING & SHOES
There are many shopping malls that have nothing to do with casinos while, at the same time, many of the larger casinos include high-end shopping areas with designer stores. There are many open-layout centers that are quite nice. Here, you can buy quality jeans for around 40$, and running sneakers for only 67$.
RENT PER MONTH
There are many areas with custom multi-million dollar homes, especially on the west side but there are also many modest homes that don’t cost several million dollars. If you want an apartment in the center of Las Vegas, count on paying around 950$, and for a bigger apartment (if you have a family), add another 600$ to that.
Cost of Living Averages Table for Las Vegas, NV
|Average Restaurant Prices|
|Meal (Inexpensive Restaurant)||$15.00|
|Domestic Beer (0.5 Liter)||$5.00|
|Water (0.33 Liter)||$1.09||Average Market Prices|
|Milk (1 Liter)||$0.80|
|Loaf Bread (500g)||$2.62|
|Eggs (12)||$2.27||Average Transport Prices|
|One Way Ticket||$2.00|
|Gasoline||$0.83||Average Utilities Prices|
|Basic (Water, Electricity, Garbage, Heating, Cooling)||$151.32|
|1 min. of Prepaid Mobile Tariff Local||$0.22|
|Internet (Unlimited Data, Cable/ADSL)||$68.94||Average Leisure Prices|
|Fitness Club, Monthly Fee for 1 Adult||$23.56|
|Tennis Court Rent (1 Hour)||$21.45|
|Cinema, 1 Seat, International Release||$12.00||Average Clothing Prices|
|1 Pair of Jeans (Levis 501 Or Comparable)||$39.03|
|1 Summer Dress in a Chain Store (Zara, etc...)||$34.80|
|1 Pair of Adidas Walking Shoes (Mid-Range)||$66.76||Average Rent Prices|
|Apartment (1 bedroom) in City Center||$947.80|
|Apartment (1 bedroom) Outside of Center||$850.82|
|Apartment (3 bedrooms) in City Center||$1523.94|
How Does the Average Person Spend Their Money in Las Vegas, NV?
As in most countries of the world, the biggest expense for the people of Las Vegas is food and groceries – around 30% of one’s income gets spent on food.
The second biggest expense is rent, since it’s relatively high though not as high as it can get in America.
Transportation expenses and going to restaurants are almost equally as important for the people of Las Vegas, since they spend about 15% of their salaries on restaurants and almost 10% on transportation.
Utilities have a very low percentage on this pie chart of expenses, which means that Las Vegas has low prices of electricity!
Las Vegas, NV: Average Salary, Minimum Wage & Mortgages
It’s easy to find work here if you’ve got either the education or the experience in what companies out here look for.
The quality of life is good, in general, and might be a common misconception that the prices here are through the roof because of all the casino complexes. The salaries are definitely high enough to cover all expenses.
Their average monthly net salary is near 3000$ which is a good salary and takes care of the basics, but could still mean a bit of struggle for someone who’s renting.
Minimum wage in Las Vegas is around 1250$, which is still not staggeringly low and allows for citizens to afford all necessities.
Cost of Living by City in United States
*Click the name of the city for more information.