If you’re asking, “Is Las Vegas affordable in 2025?” or comparing it to California or other major metros—you’re not alone. It’s one of the most searched questions by people considering a move to Nevada. And here’s the honest breakdown: while prices have gone up, Las Vegas still offers one of the best value-for-lifestyle tradeoffs in the West.
Let’s start with the basics: the cost-of-living index in Nevada is 101.3, just a tick above the national average. That means your day-to-day expenses—groceries, utilities, dining—are about on par with the rest of the U.S., while your tax savings and housing opportunities are significantly better.
✅ The median home price in Las Vegas sits at $420,400 as of 2024, making it far more attainable than cities like Los Angeles (where the median price is over $800,000). The median rent is $1,706/month, which is still manageable compared to coastal metros. And for homeowners, Nevada delivers one of the lowest property tax rates in the country at just 0.59%. To put it in perspective, the average property tax bill in Clark County is only $1,752 per year, which gives many buyers room to upgrade or save long-term.
Of course, not everything is cheaper. Gas prices hover around $4.00/gallon—about 22% above the national average—and some utilities can spike in the summer months. But when you factor in zero state income tax, more favorable business taxes, and a growing job market, many families and professionals find their net monthly savings outweigh any higher costs.
Bottom line: whether you're relocating for lifestyle, work, or to escape high taxes, Las Vegas continues to be a smart move in 2025. The key is understanding your budget, choosing the right neighborhood, and working with someone who knows the local market.
Ready to start your home search? Call or text me anytime, or answer a few short questions and I will send you some listings.
----> Start Here
Check out my Youtube Channel for Las Vegas Home Tours!
Talk soon,
Dale Abella
The Abella Team | Exp Realty
License No. S.0190387
