Las Vegas Cost of Living
All the charts that I see all use the same general criteria: Groceries Housing Utilities Transportation Health Care Misc. Goods and Services Now I don’t know what they include in their housing costs, but one of the first things we noticed about living in Las Vegas is the property taxes. They are very low, and there is no school tax added on (where we lived that was twice the amount of the property tax). That means, for a house of the same value, our property/school tax bill is 70% less than before. That is a huge difference, and more than makes up for the few things, like vehicle registration, that are much more expensive. In fact, it puts us well ahead of the game. The other major savings not included in the charts is that Nevada has no state income tax. Look at what you are paying to your state now, and add that money right back into your take home pay. See a difference? I thought so (unless you’re moving from one of the five other states with no income tax). Again, it depends on where you move from, but we found that most major expenses, such as car insurance, groceries, and utilities, were about the same. Some are perhaps a bit higher, but not enough to have an impact. What we did see, moving from New York, was that our health insurance bills (we’re self employed, remember) dropped by more than 50%. Overall, our cost of living dropped appreciable by moving to Las Vegas. If you look at all the numbers, you may find yours does too. Happy saving!
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