New York, NY vs Las Vegas, NV
Compare rent, home prices, and affordability for up to 3 US cities.
The Verdict
Las Vegas, NV is cheaper — a 2-bedroom averages $1,750/mo versus $2,780/mo in New York, NY, 37% ($1,030/mo) less. Over a year that is $12,360 more in rent for the same size unit.
Income Needed
To rent a 2-bedroom without exceeding the 30% rule, you need about $111,200/year in New York, NY versus $70,000/year in Las Vegas, NV — a $41,200 difference in required salary.
Home Prices
The median home costs $425,749 in Las Vegas, NV versus $817,745 in New York, NY — 92% higher. Buyers priced out of New York, NY may find Las Vegas, NV more attainable.
Select Cities (2/3)
New York, NY
Las Vegas, NV
| Metric | New York NY | Las Vegas NV |
|---|---|---|
| Studio Rent | $2,406 | $1,316✓ |
| 1BR Rent | $2,511 | $1,476✓ |
| 2BR Rent | $2,780 | $1,750✓ |
| 3BR Rent | $3,465 | $2,452✓ |
| 4BR Rent | $3,738 | $2,841✓ |
| Median Home Value | $817,745 | $425,749✓ |
| Price per sqft | — | — |
| Median Income | $97,334 | $73,845✓ |
| Income to Rent 2BR | $111,200/yr | $70,000/yr✓ |