Can you afford to live in Las Vegas?

Median household income, home values and rent in Las Vegas, NV — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Las Vegas.

Median household income: $70,723 — +40.9% since 2015 (not adjusted for inflation)

Median gross rent: $1,456/mo — +49.3% since 2015

Median home value, 2015 to 2023

• 2015: 168800
• 2023: 395300

Median household income

• Las Vegas: 70723
• Clark County: 73845
• NV: 75561
• U.S.: 78538

Median gross rent

• Las Vegas: 1456
• Clark County: 1518
• NV: 1489
• U.S.: 1348

Share of income a typical renter spends on rent: 34.1% — U.S.: 30.2%

What it means

The typical household here earns $70,723 — slightly lower than the national figure of $78,538.

The typical renter here spends 34.1% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+49.3% versus +40.9%), before adjusting for inflation.