Is Las Vegas, NV cheaper or more expensive than Phoenix, AZ?

Las Vegas, NV (RPP 96.5) is cheaper than Phoenix, AZ (RPP 103.7) by about 6.9%.

What salary do I need in Las Vegas, NV if I earn $100,000 in Phoenix, AZ?

You would need approximately $93,057 in Las Vegas, NV to maintain the same purchasing power as $100,000 in Phoenix, AZ. Formula: $100,000 x (96.5 / 103.7).

Which metro had stronger net migration, Phoenix, AZ or Las Vegas, NV?

For 2021-2022, Phoenix, AZ had a net gain of 20,892 people, while Las Vegas, NV had a net gain of 11,229 people. IRS small-flow suppression means these are lower-bound research signals, not complete population-change totals.

Route comparison

Phoenix, AZ vs Las Vegas, NV: Cost of Living

Compare the cost of living between Phoenix, AZ and Las Vegas, NV. See the equivalent salary and median rent powered by BLS Regional Price Parities.

Source-verified · June 2026BEA Regional Price Parities by MSA, 2022 (Table 4); HUD FY2024 Fair Market Rents (2-BR) Official source ↗

Phoenix, AZ

Overall RPP (US=100): 103.7
Housing RPP: 122.9
Goods RPP: 98.3
2-BR median rent: $1,877/mo

Arizona income tax 2.5% flat rate (since 2023). No city income tax.

Las Vegas, NV

Overall RPP (US=100): 96.5
Housing RPP: 112.7
Goods RPP: 97
2-BR median rent: $1,643/mo

Nevada has no state income tax. Popular destination from California.

Equivalent salary

Las Vegas, NV is cheaper than Phoenix, AZ by about 6.9% (RPP 103.7 to 96.5).

$60,000 in Phoenix, AZ

-> $55,834

in Las Vegas, NV

$100,000 in Phoenix, AZ

-> $93,057

in Las Vegas, NV

$150,000 in Phoenix, AZ

-> $139,585

in Las Vegas, NV

This tool provides estimates only. Equivalent-salary figures are derived from BLS Regional Price Parities (RPP) and HUD Fair Market Rents — they are averages, not guarantees. Actual cost of living varies by neighborhood, lifestyle, and individual circumstances. Not financial advice.

Migration signal: Phoenix, AZ vs Las Vegas, NV

IRS tax-return migration · 2021-2022

Phoenix, AZ

Net people: +20,892
Net rank: #8 of 65
Top origin share: 4%
Top destination share: 3%

Largest source: Los Angeles County, CA. Largest destination: Pima County, AZ.

Las Vegas, NV

Net people: +11,229
Net rank: #14 of 65
Top origin share: 13%
Top destination share: 6%

Largest source: Los Angeles County, CA. Largest destination: Los Angeles County, CA.

Rent delta: Las Vegas, NV is $234/mo lower for HUD FY2024 2-BR FMR than Phoenix, AZ. Housing RPP moves from 122.9 to 112.7.

Migration figures are derived from IRS SOI county-to-county migration data for 2021-2022, mapped to metros via Census CBSA delineation. Small county-to-county flows are IRS-suppressed, so per-metro totals are lower bounds. Source: IRS SOI migration data.

Frequently asked questions

Is Las Vegas, NV cheaper or more expensive than Phoenix, AZ?: Las Vegas, NV (RPP 96.5) is cheaper than Phoenix, AZ (RPP 103.7) by about 6.9%.
What salary do I need in Las Vegas, NV if I earn $100,000 in Phoenix, AZ?: You would need approximately $93,057 in Las Vegas, NV to maintain the same purchasing power as $100,000 in Phoenix, AZ. Formula: $100,000 x (96.5 / 103.7).
Which metro had stronger net migration, Phoenix, AZ or Las Vegas, NV?: For 2021-2022, Phoenix, AZ had a net gain of 20,892 people, while Las Vegas, NV had a net gain of 11,229 people. IRS small-flow suppression means these are lower-bound research signals, not complete population-change totals.

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