Cost of Living: El Paso, TX vs Las Vegas, NV (2026)
El Paso
Texas
67
VS
Las Vegas
Nevada
111
El Paso is 44% cheaper than Las Vegas.
$1,041/mo
↓ 29%
Median Rent
$1,456/mo
↑ 40%
$58,734/yr
↓ 17%
Median Income
$70,723/yr
↑ 20%
$171,700
↓ 57%
Home Value
$395,300
↑ 130%
$1,044/mo
↓ 28%
Owner Costs
$1,452/mo
↑ 39%
678,147
Population
650,873
Tax Comparison
0%
Income Tax
0%
6.25%
Sales Tax
6.85%
1.6%
Property Tax
0.53%
Affordability
21.3%
rent-to-income
Affordability
24.7%
rent-to-income
Detailed Comparison
When comparing El Paso, TX and Las Vegas, NV, the overall cost of living indices are
67 and 111 respectively
(national median = 100). Rent is $415/month cheaper in El Paso, saving renters about $4,980/year.
Median household income is $11,989/year higher in Las Vegas. Home values also differ significantly — the median in El Paso is $171,700
compared to $395,300 in Las Vegas.
Frequently Asked Questions
El Paso vs Las Vegas — common questions
Is El Paso or Las Vegas cheaper to live in?
Based on our cost index, El Paso is cheaper to live in with an index of 67 compared to 111 (US average = 100).
What is the rent difference between El Paso and Las Vegas?
Median rent in El Paso is $1,041/month and in Las Vegas it's $1,456/month — a difference of $415/month.
Which city has higher income, El Paso or Las Vegas?
Median household income is $58,734 in El Paso and $70,723 in Las Vegas. Median household income is $11,989/year higher in Las Vegas.
How do taxes compare between Texas and Nevada?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax.
Should I move to El Paso or Las Vegas?
It depends on your priorities. El Paso has a cost index of 67 with median rent of $1,041/mo, while Las Vegas has a cost index of 111 with rent of $1,456/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.