Cost of Living: Las Vegas, NV vs Colorado Springs, CO (2026)

Las Vegas

Nevada
111
VS

Colorado Springs

Colorado
119

Las Vegas is 7% cheaper than Colorado Springs.

$1,456/mo ↓ 7%
Median Rent
$1,562/mo ↑ 7%
$70,723/yr ↓ 15%
Median Income
$83,198/yr ↑ 18%
$395,300 ↓ 6%
Home Value
$420,700 ↑ 6%
$1,452/mo ↓ 9%
Owner Costs
$1,592/mo ↑ 10%
650,873
Population
483,099

Tax Comparison

0%
Income Tax
4.4%
6.85%
State Sales Tax
2.9%
0.53%
Property Tax
0.51%

Affordability

24.7%
rent-to-income
Affordability
22.5%
rent-to-income

Detailed Comparison

When comparing Las Vegas, NV and Colorado Springs, CO, the overall cost of living indices are 111 and 119 respectively (national median = 100). Rent is $106/month cheaper in Las Vegas, saving renters about $1,272/year.

Median household income is $12,475/year higher in Colorado Springs. Home values also differ significantly — the median in Las Vegas is $395,300 compared to $420,700 in Colorado Springs.

Nevada has no state income tax, giving Las Vegas residents a significant tax advantage over Colorado's 4.4% rate.

Frequently Asked Questions

Las Vegas vs Colorado Springs — common questions

Is Las Vegas or Colorado Springs cheaper to live in?
Based on our cost index, Las Vegas is cheaper to live in with an index of 111 compared to 119 (US average = 100).
What is the rent difference between Las Vegas and Colorado Springs?
Median rent in Las Vegas is $1,456/month and in Colorado Springs it's $1,562/month — a difference of $106/month.
Which city has higher income, Las Vegas or Colorado Springs?
Median household income is $70,723 in Las Vegas and $83,198 in Colorado Springs. Median household income is $12,475/year higher in Colorado Springs.
How do taxes compare between Nevada and Colorado?
Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Las Vegas or Colorado Springs?
It depends on your priorities. Las Vegas has a cost index of 111 with median rent of $1,456/mo, while Colorado Springs has a cost index of 119 with rent of $1,562/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Las Vegas details → View Colorado Springs details →

More Comparisons

Other cost of living comparisons for Las Vegas and Colorado Springs

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