Cost of Living: Las Vegas, NV vs Elgin, IL (2026)

Las Vegas

Nevada
111
VS

Elgin

Illinois
90

Las Vegas is 23% more expensive than Elgin.

$1,456/mo ↑ 16%
Median Rent
$1,260/mo ↓ 13%
$70,723/yr ↓ 20%
Median Income
$88,316/yr ↑ 25%
$395,300 ↑ 57%
Home Value
$252,400 ↓ 36%
$1,452/mo ↓ 3%
Owner Costs
$1,502/mo ↑ 3%
650,873
Population
114,106

Tax Comparison

0%
Income Tax
4.95%
6.85%
State Sales Tax
6.25%
0.53%
Property Tax
2.07%

Affordability

24.7%
rent-to-income
Affordability
17.1%
rent-to-income

Detailed Comparison

When comparing Las Vegas, NV and Elgin, IL, the overall cost of living indices are 111 and 90 respectively (national median = 100). Rent is $196/month cheaper in Elgin, saving renters about $2,352/year.

Median household income is $17,593/year higher in Elgin. Home values also differ significantly — the median in Las Vegas is $395,300 compared to $252,400 in Elgin.

Nevada has no state income tax, giving Las Vegas residents a significant tax advantage over Illinois's 4.95% rate.

Frequently Asked Questions

Las Vegas vs Elgin — common questions

Is Las Vegas or Elgin cheaper to live in?
Based on our cost index, Elgin is cheaper to live in with an index of 90 compared to 111 (US average = 100).
What is the rent difference between Las Vegas and Elgin?
Median rent in Las Vegas is $1,456/month and in Elgin it's $1,260/month — a difference of $196/month.
Which city has higher income, Las Vegas or Elgin?
Median household income is $70,723 in Las Vegas and $88,316 in Elgin. Median household income is $17,593/year higher in Elgin.
How do taxes compare between Nevada and Illinois?
Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Las Vegas or Elgin?
It depends on your priorities. Las Vegas has a cost index of 111 with median rent of $1,456/mo, while Elgin has a cost index of 90 with rent of $1,260/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Las Vegas details → View Elgin details →

More Comparisons

Other cost of living comparisons for Las Vegas and Elgin

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