New York is 50% more expensive than Las Vegas.
When comparing New York, NY and Las Vegas, NV, the overall cost of living indices are 166 and 111 respectively (national median = 100). Rent is $323/month cheaper in Las Vegas, saving renters about $3,876/year.
Median household income is $8,990/year higher in New York. Home values also differ significantly — the median in New York is $751,700 compared to $395,300 in Las Vegas.
Nevada has no state income tax, giving Las Vegas residents a significant tax advantage over New York's 10.9% rate.
New York vs Las Vegas — common questions
Other cost of living comparisons for New York and Las Vegas