Las Vegas vs Savannah: Cost of Living Comparison

How does the cost of living in Las Vegas, Nevada compare to Savannah, Georgia? Below is a side-by-side breakdown of housing costs, income, wages, and taxes using official government data.

Summary: Savannah is the more affordable city overall. Housing costs are 80% higher in Las Vegas compared to Savannah, while rent is 12% higher. NV has no state income tax.

MetricLas Vegas, NVSavannah, GADiff
Housing
Median Home Value$365,300$203,300+79.7%
Median Monthly Rent$1,356$1,216+11.5%
Income
Median Household Income$66,356$54,748+21.2%
Per Capita Income$36,275$30,978+17.1%
Taxes
State Income Tax RateNone5.5%-100.0%
Combined Sales Tax8.2%7.4%+11.7%
Demographics
Population644,835147,583+336.9%

Source: U.S. Census Bureau ACS 5-Year Estimates (2022), Freddie Mac Primary Mortgage Market Survey. State/local tax rates from Tax Foundation (2024).

Rent vs. Buy Calculator — Las Vegas

Monthly Mortgage (P&I)
$1,824
Property Tax
$335/mo
Insurance
$107/mo
Total Monthly Cost to Own
$2,266
Renting saves $910/mo
Based on $1,356/mo rent vs $2,266/mo ownership cost. Does not include equity buildup, maintenance, or tax deductions.

Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.

Rent vs. Buy Calculator — Savannah

Monthly Mortgage (P&I)
$1,015
Property Tax
$186/mo
Insurance
$59/mo
Total Monthly Cost to Own
$1,261
Renting saves $45/mo
Based on $1,216/mo rent vs $1,261/mo ownership cost. Does not include equity buildup, maintenance, or tax deductions.

Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.

Key Takeaways

Methodology

This comparison uses data from the U.S. Census Bureau American Community Survey 5-Year Estimates (2022) for median household income, median home value, median gross rent, per capita income, and population. State and local tax rates are sourced from the Tax Foundation. Mortgage rates are from the Freddie Mac Primary Mortgage Market Survey (updated weekly).

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