North Las Vegas vs Phoenix: Cost of Living Comparison

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

Summary: Phoenix is the more affordable city overall. Housing costs are 0% lower in North Las Vegas compared to Phoenix, while rent is 12% higher. NV has no state income tax.

MetricNorth Las Vegas, NVPhoenix, AZDiff
Housing
Median Home Value$340,200$340,200same
Median Monthly Rent$1,479$1,322+11.9%
Income
Median Household Income$71,774$72,092same
Per Capita Income$29,460$37,499-21.4%
Taxes
State Income Tax RateNone2.5%-100.0%
Combined Sales Tax8.2%8.4%-1.7%
Demographics
Population264,0221,609,456-83.6%

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 — North Las Vegas

Monthly Mortgage (P&I)
$1,699
Property Tax
$312/mo
Insurance
$99/mo
Total Monthly Cost to Own
$2,110
Renting saves $631/mo
Based on $1,479/mo rent vs $2,110/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 — Phoenix

Monthly Mortgage (P&I)
$1,699
Property Tax
$312/mo
Insurance
$99/mo
Total Monthly Cost to Own
$2,110
Renting saves $788/mo
Based on $1,322/mo rent vs $2,110/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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