Oklahoma City vs North Las Vegas: Cost of Living Comparison

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

Summary: Oklahoma City is the more affordable city overall. Housing costs are 42% lower in Oklahoma City compared to North Las Vegas, while rent is 32% lower. NV has no state income tax.

MetricOklahoma City, OKNorth Las Vegas, NVDiff
Housing
Median Home Value$196,700$340,200-42.2%
Median Monthly Rent$1,012$1,479-31.6%
Income
Median Household Income$64,251$71,774-10.5%
Per Capita Income$35,954$29,460+22.0%
Taxes
State Income Tax Rate4.8%Nonesame
Combined Sales Tax9.0%8.2%+9.1%
Demographics
Population681,088264,022+158.0%

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 — Oklahoma City

Monthly Mortgage (P&I)
$982
Property Tax
$180/mo
Insurance
$57/mo
Total Monthly Cost to Own
$1,220
Renting saves $208/mo
Based on $1,012/mo rent vs $1,220/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 — 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.

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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