Median rent is 12% lower in Paradise ($1,372/mo vs $1,563/mo). Buying is cheaper in Paradise, where the median home runs $384,200 versus $427,900. Households earn more in Las Vegas ($73,877 vs $59,190 a year). Overall, the two cities have a nearly identical cost of living index (98.3).
City A
Las Vegas, NV
City B
Paradise, NV
How much would you need to earn in Paradise, NV to maintain your standard of living from Las Vegas, NV?
Equivalent salary in Paradise, NV
$75,000
Costs are about the same in both cities.
Based on BEA Regional Price Parity (cost index) for each metro area. This estimates overall purchasing power; it does not account for taxes or take-home pay differences.
Metric
Las Vegas
Nevada
Paradise
Nevada
Population
Median Household Income
Annual
Median Gross Rent
Per month
Median Home Value
Cost of Living Index
US avg = 100
1BR Fair Market Rent
HUD FMR
2BR Fair Market Rent
HUD FMR
3BR Fair Market Rent
HUD FMR
Air Quality Index
Lower = cleaner
Top State Income Tax
Top marginal rate
State Sales Tax
Statewide base rate
Median Age
Years
✓ = better value · Sources: Census ACS, BEA, HUD Fair Market Rents, EPA AirNow, Tax Foundation
Median rent is modestly lower in Paradise at $1,372/mo compared to $1,563/mo in Las Vegas (12% gap). Median home values are within 10% of each other: $427,900 in Las Vegas and $384,200 in Paradise.
Metric
Las Vegas
Paradise
Software Developer
Registered Nurse
Elementary Teacher
Electrician
Accountant
Higher wage highlighted · BLS OEWS 2023 (metro-level data)
State tax data is not yet available for these cities.
Las Vegas
Income tax: N/A
Sales tax: N/A
Paradise
Income tax: N/A
Sales tax: N/A
Both cities have similar air quality: Las Vegas averages 36.0 AQI (Good) and Paradise averages 36.0 AQI (Good).
Pick Las Vegas if you prioritize higher median household income ($73,877/yr).
Pick Paradise if you prioritize cheaper rent ($1,372/mo median).
Las Vegas is cheaper overall, with a cost of living index of 98.3 versus 98.3 (US average = 100). That means prices run about 0% lower in Las Vegas.
Median rent is $1,563/mo in Las Vegas, NV and $1,372/mo in Paradise, NV. Paradise, NV has the lower rent by about 12%.
Median household income is $73,877 in Las Vegas, NV and $59,190 in Paradise, NV. Las Vegas, NV has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Paradise, NV has better air quality on average: 36.0 AQI versus 36.0 AQI. Both are EPA AirNow annual averages; lower is better.
State tax data is not yet available for one or both cities.
To maintain the same purchasing power, a salary of $100,000 in Las Vegas, NV is equivalent to roughly $100,000 in Paradise, NV (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
