Median rent is 12% lower in Paradise ($1,287/mo vs $1,456/mo). Buying is cheaper in Paradise, where the median home runs $358,400 versus $395,300. Households earn more in Las Vegas ($70,723 vs $58,874 a year). Overall, the two cities have a nearly identical cost of living index (96.5).
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 city's metro area. A rough estimate of overall purchasing power, not tax or take-home pay.
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: US Census ACS, BEA RPP, HUD FMR, EPA AirNow, Tax Foundation
Median rent is modestly lower in Paradise at $1,287/mo compared to $1,456/mo in Las Vegas (12% gap). Median home values are within 9% of each other: $395,300 in Las Vegas and $358,400 in Paradise.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
Both Nevada and Nevada have no state income tax — a notable advantage for workers in both cities. Sales tax is 6.85% in Nevada and 6.85% in Nevada; Paradise has the lower rate (local add-ons may apply in both).
Las Vegas
Income tax: None
Sales tax: 6.85%
Paradise
Income tax: None
Sales tax: 6.85%
Both cities have similar air quality: Las Vegas averages 23.0 AQI (Good) and Paradise averages 23.0 AQI (Good).
Pick Las Vegas if you prioritize higher median household income ($70,723/yr).
Pick Paradise if you prioritize cheaper rent ($1,287/mo median).
Is Las Vegas cheaper than Paradise?
Las Vegas is cheaper overall, with a cost of living index of 96.5 versus 96.5 (US average = 100). That means prices run about 0% lower in Las Vegas.
How much is rent in Las Vegas vs Paradise?
Median rent is $1,456/mo in Las Vegas, NV and $1,287/mo in Paradise, NV. Paradise, NV has the lower rent by about 12%.
Which has higher salaries — Las Vegas or Paradise?
Median household income is $70,723 in Las Vegas, NV and $58,874 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.
Which city has better air quality?
Paradise, NV has better air quality on average: 23.0 AQI versus 23.0 AQI. Both are EPA AirNow annual averages; lower is better.
Which has lower taxes — Las Vegas or Paradise?
Both Nevada and Nevada have no state income tax.
What salary do I need in Paradise to match my Las Vegas income?
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: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology