Quick answer
Overall prices in the Phoenix, AZ metro were 103.3 vs 100.2 in Las Vegas, NV in 2024 (US = 100), so Phoenix is 3.1% more expensive than Las Vegas; housing rents differ by 5% (121.2 vs 115.5). A $75,000 income in Phoenix buys about what $72,749 buys in Las Vegas, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Phoenix | Las Vegas | Phoenix vs Las Vegas |
|---|---|---|---|
| All items | 103.3 | 100.2 | +3.1% |
| Goods | 95.0 | 96.3 | -1.3% |
| Housing (rents) | 121.2 | 115.5 | +4.9% |
| Utilities | 93.3 | 90.6 | +3.0% |
| Other services | 104.0 | 98.7 | +5.3% |
| All items, 2008 | 105.7 | 101.6 | +4.0% |
| $50,000 in Phoenix equals in Las Vegas | $48,499 | ||
| $100,000 in Phoenix equals in Las Vegas | $96,999 | ||
| $150,000 in Phoenix equals in Las Vegas | $145,498 |
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Last updated 2026-10-16. Data only, not financial or tax advice.