Quality of Life in Las Vegas with an Annual Income of $128,240

Cost of Living

• General Overview: The cost of living in Las Vegas is relatively moderate when compared to other major cities in the U.S., with significant savings primarily in housing and transportation.
• Cost Index: Las Vegas’s cost of living index hovers around the national average, which is advantageous for families and individuals earning above the median income.
• Utilities and Groceries: Utilities and grocery costs might be slightly above the national average, but these increases are manageable with an income of $128,240.

Housing Market

• Median Home Price: The median home price in Las Vegas is higher than the national average but still lower than other urban centers such as Los Angeles or New York.
• Affordability: With a salary of $128,240, purchasing a home in Las Vegas is feasible, providing options for both single-family homes and apartments in various neighborhoods.
• Market Trends: The housing market is competitive yet offers a unique opportunity for appreciation due to Las Vegas's growth as a desirable living location.

Quality of Life

• Entertainment and Dining: Las Vegas offers an exceptional entertainment scene, with world-class dining, shows, and cultural events, contributing to a vibrant lifestyle.
• Outdoor Activities: The city is surrounded by natural beauty, offering ample outdoor activities, such as hiking and exploring the nearby Red Rock Canyon and Lake Mead.
• Lifestyle: The city’s 24/7 nature provides flexibility and convenience for various preferences, contributing to a dynamic and lively environment.

Access to Healthcare

• Healthcare Facilities: Las Vegas is home to several reputable hospitals and clinics, ensuring diverse healthcare options.
• Healthcare Costs: Medical expenses in Las Vegas align with the national average, which can be comfortably managed with the given income.
• Insurance Coverage: Many employers in Las Vegas offer comprehensive health insurance, aiding in accessible and affordable healthcare.

Quality of K-12 Schools

• Public Schools: The quality of public schools in Las Vegas varies, with some schools rated above the national standards due to programs in STEM and arts.
• Private and Charter Schools: There are numerous private and charter school options, providing choices for families seeking different educational environments.
• Educational Resources: Investment in technology and extracurricular activities in schools is noticeable, though it can be inconsistent across districts.