Quality of Life in Las Vegas, NV, for a Salary of $123,920
Navigating life in Las Vegas, Nevada, on an annual income of $123,920 offers a unique blend of affordability, entertainment, and lifestyle. Compared to the national average in the United States, let's delve into various facets such as the cost of living, housing market, quality of life, healthcare access, and the quality of K-12 schools.
Cost of Living
- Overall Cost of Living: While Las Vegas is slightly higher than the national average, it is generally more affordable than other major cities like San Francisco or New York.
- Groceries and Dining: Costs for groceries and dining out are comparable to the national average, with a wide range of options from budget-friendly to high-end dining experiences.
- Utilities and Transportation: Utilities are typically below the national average, and public transportation is improving, although the city remains largely car-dependent.
Housing Market
- Median Home Price: As of 2023, the median home price in Las Vegas is approximately $400,000, which is more affordable than in many other large metropolitan areas in the U.S.
- Rent vs. Buy: With a salary of $123,920, both renting and homeownership are viable options, depending on personal financial goals and lifestyle preferences.
- Property Taxes: Nevada boasts relatively low property taxes, making homeownership financially attractive compared to other parts of the country.
Quality of Life
- Entertainment and Recreation: Las Vegas offers unparalleled entertainment options, with access to world-class shows, concerts, and dining that contribute to a vibrant lifestyle.
- Outdoor Activities: Proximity to natural attractions like Red Rock Canyon and Lake Mead provides ample opportunities for outdoor enthusiasts.
Access to Healthcare
- Healthcare Facilities: The city has a mix of healthcare facilities, with several highly-rated hospitals and specialty care centers.
- Healthcare Costs: While healthcare costs align with national averages, quality and access can vary throughout the city.
Quality of K-12 Schools
- Public Schools: The quality of public schools can vary significantly depending on the neighborhood, with some schools performing above state averages while others may lag behind.
- Private and Charter Schools: There are numerous private and charter schools that offer alternatives, often with a focus on specialized curriculums or approaches.
Overall Assessment
Living in Las Vegas on a salary
